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Nvidia just got shut out of the Chinese market — this time by the Chinese government instead of the US. China’s internet regulator, the Cyberspace Administration of China, banned domestic tech companies from buying Nvidia AI chips on Wednesday, as first reported by the Financial Times. The agency also told tech companies including ByteDance and Alibaba to stop testing and ordering Nvidia’s RTX Pro 6000D server, a device designed specifically for the market in China. Beijing had previously discouraged companies from buying these chips in late August, instead promoting alternatives from local manufacturers. This ban will deliver quite a blow to China’s tech ecosystem. While companies like Huawei…
In brief Nvidia invested $5 billion in Intel and agreed to co-develop custom chips for PCs and data centers. Jensen Huang framed the deal as coupling Nvidia’s accelerated computing with Intel’s x86 platforms. The move followed reports that China banned local tech firms from buying Nvidia AI chips. Nvidia announced Thursday it would invest $5...
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Google Cloud announced Thursday it has added fast-rising AI coding startups Lovable and Windsurf to its roster of customers. Both companies have chosen Google Cloud as their primary cloud computing provider, the latest sign of Google’s rising prominence against larger rivals AWS and Microsoft Azure. The deals also highlight Google’s efforts to make its cloud business more central to the company’s future. Today, Google Cloud is overshadowed by larger competitors like AWS and Microsoft, as well as Google’s much larger advertising business. But it is seeing upwards momentum. Google Cloud is one of the company’s fastest-growing business lines. On its…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. An XRP/BTC long-term chart shared by pseudonymous market technician Dr Cat (@DoctorCatX) points to a delayed—but potentially explosive—upswing for XRP versus Bitcoin, with the analyst arguing that “the next monster leg up” cannot begin before early 2026 if key Ichimoku conditions are to be satisfied on…
Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia. At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link up to 15,000 graphics cards, including Huawei’s Ascend AI chips, together to increase compute power. This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips. Technology like this is critical for Huawei to better compete with semiconductors like Nvidia’s. While Huawei’s AI chips are less powerful than Nvidia’s, being able to cluster them together will give its users access to more compute power, which is needed for training and scaling AI systems. This news also comes just a day after China banned domestic tech companies from buying Nvidia’s hardware, including Nvidia’s RTX Pro…
In brief LayerZero extended PYUSD’s presence to nine additional blockchains. PYUSD0 tokens represent a bridged version of PayPal’s stablecoin. The stablecoin had a market capitalization of $1.3 billion on Thursday. PayPal’s PYUSD stablecoin expanded to nine new blockchains on Thursday after LayerZero, an interoperability protocol, unveiled additional support for the token in a blog post.The...
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The market has been gaining momentum in recent weeks, with industry leaders suggesting that the Bitcoin price is only at the beginning of its next major rally. As the digital asset shows resilience against broader market volatility, Adam Back, the co-founder and Chief Executive Officer of Blockstream, a blockchain technology company, has made a bold prediction that Bitcoin at $100,000 is still cheap. The crypto founder believes the flagship cryptocurrency holds far greater potential, predicting its real peak value for this cycle. Why Bitcoin Price At $100,000 Is Still Cheap Back, a long-time advocate of Bitcoin, recently emphasized that the…
In brief Kalshi reached $1 billion in monthly volume and now dominates 62% of the global prediction market industry, surpassing Polymarket’s 37% share. Four states including Massachusetts have filed lawsuits claiming Kalshi operates as an unlicensed sportsbook, with Massachusetts seeking to permanently bar the platform. Kalshi operates under federal CFTC regulation as a designated contract...
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If you can’t resist the urge to check your phone over and over, even if you’re out with friends, Meta has a solution: check your glasses instead. “The promise of glasses is to preserve this sense of presence that you have with other people,” said CEO Mark Zuckerberg at the Meta Connect 2025 keynote. “I think that we’ve lost it a little bit with phones, and we have the opportunity to get it back with glasses.” In reality, Meta wants its own hardware to eat into the marketshare of Apple and Google so that it doesn’t have to keep siphoning…
A GOP-led House committee held a hearing on Thursday focused on Chinese criminal organizations behind large-scale illicit marijuana grows, taking testimony from a group of law enforcement officials and a researcher who each attempted to link the issue to state-level legalization. But one Democratic lawmaker took the opportunity to make the case for cannabis rescheduling...
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