Apple signs $500 million deal with MP Materials for U.S. rare earth magnets
The agreement includes a $200 million prepayment and will supply magnets for Apple devices starting in 2027
Google signs record $3 billion hydropower deal for clean energy
The deal includes 20-year power purchase agreements worth $3 billion from two hydropower plants in Pennsylvania
Huawei returns to No. 1 in China with 12.5 million shipments in second quarter
Apple ranks fifth in China’s smartphone market and ships 9.6 million units in second quarter, down 1.3% from previous quarter’s 9% drop
SpaceX to launch Starlink services in Vietnam this year
SpaceX is currently working with Vietnam's Ministry of Finance to meet the requirements for establishing a wholly-owned local unit
Trump to unveil $70 billion in AI and energy investments
The investments come from various industries that include new data centers and power grid upgrades and expansions
Meta to spend hundreds of billions on AI data centers
Zuckerberg says the company’s advertising business provides the financial strength needed to support this investment
Pentagon awards $200 million AI contracts to OpenAI, Google, xAI, and Anthropic
AI adoption is changing the Defence Department’s ability to support operations and maintain its position globally, says Chief Digital and AI Officer
Bitcoin hits all-time high of $120,000 as US regulatory discussions loom
Bitcoin reaches a high of $123,153.22 on Monday before easing to around $122,000, up 2.4% on the day
America’s move to rebuild its manufacturing sector is the right strategy, says Nvidia’s CEO
Manufacturing offers stable careers and economic value beyond high academic degrees, says Huang
Google to expand AI Overview ads to Pakistan
The feature allows businesses to place ads directly within AI-generated summaries on Search, offering new ways to reach customers
Elon Musk says he does not support Tesla-xAI merger
The statement follows Musk’s comments a day earlier that Tesla shareholders may vote on whether the company should invest in xAI
Malaysia imposes trade permit rule on U.S.-made AI chip exports
Ministry saiysthe measure is meant to close regulatory gaps while officials review whether to add U.S.-made AI chips to the list
Meta shareholders seek $8 billion from Zuckerberg and board
Shareholders say Zuckerberg and others ignored the FTC deal and failed to protect user data, leading Meta to pay billions in fines
Spacex to invest $2 billion in xAI as part of $5 billion funding round
The funding follows xAI’s recent merger with social media platform X and values the combined company at $113 billion
Nvidia CEO schedules July 16 media briefing in Beijing
U.S. senators urge Nvidia CEO Jensen Huang to avoid meetings with Chinese firms linked to military or intelligence agencies