The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
The White House on Monday announced new restrictions on artificial intelligence exports that will impact companies including Nvidia.
Nvidia stock fell Monday after the White House announced new export restrictions on artificial intelligence processors.
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.
Nvidia blasted the Biden administration for implementing “misguided” rules limiting shipments of AI computer chips – and praised incoming President-elect Donald Trump – in a rare public broadside
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
The new president needs the tech industry more than it needs him.
Nvidia Corp. accuses the White House of rushing last-minute US chip export rules to damage Trump, criticizing the soon-expected new export restrictions for AI
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.