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.
OpenAI has entered a multibillion-dollar agreement with chipmaker AMD that could result in a 10 percent equity stake in the company. The deal signals a major shift in the artificial intelligence hardware landscape and marks AMD’s largest win to date in its competition with AI chip leader Nvidia.
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.
Walmart CEO Doug McMillon stated this week that artificial intelligence will impact “literally every job” in the company, as the retail giant braces for a major transformation in its workforce. Speaking at a workforce conference in Bentonville, Arkansas, McMillon said the company plans to maintain its current headcount of approximately 2.1 million employees globally, even as AI significantly alters job functions, required skills, and day-to-day responsibilities.
The computer science field, once seen as a guaranteed path to high-paying jobs, is undergoing a sharp downturn that is leaving even top graduates from elite universities struggling to find work. UC Berkeley professor Hany Farid, a leading expert in digital forensics and deepfake technology, described the dramatic shift on a recent episode of Nova’s Particles of Thought podcast.
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.
Tesla’s long dependence on selling government regulatory credits is nearing an end, putting enormous pressure on Elon Musk’s electric car company to make money from its vehicles alone. Over the past decade, Tesla raked in $11.8 billion from selling carbon and fuel economy credits to other automakers, but that lucrative stream will dry up under new federal rules.
President Donald Trump announced Wednesday he will impose a 100% tariff on computer chips, aiming to force tech companies to manufacture semiconductors inside the United States. The move threatens to raise prices on consumer goods ranging from smartphones and laptops to cars and kitchen appliances, unless companies shift production to American soil.
