Business

Amazon Cut-off More AWS Jobs Amid Push to Reshape Workforce for AI Era

July 21, 2025

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Amazon has confirmed another round of job cuts, this time affecting roles within its cloud computing arm, Amazon Web Services (AWS). “In light of a careful evaluation of our organizational priorities and strategic focus areas, we’ve made the tough decision to eliminate certain roles across select AWS teams,” a company spokesperson said. “We recognize the […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

How Huawei Rose from Telecom Player to China’s AI Powerhouse

July 21, 2025

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Despite years of U.S. restrictions, Huawei has transformed itself from a telecom hardware supplier into a leading force in China’s AI ecosystem. Once sidelined by trade bans, the Shenzhen-based company now competes head-on with global heavyweights—including Nvidia—by deploying cutting-edge semiconductors, industrial AI products, and full-stack infrastructure. Paul Triolo, the China lead at the DGA‑Albright Stonebridge […]

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Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

July 17, 2025

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Nvidia is aiming to introduce more advanced chips to China beyond its current H20 model, CEO Jensen Huang revealed during a press conference in Beijing. This strategic move follows the company’s decision earlier this week to restart sales of the H20 AI chip in the region— a product specifically designed to align with U.S. export […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

July 17, 2025

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In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

July 16, 2025

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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

July 16, 2025

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

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Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

July 16, 2025

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

July 14, 2025

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Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

July 14, 2025

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Google has made a major move in the escalating race for AI expertise by bringing on board Varun Mohan, co-founder and CEO of AI coding startup Windsurf. Alongside Mohan, several top-level research and development team members from Windsurf will also be joining Google. Rather than acquiring the startup, Google has secured a non-exclusive license to […]

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Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

July 14, 2025

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Bill Gates has spoken out strongly against recent U.S. cuts to global aid programs, calling the decision “devastating” but still reversible. The billionaire philanthropist and Microsoft co-founder urged policymakers to restore funding for critical international initiatives, warning that the consequences of inaction are already proving fatal. In a post on X (formerly Twitter), Gates responded […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions