Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
The tech industry has had an insatiable appetite for Nvidiaβs chips over the last two years. But the feast may be over sooner than many had expected.
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.
Jake Sullivan, the national security adviser, said in an interview that βweβve just stuck with our theory, which is managed competition.β Trump and Xi Jinping might have other plans.
New rules aim to keep advanced technology out of China and to ensure that cutting-edge artificial intelligence is developed by the United States and its allies.
Taiwan Semiconductor Manufacturing Company, a global tech giant, brought thousands of workers from Asia to the Phoenix suburbs for jobs at a plant that the Biden administration helped fund.
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.
Amazon, Advanced Micro Devices and several start-ups are beginning to offer credible alternatives to Nvidiaβs chips, especially for a phase of A.I. development known as βinferencing.β
Commerce Secretary Gina Raimondo came into the job focused on confronting the challenge of China by building upon the Trump administrationβs actions.
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