Sources: Trump's team recently discussed letting Nvidia sell H200 chips to China, a major departure from the administration's earlier public stances (Bloomberg)

A sanctioned Russian oil tanker changed its course while heading to Venezuela after encountering a U.S. Navy destroyer in the Caribbean, as reported by vessel-tracking data analyzed by Bloomberg.

Under CEO Lisa Su, AMD has shifted its focus to artificial intelligence (AI) chips, significantly increasing its market value from $90 billion to over $335 billion within three years. This strategic pivot positions AMD to compete directly with Nvidia in the burgeoning AI sector, which is projected to reach $1 trillion annually.

Bloomberg’s Caroline Hyde reports on the recent volatility in markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI has partnered with Foxconn to design AI data center hardware in the US, while Cerebras CEO Andrew Feldman comments on the US approval for advanced AI chips to be sold to the Middle East.

Canva's COO, Cliff Obrecht, discussed the company's upcoming product rollouts and leadership enhancements as it prepares for a public offering. This announcement was made during an interview with Caroline Hyde on Bloomberg Tech.

Meta is entering the power trading market to support its AI expansion, committing to long-term energy contracts to assist plant developers. This strategic move aims to bolster Meta's infrastructure as it continues to grow its artificial intelligence capabilities.

Bloomberg's Caroline Hyde reports on a turbulent week for markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI is collaborating with Foxconn to develop AI data center hardware in the U.S. Additionally, Cerebras CEO Andrew Feldman comments on the U.S. approval for advanced AI chips to be sold to the Middle East.

Four individuals, including a Chief Technology Officer, have been arrested and indicted for illegally exporting Nvidia chips to China. The charges include illegal exports, smuggling, and money laundering, highlighting serious concerns over national security and compliance with export regulations.

Federal prosecutors have charged four individuals, including two Americans and two Chinese nationals, for allegedly smuggling Nvidia GPUs from the United States to China. The operation reportedly involved the export of hundreds of these graphics processing units, which are crucial for AI applications, raising concerns about national security and unauthorized technology transfer.