Government Stake in Intel According to Barron’s, “U.S. Takes 10% Stake in Intel. What to Know,” the U.S. will buy a roughly 9.9% passive equity stake funded by CHIPS grants and Secure Enclave awards; the move makes CHIPS a central policy tool and leaves Washington as a major shareholder in a strategic semiconductor firm. [Barron’s]…
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Tech News – 2025-08-13
Google Investment According to Reuters, “Google to spend $9 billion in Oklahoma to expand AI, cloud infrastructure”, the investment expands U.S. data‑center capacity and talent pipelines, accelerating national AI capacity and competition for cloud services; the central theme is AI. [Reuters] OpenAI Model Policy According to The Verge, “ChatGPT won’t remove old models without warning…
Tech News – 2025-08-11
Chip Export Deal According to Financial Times, “Trump to consider allowing Nvidia sales of advanced AI chips to China”, the White House approved terms that reportedly force Nvidia and AMD to remit a 15% REVENUE‑SHARE of China chip sales to the U.S. government for export licences, a move that markets hailed but critics warn could…
Tech News – 2025-08-10
Chip Diplomacy According to Reuters, “China wants US to relax AI chip-export controls for trade deal, FT reports”, Beijing is pressing to ease export-controls on high-bandwidth memory (HBM) chips ahead of a possible Trump‑Xi summit, a development that could recalibrate global AI supply chains and security calculations. [Reuters] Market Access Deal According to Reuters, “Nvidia,…
Tech News – 2025-08-08
OpenAI Launch The Guardian reports “OpenAI says latest ChatGPT upgrade is big step forward but still can’t do humans’ jobs” as OpenAI released GPT-5, a major model rollout with broad public access and scrutiny over accuracy. Source: [Guardian] Microsoft Integration Microsoft’s blog “Available today: GPT-5 in Microsoft 365 Copilot” says GPT-5 is rolling into enterprise…
Tech News – 2025-08-05
U.S. Urges Asia to Avoid European AI Regulations During a visit to South Korea, U.S. White House technology adviser Michael Kratsios urged Asian nations to reject the “European model of fear and over-regulation” of artificial intelligence (AI), referencing the EU’s stringent AI Act. He emphasized that Asian countries should adopt independent approaches to AI regulation…
Tech News – 2025-08-02
Tech Giants Reap AI Investments According to the Financial Times, “Investors glimpse pay-off for Big Tech’s mammoth spending on AI arms race,” highlighting that Microsoft, Alphabet, and Meta have collectively added over $350 billion in market value. This surge is attributed to advancements in artificial intelligence, with Microsoft reaching a $4 trillion valuation and Meta…
Tech News – 2025-08-01
Global Markets React to New U.S. Tariffs President Donald Trump’s recent imposition of tariffs up to 41% on imports from 68 countries has led to significant market volatility. According to the Associated Press, “The Latest: US stock market and global trade partners react to Trump’s new tariffs,” global markets have experienced notable declines, with Wall…
🚀 Figma’s IPO: A Historic Launch That Truly Soared
Figma debuted on the NYSE under the ticker symbol FIG, pricing its shares at $33—slightly above its revised $30–32 guide range. The offering raised about $1.2 billion in total, though only approximately $400–411 million went to the company itself—the remainder came from existing shareholders divesting their stakes. Figma’s valuation at IPO stood at $19.3 billion, nearly matching the…
Tech News – 2025-07-31
Microsoft Achieves Historic Market Milestone According to the Financial Times, “Microsoft hits $4tn market value as tech stocks rise to new highs,” marking a significant achievement in the company’s history. This surge reflects investor confidence in Microsoft’s strategic investments in artificial intelligence and cloud computing, positioning the company at the forefront of technological innovation. Debate…