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Chelsea_Sun

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Trump Admin. Takes 10% Stakes in Intel In Exchange For $11.1 Billion CHIPS Act Funds

Trump Admin. Takes 10% Stakes in Intel In Exchange For $11.1 Billion CHIPS Act Funds The U.S. government will make an $8.9 billion investment in 433.3 million Intel common stock on top of the $2.2 billion in CHIPS Act grants Intel has received to date. It will have no board seat or other governance or information rights.

Canada to Roll Back Some Retaliatory Tariffs on U.S to Push for Further Trade Talks

Canada to Roll Back Some Retaliatory Tariffs on U.S to Push for Further Trade Talks The tariff adjustment means about $21.7 billion worth of U.S. goods a 25% levy starting on September 1, but the 25% retaliatory tariffs on U.S. steel and aluminum and duties on cars and trucks would remain in place.

DeepSeek Unveils V3.1

DeepSeek Unveils V3.1

Surge in U.S. Producer Prices Signals Broader Inflation

Surge in U.S. Producer Prices Signals Broader Inflation

OpenAI CEO Says ‘AGI’ Term Losing Relevance

OpenAI CEO Says ‘AGI’ Term Losing Relevance Altman acknowledged that GPT-5 cannot yet learn continuously on its own but still anticipated AI will achieve breakthroughs in areas such as mathematics and scientific discovery within the next two years.

White House Dismisses Reported Gold Tariffs, Blames Official for "Misinformation"

White House Dismisses Reported Gold Tariffs, Blames Official for "Misinformation"The U.S. Customs Border Protection earlier Friday was reported to responded to a Swiss refiner that 100oz and kilo bars fall under a customs code that is subject to 39% tariffs on Switzerland.

DeepSeek’s Parent Company Executive Caught in $160 Million Rebate Scandal With Top Broker

DeepSeek’s Parent Company Executive Caught in $160 Million Rebate Scandal With Top Broker

OpenAI Launches GPT-5, Its Most Advanced Model Yet

OpenAI Launches GPT-5, Its Most Advanced Model Yet “GPT-3 sort of felt like talking to a high school student,” Altman said during a recent press briefing. “GPT-4 felt like you’re talking to a college student. GPT-5 is the first time that it really feels like talking to a PhD-level expert.”

Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector

Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, companies are now racing to capture vertical markets such as finance, healthcare, and manufacturing.

Nvidia Denies Chinese Allegations of ‘Kill Switches’ in AI Chips Amid Rising Security Tensions

Nvidia Denies Chinese Allegations of ‘Kill Switches’ in AI Chips Amid Rising Security Tensions Cyber Administration of China has issued a statement saying that, in order to safeguard the cybersecurity and data security of Chinese users, the Cyberspace Administration of China (CAC) summoned NVIDIA on July 31. NVIDIA was required to provide an explanation regarding security risks related to vulnerabilities and backdoors in its H20 computing chips sold to China, and to submit relevant supporting documentation.

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