Government and policy

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Tencent leases 100,000 AI chips from Oracle in a $7bn deal, FT reports

Tencent has signed a five-year lease to use about 100,000 advanced AI chips from Oracle. People familiar with the matter told the Financial Times about the deal. The chips, which are not available in China, sit in several Oracle data centres in South-East Asia. The deal, signed this year, is worth about $7bn, and Tencent […]

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Nvidia’s Huang questioned Amodei’s AI warnings at White House, WSJ reports

Nvidia chief executive Jensen Huang and other tech leaders questioned Anthropic’s Dario Amodei about his public warnings on AI at Tuesday’s White House lunch. People familiar with the matter told The Wall Street Journal about the exchange. Amodei replied that it was important to be honest, according to the report. The exchange came just after […]

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EU set to name AWS and Azure DMA gatekeepers in November

The European Commission plans to name Amazon Web Services and Microsoft Azure as gatekeepers under the Digital Markets Act (DMA) in November, Bloomberg reported on Friday. Citing people familiar with the matter, it said regulators are finishing an investigation that will find both cloud services fall under the bloc’s Big Tech rules. The decision is still a […]

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Yann LeCun calls Anthropic’s Dario Amodei ‘deluded’, Fortune reports

Yann LeCun does not worry “at all” about AI wiping out humanity, and he has “zero concerns” about the recent run of rogue AI incidents. The Turing Award winner said so in an interview with Emily Forlini for Fortune. He also called Anthropic chief executive Dario Amodei “deluded” and, later in the interview, “crazy”. LeCun […]

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Newsom signs 13 AI bills, including a ban on AI-only firings

In California, an AI system will no longer be able to fire or discipline a worker on its own. Governor Gavin Newsom signed the No Robo Bosses Act on Wednesday, his office said. It was one of 13 AI bills he signed that day. The law, SB 947, bars employers from relying solely on an […]

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OpenAI says Trump’s AI accord needs more detail, Semafor reports

The AI industry’s new pact with Donald Trump is only a start, according to one of the firms that signed it. Ashley Gold reported the comments for Semafor. “Companies are going to have to make it more specific, on how they’re going to operationalize it,” said Chris Lehane, OpenAI’s chief global affairs officer. TNW is […]

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GM’s Q3 sales drop 5.5% as its electric models collapse and Toyota closes to within 136,000

GM’s third-quarter sales fell 5.5% and its electric models collapsed, with the Equinox EV down 92.4% to 1,905 cars after America ended its $7,500 purchase credit. Europe kept its mandates, where electric cars took 29% of new registrations in August and drivers pay about twice the American petrol price. GM sold 5.5% fewer vehicles last […]

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TSMC eyes a multibillion-dollar Texas campus for more AI chips

TSMC is weighing a new Texas campus of multiple fabs, each costing at least $20B, contingent on Congress extending a 35% manufacturing tax credit. Its only European plant, the Dresden joint venture, totals above EUR 10B and will run 28nm to 12nm nodes rather than anything used for AI. TSMC is eyeing a Texas campus […]

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Ford’s CEO says it is too late for Europe to fend off Chinese carmakers

Ford chief executive Jim Farley said it is too late for Europe to fend off Chinese carmakers and that the United States should take its time deciding. Ford’s own answer in Europe is a Valencia joint venture in which Geely holds 34% and will build two of the four electric models from 2028. Ford’s chief […]

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Trump tells TIME the US might take stakes in OpenAI and Anthropic

President Donald Trump has ruled out nationalising America’s leading AI labs. But the US might still take a stake in OpenAI and Anthropic, he told TIME in an interview published on Thursday. Eric Cortellessa and Sam Jacobs interviewed Trump at the White House on 28 September. TIME has published the full transcript, along with a […]

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