Two Americans and two Chinese nationals have been arrested and charged after being accused of exporting Nvidia AI chips to the People’s Republic of China (PRC), violating sensitive export controls and threatening national security.
Read More 2 U.S. citizens and 2 Chinese nationals accused of illegally exporting highly advanced Nvidia AI chips to China
Employers added a surprisingly solid 119,000 jobs in September, issuing a key economic report that had been delayed seven weeks by the federal government shutdown.
Read More Wall Street shoots toward its best day since May on Nvidia’s profit report and hopes for lower rates
The S&P 500 added 0.1% in morning trading and remains near its all-time high set a couple weeks ago.
Read More US stocks are drifting around their records as AMD rallies
Uber said Wednesday that the San Francisco Bay Area will be the first market for its specially built autonomous taxi, which is expected to launch in late 2026.
Read More Uber plans to offer autonomous taxi rides in San Francisco starting next year
The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer.
Read More The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
The purchase from Australian Macquarie Asset Management is the first deal for the AI Infrastructure Partnership which also includes Abu Dhabi-based fund MGX and Elon Musk’s startup xAI.
Read More BlackRock, Nvidia-backed group strikes $40 billion AI data center deal