Despite talk of an existential US-China AI race, the Chinese state and its major companies are spending more to dominate other domains, such as EVs and robotics (Tim Wu/Financial Times)

A recent analysis from the University of Cambridge highlights how inexpensive SMS text message verification is being exploited to create online accounts, which in turn fuels global influence and manipulation campaigns. This method allows for the rapid proliferation of fake accounts, impacting various online platforms and social media dynamics.

The ongoing boom in artificial intelligence (AI) is causing significant delays in municipal projects across the United States, as approximately $4 trillion in AI infrastructure spending through 2030 diverts skilled construction workers to data centers. This shift is particularly impacting state and local projects, which are now facing increased competition for resources.

Apollo Global Management has taken a bearish stance on technology firms by placing bets against the loans of several software makers deemed vulnerable to artificial intelligence, according to a report by the Financial Times.

Moore Threads Technology Co. experienced a remarkable 425% increase on its first day of trading, marking China's most successful initial public offering since 2019. This surge reflects a growing investor enthusiasm for advancements in China's AI chip sector, despite underlying technological challenges that could impede long-term growth.

Broadcom's shares have significantly declined following a disappointing sales outlook that failed to meet investor expectations, mirroring a similar trend seen with Oracle's recent struggles in the AI sector. This downturn comes despite Broadcom reporting record revenue growth, highlighting investor concerns about future profitability.

China has decided to reject the purchase of Nvidia's H200 AI chips, as stated by David Sacks, who claims the country aims for semiconductor independence and intends to support Huawei. This decision comes amid U.S. efforts to facilitate Nvidia's sales to China, which were previously restricted due to national security concerns.

China has decided to reject Nvidia Corp.'s H200 AI chips, opting instead for domestically developed semiconductors, as stated by White House AI czar David Sacks. This move comes in response to the U.S. strategy that previously allowed Nvidia to sell these chips to approved customers in China, which has now shifted due to national security concerns.

Former President Donald Trump signed an executive order aimed at centralizing artificial intelligence (AI) regulation at the federal level, asserting that a unified national policy will eliminate the confusing patchwork of state laws that hinder innovation and threaten the U.S. competitive edge against China in AI development.