Nvidia CEO Jensen Huang admits he doesn't know if AI will eventually destroy humanity

Alphabet's Tensor Processing Units (TPUs) are gaining traction among investors as analysts predict the company could secure a significant share of the $900 billion AI-chip market, positioning itself as a formidable competitor to Nvidia.

Anthropic's CEO has acknowledged the ongoing AI boom while expressing concerns about some companies engaging in reckless financial practices, described as 'YOLO-ing,' in their pursuit of rapid advancements. This sentiment reflects the competitive pressure within the industry, particularly in relation to global rivals like China.

Nvidia and Mistral AI have announced a partnership to launch a new family of open-source AI models, leveraging Nvidia's platforms to optimize Mistral's offerings. This collaboration aims to enhance the capabilities and accessibility of AI technologies across various applications.

Moore Threads Technology Co., a prominent Chinese AI chipmaker, commenced trading on the Shanghai stock exchange, marking the second-largest initial public offering (IPO) in China this year. This significant event underscores the growing interest and investment in the AI sector within the country.

Meta has announced plans to significantly cut resources allocated to its metaverse project, a shift from CEO Mark Zuckerberg's earlier vision of the metaverse as the company's future direction. This decision reflects a reevaluation of priorities amid financial pressures and scrutiny regarding the project's viability.

AMD CEO Lisa Su addressed concerns regarding a potential AI bubble during WIRED's Big Interview event, stating that such worries are exaggerated and asserting confidence in the AI chip market's growth. She emphasized that from her perspective, the AI sector is not experiencing a bubble.

ByteDance and DeepSeek, two prominent players in China's artificial intelligence sector, are pursuing markedly different strategies, highlighting the divergent paths within the industry. While ByteDance focuses on leveraging AI for content creation and user engagement, DeepSeek is emphasizing open-source AI models, such as its recent release that rivals GPT-5.

Cambricon Technologies has announced plans to more than triple its production of AI chips by 2026, aiming to capture market share from Huawei Technologies in China and to fill the gap left by Nvidia's exit from the market. This strategic move comes as the company seeks to enhance its domestic AI chip manufacturing capabilities amid increasing competition.