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The AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make from sales of high-end AI chips to China in exchange for licenses to sell to those chips in the country, the…
Stanford University has confirmed its admissions policies for fall 2026 will continue considering legacy status, a decision that could influence access to one of Silicon Valley’s most important talent pipelines. Stanford is also ending its test-optional policy, requiring SAT or ACT scores for the first time since 2021. According to the Stanford Daily, the university…
OpenAI is poised to undercut rivals like Anthropic and Google in the race to see its AI tools integrated into federal agency workflows. The AI giant has reached an agreement with the U.S. General Services Administration (GSA), the government’s central purchasing arm, to offer ChatGPT Enterprise to participating federal agencies for just $1 per agency…
Apple plans to increase its commitment to U.S. manufacturing, according to a White House official cited and first reported by Reuters. The tech giant is set to announce Wednesday another $100 billion in spending to help boost production of its products here in the U.S., after previously committing to invest $500 billion in the country…
The European Union’s Artificial Intelligence Act, known as the EU AI Act, has been described by the European Commission as “the world’s first comprehensive AI law.” After years in the making, it is progressively becoming a part of reality for the 450 million people living in the 27 countries that comprise the EU. The EU…
The outcry after a recent marketplace crackdown on games with adult content, seemingly due to pressure from payment processors, prompted Mastercard to release a brief statement Friday pushing back against recent headlines. “Mastercard has not evaluated any game or required restrictions of any activity on game creator sites and platforms, contrary to media reports and…
A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma’s impressive first day of trading and argued the IPO is “a great reminder that letting startups grow into independently successful businesses, rather than be…
Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company’s earnings call with investors Thursday. Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple…
Google has proposed sweeping changes to its Play Store and advertising policies in India, aiming to allow more real-money gaming apps onto its platforms in a bid to settle an ongoing antitrust case with a local online gaming platform WinZO. On Wednesday, India’s competition watchdog issued a public notice (PDF) inviting comments on a “commitment…
The U.K. government is reportedly backing down from its earlier demand that Apple build a secret backdoor allowing its authorities access to customer data worldwide, following a harsh rebuke from the U.S. government. But one U.S. senator wants to know if other tech giants, like Google, have also received secret backdoor demands from the U.K….