The Department of Justice (DOJ) and Google have concluded two weeks of hearings over how to address the tech giant’s illegal monopoly in the online advertising market, marking a major moment in one of the most significant antitrust battles in decades. The case, held in the U.S. District Court for the Eastern District of Virginia, follows an April ruling by Judge Leonie M. Brinkema that found Google had unlawfully monopolized publisher tools and ad transaction software.
Elon Musk’s artificial intelligence startup, xAI, has raised $20 billion in a major funding round led by chipmaking giant Nvidia, solidifying the company’s position as one of the fastest-growing players in the AI sector. The deal combines $7.5 billion in equity and up to $12.5 billion in debt through a special purpose vehicle (SPV) that will allow xAI to acquire and rent Nvidia processors for five years.
Security researchers from Mandiant and Google are investigating a new extortion campaign targeting corporate executives with claims that hackers stole data from Oracle’s E-Business Suite systems.
Mustafa Suleyman, the recently appointed CEO of Microsoft AI and co-founder of DeepMind and Inflection, has issued a stark warning against treating artificial intelligence like sentient beings. In a candid interview with Wired, Suleyman said giving AI any kind of legal or moral rights would be not only premature—but dangerous.
The Tennessee Valley Authority (TVA) and ENTRA1 Energy have signed a landmark agreement to develop a 6-gigawatt nuclear portfolio, the largest deployment of small modular reactors (SMRs) in American history. The deal, signed on September 2, will see six SMR plants built using NuScale Power technology across TVA’s seven-state service region.
Former Treasury Secretary Janet Yellen dismissed former President Donald Trump’s America First manufacturing agenda as a “pipe dream” during an interview on CNBC Monday. Her remarks come just days after Nvidia, a major U.S. tech firm, announced a $500 billion investment in American-based AI supercomputer manufacturing.
