Trump Rejects Slower AI Development, Citing Competition with China
Donald Trump says the United States should preserve its AI advantage over China, while acknowledging a need for some safeguards as Washington prepares further discussions.
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US to Tell Dozens of Nations to Pick a Side in the AI Race
The US is preparing to warn dozens of countries they must choose between its Pax Silica AI coalition and China’s competing framework, or risk exclusion, according to a leaked draft.
Big Tech Turns to Debt Markets to Finance AI Boom
Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.
Nvidia’s Jensen Huang Softens His ‘China Will Win the AI Race’ Comment
By
Laura Bennett
• 3 mins read
Nvidia CEO Jensen Huang clarified remarks suggesting China would win the AI race, saying the U.S. can stay ahead by innovating faster and empowering global developers.
Nvidia Makes History as First $5 Trillion Company Amid AI Boom
By
Maria Konash
• 2 mins read
Nvidia hits a $5 trillion market valuation, cementing its role at the heart of the global AI surge and propelling CEO Jensen Huang into Silicon Valley legend status.
Oracle to Deploy 50,000 AMD AI Chips, Expanding Compute Power for OpenAI and Cloud Clients
By
Laura Bennett
• 3 mins read
Oracle Cloud Infrastructure will deploy 50,000 AMD Instinct MI450 GPUs beginning in 2026, underscoring the growing competition to Nvidia in the global race for AI computing capacity.
Elon Musk’s xAI Eyes $20B Funding Round with Nvidia Chip Backing
By
Samantha Reed
• 3 mins read
Elon Musk’s AI startup xAI is reportedly raising up to $20 billion, with Nvidia committing as much as $2 billion in equity. A significant portion of the funding is tied directly to acquisition of Nvidia GPUs.
Perplexity Raises $200 Million, Hitting $20 Billion Valuation in AI Search Race
By
Maria Konash
• 3 mins read
AI search startup Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after a $100 million round – signaling its rapid rise as a major rival to Google.