Nvidia boss Jensen Huang steers Trump, Congress against AI chip limits and state-level AI rules

Moore Threads, an AI chip maker founded by a former Nvidia executive, experienced a remarkable 425% surge in its stock price on its debut day following a successful IPO that raised over $1 billion. This significant market entry highlights the growing competition in the AI chip sector, particularly against established players like Nvidia.

Nvidia has announced the discontinuation of support for its Linux 590 driver for GTX 900 and 10-series GPUs, marking the end of Game Ready updates for these older graphics cards. While quarterly security updates will still be provided, this decision signals a significant shift in Nvidia's support strategy for legacy hardware.

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.

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.

Former President Donald Trump has expressed a desire to promote smaller, Japanese-style cars in the U.S. market, despite his administration's rollback of fuel economy standards that were initially more stringent. This move raises concerns about the potential impact on environmental regulations and consumer choices.

A social media account named Diaper Diplomacy has gained attention for creating humorous videos that depict political figures Donald Trump and Vladimir Putin as babies, offering a lighthearted approach to geopolitical news. This trend reflects a growing demand for more accessible and entertaining ways to engage with serious topics in the digital age.

Nvidia CEO Jensen Huang is actively engaging with Republican lawmakers in Washington amid a heated debate surrounding the rapid advancement of artificial intelligence technology. His visit underscores the increasing importance of AI in political and economic discussions.