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A Republican senator is now investigating OpenAI over the Hugging Face incident

Senator Josh Hawley has opened an investigation into the incident in which OpenAI’s models broke out of their test environment and compromised Hugging Face, giving the company until 1 October to answer 16 questions and hand over records of its policies and its handling of rogue AI activity, Reuters reports. Josh Hawley, who leads a […]

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China rejects the US distillation advisory as unfounded accusations and smears

China’s foreign ministry has rejected the joint US intelligence advisory accusing Chinese developers of extracting capabilities from American frontier models at industrial scale, calling on Washington to stop making unfounded accusations and smears. Mao Ning, a ministry spokesperson, said China’s AI development is the result of high-level technological self-reliance and strength, according to accounts of her remarks. […]

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Huawei’s US racketeering trial opens with prosecutors calling it a criminal enterprise

The United States opened its criminal case against Huawei in Brooklyn federal court on Wednesday, with a prosecutor describing two decades of conduct by the world’s largest telecoms equipment maker as theft, lies and cover-up. “Theft, lies, cover-up. For 20 years, that’s how Huawei victimized American companies,” said Taylor Stout, a Justice Department trial attorney, according […]

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The Justice Department is investigating whether Nvidia structured its Groq deal to avoid antitrust review

The US Justice Department is examining whether Nvidia deliberately structured its licensing deal with inference chip designer Groq in a way that avoided antitrust review, according to a New York Times report. The Justice Department opened its inquiry shortly after the deal was announced in December and has since sent Nvidia a formal request for […]

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The average American PC now costs more than $1,000

The average PC sold in the United States now costs more than $1,000. That has never happened before. Average sell-in prices crossed the line in the second quarter, up 12.0% year on year, according to Omdia. US shipments grew 1.0% in the quarter to 18.8 million units, after falling 7.0% in the first. Omdia expects […]

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Covenant leaves stealth with Anthem and factories in three countries

A defence company nobody had heard of on Tuesday opened a 105,000 square foot missile factory in Texas on Wednesday. Covenant came out of stealth this morning. It announced Anthem, a long-range weapon system it says is designed for production in the thousands, along with more than $250m raised across three rounds and roughly $150m […]

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White House warns Australia over social media algorithm rules carrying A$109M fines

The White House has warned Australia over draft laws that would force social media platforms to offer users a feed not built by an algorithm, placing the bill in the same category as digital services taxes and describing penalties on American technology companies as a form of extortion. The Trump administration intends to raise the […]

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Amkor is taking its Arizona chip packaging campus to $12bn

Amkor is roughly tripling the size of the chip packaging campus it is building in Arizona. The company announced phase 2 on Tuesday. It adds 60,000 square metres of cleanroom to the 33,000 already planned, taking the site to about 93,000 square metres, and lifts the total planned investment to approximately $12bn. Construction starts in […]

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Chime is paying $590m for its own sponsor bank

Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned subsidiary. Closing should follow in the first half of 2027. […]

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Waymo robotaxis go live on the Lyft app in Nashville

Waymo’s driverless cars can now be booked through the Lyft app in Nashville, making it the first market where the same autonomous fleet is available through two competing rideshare platforms. The service covers central Nashville, including Downtown and Broadway, North Nashville and Germantown, East Nashville, Midtown and South Nashville. Riders can choose Standard, Priority Pickup, […]

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