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