world
U.S. uncovers scheme to reroute Nvidia GPUs worth $160 million to China despite export bans
Authorities have shut down yet another China-linked smuggling network for Nvidia’s AI chips, according to a release from a U.S. Attorneys office. Source link
Google hit with EU antitrust investigation over use of online content for AI
It’s the latest in a string of actions the European Commission has taken against U.S. big tech companies. Source link
European markets set for soft open as investors await Fed decision
European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve’s monetary policy update. Source link
Saudi Arabia eyes data embassies amid sovereign AI push. Here's what we know so far
Only two data embassies currently exist, but Saudi Arabia is looking to make them commonplace. Source link
Trump's pivot on Nvidia chips gives China a leg up over the U.S. in AI race, analysts say
In the hours after U.S. President Donald Trump said Nvidia can sell a more advanced chip to China, several analysts said the move would give Beijing Source link
Tata, Intel deepen India semiconductor push with pact on chip supply chain and AI PCs
Tata Electronic has secured Intel as a prospective customer, as it aims to bolster India’s domestic electronics and semiconductor supply chain. Source link
Trump ban on wind power projects overturned by federal judge
Seventeen states led by New York Attorney General Letitia James sued Trump in May to overturn the president’s ban. Source link
CNBC Daily Open: Investors are loving the Paramount-Warner Bros-Netflix drama
Even as Paramount and Warner Brothers shares soared, the broader market declined as investors awaited the Fed’s rate-setting meeting on Wednesday. Source link
Asia-Pacific markets trade mixed following Wall Street losses ahead of Fed rate decision
The U.S. Federal Reserve starts its meeting Dec. 9 stateside, with the decision expected on Dec. 10. Source link
Trump greenlights Nvidia H200 AI chip sales to China if U.S. gets 25% cut, says Xi responded positively
Nvidia and chip rival Advanced Micro Devices agreed over the summer to share 15% of the revenue from China chip sales with the U.S. government. Source link