The power crunch threatening America’s AI ambitions

The UK government has announced a commitment to create 50,000 new apprenticeships aimed at boosting youth employment in key sectors such as artificial intelligence (AI), hospitality, and engineering. This initiative is part of a broader strategy to enhance job opportunities for young people amidst evolving economic challenges.

The Trump administration's new strategy on immigration and innovation, led by Stephen Miller, aims to leverage the benefits of immigration while restricting the admission of immigrants. This approach reflects a significant shift in national security policy, prioritizing economic gains without the associated demographic changes.

Nvidia has released a significant update to its CUDA platform, marking the most substantial change since 2006, which enhances its competitive edge in the AI sector. This update comes on the heels of a successful year for Nvidia, characterized by record earnings and strong demand for its AI chips.

Big-tech CEOs are increasingly acknowledging that advancements in artificial intelligence (AI) could threaten their positions, with Google’s Sundar Pichai suggesting that the role of a CEO is among the 'easier things' AI could replace. This acknowledgment reflects a growing recognition of AI's capabilities in decision-making processes across various sectors.

Tech elites are increasingly establishing their own for-profit cities as a means to escape regulatory frameworks and perceived failures of democratic governance. This trend reflects a growing desire among these individuals to create environments that align with their values and operational preferences.

Clear Street, a crypto treasury underwriter closely linked to the Trump family’s media group, is preparing to go public in the upcoming year, capitalizing on the ongoing digital asset boom that has captivated global markets. This move comes as the firm positions itself to benefit from the increasing interest in cryptocurrencies and related financial services.