In the A.I. Race, Chinese Talent Still Drives American Research

A recent gathering in New York's financial district highlighted the growing intersection of traditional finance and cryptocurrency, as a prominent Wall Street figure met with a young crypto entrepreneur. This event underscores the increasing interest in prediction markets, which are gaining traction among major financial players.

China's humanoid robot army is rapidly expanding, surpassing the development efforts of the United States. As Elon Musk envisions a future with a robot army, China's market is already populated with humanoid bots, indicating a significant shift in technological advancements in robotics.

A suspected Russian hacker has been arrested in Thailand, where he was wanted by the FBI for alleged cyberattacks targeting U.S. and European government agencies. The arrest highlights ongoing international efforts to combat cybercrime.

Nvidia reported a 65% increase in profit, reaching $31.9 billion, with revenue for the recent quarter rising to $57 billion. The company's CEO, Jensen Huang, has focused on artificial intelligence chips, significantly boosting Nvidia's position in the tech industry.

President Donald Trump has reiterated his support for skilled immigrants training U.S. workers in high-tech factories, emphasizing that this initiative aligns with his 'Make America Great Again' (MAGA) agenda.

Experts warn that reliance on foreign-made open models poses significant risks to the US supply chain and innovation in artificial intelligence. This dependency could hinder the country's competitive edge against China in the rapidly evolving tech landscape.

Over the past ten months, President Trump has developed a close relationship with Jensen Huang, the CEO of Nvidia. This partnership has positioned Nvidia's chips as significant tools in trade and peace negotiations. In April, Huang announced a $500 billion investment in U.S. manufacturing by Nvidia and its suppliers during a White House news conference.

The Dutch government has announced it will relinquish control over the Chinese-owned chipmaker Nexperia, following a prolonged standoff between China and the Netherlands. This decision marks a significant shift in the government's approach to foreign ownership of critical technology firms amid rising geopolitical tensions.