The Trump administration is considering duties on finished products containing chips—laptops, data center servers and gaming consoles—as PC prices already sit more than 20% above year-ago levels.
Category: Tech
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Nvidia Closes In on a $12.9 Billion Hugging Face Deal
Nvidia is in advanced talks to acquire Hugging Face for $12.9 billion, a deal that would give the chip giant control over the open-source AI hub used by more than a million developers worldwide.
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OpenAI Pulls DALL-E GPT From ChatGPT on August 30 as gpt-image-1 Takes Over
OpenAI retires its ChatGPT-native DALL-E GPT on August 30, directing users to the gpt-image-1-powered ChatGPT Images available across all subscription tiers.
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Amazon Closes Mechanical Turk After 21 Years as AI Replaces Human Labelers
Amazon will shut down Mechanical Turk on September 30, ending the 21-year-old platform Jeff Bezos called ‘artificial artificial intelligence.’
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China’s Top Internet Regulator Issues 2026–2030 Plan to Push Firms to Build AI Chips
China’s Cyberspace Administration has issued a 21-measure sectoral plan for 2026–2030 directing informatization and cybersecurity companies to develop advanced AI chips, improve foundation models, and pursue AI agents and embodied intelligence.
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Broadcom Lines Up $60 Billion in Debt to Finance AI Infrastructure Boom
Broadcom is raising more than $60 billion in debt — potentially $100 billion including junior tranches — for AI infrastructure projects involving Anthropic, part of a broader shift from corporate balance sheets to capital markets for AI scale-out.
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Marvell Grants Google a $12.2 Billion Stake Option in Custom AI Chip Alliance
Marvell Technology issued Google warrants to buy 58.97 million shares at $206.58 each, tied to a chip partnership covering AI inference accelerators and networking components that could yield $120 billion through 2033.
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Nevada Clears 8,000 Robotaxis for Tesla, Waymo and Uber in Las Vegas
Nevada’s transportation authority voted unanimously on August 20 to allow Tesla, Waymo and Uber to deploy up to 8,000 fully driverless robotaxis across Clark County over the next twelve months.
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EU Delays High-Risk AI Compliance to December 2027 Under Digital Omnibus
The EU’s Digital Omnibus package, which entered into force July 27, pushed high-risk AI compliance obligations from August 2, 2026 to December 2, 2027, while transparency rules remained on the original schedule.
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Unitree Robotics Surges 460% in Shanghai Debut After $904 Million IPO
Chinese humanoid robot maker Unitree Robotics soared 460% in its Shanghai STAR Market debut on August 19, valuing the company at roughly $50 billion after a record-breaking IPO.