Latest updates, breaking news, and insights from the world of technology.
Amazon is joining Microsoft in supporting proposed US legislation that would further restrict Nvidia exports to China, deepening Washington’s efforts to prevent Beijing from acquiring high end artificial intelligence chips. The Wall Street Journal reported the development Thursday, citing people familiar with the matter, as debate intensifies over how far the United States should go … Read more
Blue Origin achieved a key milestone Thursday after landing the booster for its New Glenn launcher for the first time, marking a significant advancement in the company’s push to compete more directly in the reusable rocket sector dominated by SpaceX. The test, which featured the Blue Origin reusable rocket lifting off from Cape Canaveral and … Read more
Elon Musk’s artificial intelligence startup, xAI, has reportedly raised $15 billion in new funding, according to a CNBC report citing sources familiar with the matter. The infusion, which allegedly boosts the company’s valuation to $200 billion, underscores the accelerating race for capital in the AI sector. However, Musk quickly disputed the report. In a post … Read more
NEW YORK — Google has filed a lawsuit against what it alleges is a sprawling international network of text message scammers, signaling a major escalation in the tech industry’s battle against digital fraud. The lawsuit, filed Wednesday in the US District Court for the Southern District of New York, targets a group Google calls “Lighthouse,” … Read more
BEIJING — China is intensifying efforts to protect its technology industry from the growing impact of US chip restrictions, as the country faces worsening shortages of advanced semiconductors vital for artificial intelligence and high performance computing. According to people familiar with the matter, Beijing has started directing how the output of Semiconductor Manufacturing International Corp. … Read more
NEW YORK — Advanced Micro Devices Inc. (AMD) forecast Tuesday that its profit will more than triple by 2030, as the company expects explosive growth in the global data center chip market, projected to reach $1 trillion within the decade. At its first analyst day in three years, held in New York, AMD said it … Read more
SEOUL — South Korea’s Ministry of Land, Infrastructure and Transport said Tuesday it has once again delayed its decision on Google’s request to export detailed South Korean map data for use on overseas servers, citing incomplete documentation and unresolved security issues. The ministry’s National Geographic Information Institute (NGII) granted the U.S. technology giant 60 additional … Read more
Microsoft’s relationship with artificial intelligence firm OpenAI remains under increasing scrutiny as questions arise over transparency and governance. While the tech giant has disclosed that OpenAI qualifies as an “equity method investment” in its financial statements signifying significant influence investors and analysts say the disclosures fall short of fully explaining the depth and nature of … Read more
BEIJING — China has lifted export restrictions on computer chips essential for car manufacturing, a move that industry officials say could ease months of uncertainty for European automakers and signal a modest thaw in global trade tensions. The Chinese Commerce Ministry said Sunday it had granted exemptions for exports made by Chinese owned semiconductor firm … Read more
Beijing — China has temporarily suspended its ban on exports of gallium, germanium and antimony to the United States, marking a notable de-escalation in the countries’ yearlong trade restrictions over critical minerals used in semiconductors and defense technologies. The Ministry of Commerce announced Sunday that it would lift the restrictions on “dual use items” related … Read more