Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center.
Read More Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
Tag: TECHNOLOGY
Trump threatens 25% tariff on Apple after company shifts iPhone manufacturing to India
President Donald Trump vowed to enact “at least” a 25% tariff on iPhones that are not manufactured and built in the United States — in a sharp warning to Apple CEO Tim Cook.
Read More Trump threatens 25% tariff on Apple after company shifts iPhone manufacturing to India
Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
U.S. restrictions on high-tech exports have seen Nvidia lose market share in China as it withdraws chips and designs inferior alternatives compliant with evolving U.S. policy.
Read More Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
The FTC lost an appeal on May 7 seeking to reverse a judge’s decision declining to block the deal, which closed in 2023.
Read More FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
Apple plans smart glasses launch in 2026, Bloomberg News reports
Apple plans to release smart glasses at the end of next year in the iPhone maker’s latest push to diversify its product lineup and boost demand for its AI devices.
Read More Apple plans smart glasses launch in 2026, Bloomberg News reports
US Senate votes to block California 2035 electric vehicle rules
The Senate voted to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states.
Read More US Senate votes to block California 2035 electric vehicle rules