Global buyout funds exit China’s data centres with final $1B deal

The ceremony was scheduled. The CEOs were on the guest list. And then it wasn’t happening. On Thursday, US President Donald Trump scrapped a planned AI executive order, which had already been delayed multiple times, citing concerns that it might erode America’s competitive edge over China. “We’re leading China, we’re leading everybody, and I don’t […] The post Musk and Zuckerberg convinced Trump to scrap AI executive order appeared first on AI News.

AMD's reliance on China highlights the geopolitical risks and potential growth opportunities in the semiconductor industry amid export controls. The post AMD CEO Lisa Su says China still accounts for about 20% of revenue despite GPU export controls appeared first on Crypto Briefing.

SpaceX's commitment to fund its own power upgrades sets a precedent for tech giants, potentially reshaping corporate responsibility norms. The post SpaceX pledges to cover power grid upgrade costs for data centers appeared first on Crypto Briefing.

Coinbase Derivatives is bringing perpetual-style equity index futures to U.S. regulated markets on June 8, giving traders direct exposure to artificial intelligence (AI), Chinese equities, defense, and broad tech through four new thematic contracts. U.S. Traders Get Regulated Equity Perps From Coinbase Derivatives on June 8 The exchange announced the launch on Thursday. “We’re adding […]

Coinbase's thematic perpetual contracts could democratize access to diverse global sectors, enhancing market liquidity and trading flexibility. The post Coinbase launches thematic perpetual contracts for AI, China, and US security sectors appeared first on Crypto Briefing.

Taiwan's investigation highlights the growing geopolitical tensions and enforcement challenges in controlling advanced AI technology exports. The post Taiwan investigates three for alleged illegal export of AI servers to China appeared first on Crypto Briefing.

US export restrictions inadvertently bolstered Huawei's AI chip dominance, reshaping global tech dynamics and challenging Nvidia's market position. The post Nvidia CEO Jensen Huang acknowledges Huawei’s dominance in China’s AI chip market appeared first on Crypto Briefing.

Nvidia's retreat from China's AI chip market may spur innovation and investment in China's tech sector, altering global AI dynamics. The post Nvidia concedes China’s AI chip market to Huawei, says CEO Jensen Huang appeared first on Crypto Briefing.