Nvidia stock set weekly gain
Nvidia has unveiled a commitment with Saudi Arabia’s new AI venture Humain — which is owned by Saudi Arabia’s $925 billion Public Investment Fund to supply it with several hundred thousand AI chips over the next five years. The news came amid a flurry of deals between Humain and US Big Tech firms and chipmakers,
Trump Want iPhone to be made in US not India
The reason tech companies including Apple don’t already manufacture devices in the US is that the cost of domestic manufacturing and labor in the US is currently still too high for them to consider abandoning their international supply chains. Tariffs might be pushing the price of goods up, but shifting production to the US is
Starlink Offers alternative toPositioning, Navigation, and Timing
SpaceX is advocating for Starlink to deliver positioning, navigation, and timing (PNT) services in addition to its existing broadband services, as per a report in Teslarati. This initiative aligns with the FCC’s efforts to explore alternative PNT technologies to enhance resilience and security, given the vulnerabilities of GPS to jamming and spoofing, which pose risks
Potential US semiconductor manufacturing boom Complicated by new tariffs
Although the U.S. is a major producer of certain types of semiconductor chips, the nation’s share of global chip production measured by volume and not dollar value fell from 37% in 1990 to just 10% in 2022, according to the Semiconductor Industry Association. As a result, the country relies heavily on imports from Taiwan and
YouTube annual Brandcast advertising event
YouTube is already an advertising behemoth, bringing in more ad dollars than most of its traditional media competitors combined, but it is clearly not resting on its laurels. The company celebrated its 20th anniversary earlier this year, and brought out some of its creators on stage that have broken through the pop culture zeitgeist to
USA and Saudi Arabia AI deals
The Trump team has worked out agreements for parties in Saudi Arabia to acquire tens of thousands of semiconductors from Nvidia and Advanced Micro Devices, while shipments to the United Arab Emirates could top a million accelerators — mostly for projects involving or owned by US companies. Such chips are used to develop and train
Trump Blocks China’s Middle East Ambitions via Gulf
Trump has established close ties with leaders from the Gulf states from his first presidency. His relationship with Crown Prince Mohammed bin Salman, the de facto Saudi ruler, has grown stronger in the past eight years. Trump praised Washington’s relationship with Riyadh. He described it as “stronger and more powerful than ever” during his speech
Mass ban Error on Pinterest
For weeks, Pinterest users have been reporting the mass bans in the comment sections of Pinterest’s social media posts, on the Pinterest subreddit, and elsewhere. Pinterest has now publicly apologized for the wave of moderation issues that have swept across the social network over the past few weeks, leading to account bans and Pin removals
Chinese e-commerce sites offer iPhone discounts
Apple has previously cut prices on its latest models to boost sales during the “618” festival,Chinese e-commerce platforms are offering discounts of up to 2,530 yuan ($351) on Apple’s latest iPhone 16 models, an effort to spur sales as first-quarter shipments by the U.S. tech giant fell further in its second-largest market.JD.com, is selling the
Microsoft hit by new legal claim
Microsoft is facing a multibillion-pound legal claim in the UK over alleged anticompetitive behavior, the claim accuses the company of abusing its market dominance to restrict competition between new and pre-owned software licenses, inflating prices for both. In the case of this particular lawsuit in the UK, the focus is on Microsoft Office and Windows