China's transport, logistics, and ride-hailing sectors are accelerating the mass adoption of autonomous vehicles, threatening the jobs of millions of drivers (Edward White/Financial Times)

Federal prosecutors have charged two Chinese nationals and two U.S. citizens for allegedly smuggling advanced Nvidia chips to China, violating national security export restrictions. The chips, valued at millions of dollars, are critical to various technologies, particularly in artificial intelligence.

OpenAI has announced a commitment to invest approximately $1.4 trillion in data centers over the next decade. This investment is part of a complex web of deals, yet the company has not disclosed its auditor, raising concerns about transparency. The lack of available information online further complicates the situation, leading to scrutiny regarding OpenAI's financial practices.

The European Commission has postponed a significant aspect of the Artificial Intelligence Act, leading critics to argue that the EU prioritizes regulation over innovation. This delay has raised concerns about the EU's commitment to establishing robust AI regulations amid pressures from various stakeholders, including the tech industry.

Key White House officials are urging lawmakers on Capitol Hill to exclude AI chip export restrictions to China from the annual defense policy bill. This push reflects ongoing strategic considerations regarding technology and national security as the U.S. navigates its relationship with China.

US President Donald Trump stated that investment in artificial intelligence (AI) is significantly benefiting the economy. However, he expressed concerns that overregulation could hinder the US's competitive edge against China in the AI sector.

Nokia has announced plans to separate its artificial intelligence operations from its telecommunications business, following a $1 billion investment from Nvidia. This decision comes as Nokia aims to drive growth through new technologies. The company's stock closed down 6.98% amid these developments.

US officials are reportedly indicating that semiconductor tariffs may not be imposed soon, reflecting a more cautious stance from the Trump administration regarding China. This potential delay comes amid ongoing trade tensions and strategic considerations in US-China relations.

Experts warn that reliance on foreign-made open models poses significant risks to the US supply chain and innovation in artificial intelligence. This dependency could hinder the country's competitive edge against China in the rapidly evolving tech landscape.