Business & Economy3 stories

AI Industry Moves

Nvidia to restart AI chip sales to China; Meta to invest hundreds of billions in AI data centers; Musk’s Grok signs $200m deal.

📰 Coverage & Analysis

Nvidia says it will restart AI chip sales to China

Analysis: Nvidia has announced plans to resume sales of its high-end artificial intelligence (AI) chips to China, following assurances from the US government regarding export licenses. This decision reverses a ban imposed in April by the Trump administration.

Capital Business•1mo ago

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Meta to spend hundreds of billions to build AI data centres

Analysis: Meta, led by founder Mark Zuckerberg, plans to invest hundreds of billions of dollars in building large AI data centres across the US, with the first, named Prometheus, set to operate by 2026.

Capital Business•1mo ago

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Musk’s Grok signs $200m deal with Pentagon days after antisemitism row

Analysis: The Pentagon has signed a $200 million contract with Elon Musk’s company, xAI, to use the Grok AI chatbot as part of its expanding AI toolkit for government applications, despite a recent controversy involving antisemitic content.

Capital Business•1mo ago

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The Online Kenyan

The Online Kenyan

AI Industry Moves

📰 Coverage & Analysis

Nvidia says it will restart AI chip sales to China

Meta to spend hundreds of billions to build AI data centres

Musk’s Grok signs $200m deal with Pentagon days after antisemitism row