Nvidia refuted accounting questions in a memo to analysts, saying "Unlike Enron, NVIDIA does not use Special Purpose Entities to hide debt and inflate revenue" (Tae Kim/Barron's Online)

Google has initiated discussions with customers, including Meta and major financial institutions, about utilizing its Tensor Processing Units (TPUs) in their own data centers. This move marks a significant step in Google's strategy to compete directly with Nvidia in the AI chip market, where it has traditionally rented out its technology rather than selling it outright.

The Trump administration is currently considering whether to permit Nvidia to sell its H200 artificial intelligence chips to China, a decision that reflects a significant shift from previous export restrictions aimed at safeguarding national security. This deliberation highlights the balancing act between economic interests and security concerns in U.S.-China relations.

US Commerce Secretary Howard Lutnick emphasized the need for the European Union to ease technology regulations while discussing potential steel and aluminum trade agreements. He also addressed the implications of selling Nvidia's H200 chips to China and the upcoming Supreme Court ruling on tariffs from the Trump Administration during an interview on Bloomberg Surveillance.

Revolut has achieved a valuation of $75 billion following a new capital raise led by prominent investors including Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from Nvidia's NVentures and others. This funding round reflects strong investor confidence in the fintech sector and Revolut's growth trajectory.

Commerce Secretary Howard Lutnick announced that the decision to authorize sales of Nvidia’s H200 artificial intelligence chips to China is currently awaiting President Donald Trump's approval. This move comes amid ongoing discussions about the implications of such sales on national security, as highlighted during Lutnick's appearance on Bloomberg Surveillance.

A Shanghai intern resigned after his employer demanded he surrender an RTX 5060 graphics card he won at an Nvidia event during a business trip to Suzhou. The incident highlights tensions between personal achievements and corporate expectations in the tech industry.

Tech giants are currently navigating a complex landscape marked by AI backlash, significant infrastructure investments, and discussions about the future of work. Companies like Google are addressing user concerns regarding AI training and data privacy, while Hyundai's investment in an AI data center powered by Nvidia highlights the push towards autonomous systems.

Tech giants are currently navigating a complex landscape characterized by AI backlash, significant infrastructure investments, and discussions about the future of work. Companies like Google are addressing user concerns regarding AI training and data privacy, while Hyundai's investment in an AI data center powered by Nvidia highlights a push towards autonomous systems.