“A lot of checks” Business leaders who had high hopes for the second Trump administration hadn’t signed up for the turmoil of his trade war. President Trump’s deals-focused visit to Saudi Arabia is more of what they had in mind. Leaving aside questions of how many of the multibillion-dollar agreements …
A 90-day pause Stocks, the dollar and oil are soaring on Monday after President Trump’s top negotiators outlined the specifics of a major — though temporary — de-escalation in the U.S.-China trade fight. Expectations were sky-high for some kind of breakthrough. The market reaction suggests mission accomplished in terms of …
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies have been trying to win him over. Leaders of Nvidia, Facebook, Taiwan Semiconductor Manufacturing Company and Alphabet have visited his newly purchased $25 million property in Washington — a 16,250-square-foot …
President Trump has signaled that he will announce further tariffs this week on semiconductors as he moves forward with a trade investigation related to national security. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. The United States …
The canary in the coal mine CoreWeave just pulled off the first big initial public offering this year — and the results were far from heartening. The company, which rents computing power to the artificial intelligence industry, shrank its I.P.O. far below initial expectations before Friday’s anticipated trading debut. That’s …
In India’s most advanced cities, American companies are racing to set up more and bigger offshore campuses: fully staffed offices with high-skilled Indian professionals, performing functions vital to global business. The concentration is most stark in bits of Bengaluru. Apul Nahata of RapidAI, a Silicon Valley-based medical technology company that …
In 2009, when Nvidia held its first developer conference, the event was something of a science fair. Dozens of academics filled a San Jose, Calif., hotel decorated with white poster boards of computer research. Jensen Huang, the chipmaker’s chief executive, roamed the floor like a judge. This year, Nvidia’s developer …
Friday afternoon last week, Jensen Huang, the chief executive of the chipmaker Nvidia, slipped into the White House to meet President Trump for the first time. There was no fanfare, and he left without a single public photo taken of the two. Two weeks earlier, Microsoft’s chief executive, Satya Nadella, …
The United States has worked steadily over the past three years to limit China’s access to the cutting edge computer chips that power advanced artificial intelligence systems. Its aim has been to slow China’s progress in developing sophisticated A.I. models. Now a Chinese firm, DeepSeek, has created that very technology. …
The artificial intelligence breakthrough that is sending shock waves through stock markets, spooking Silicon Valley giants, and generating breathless takes about the end of America’s technological dominance arrived with an unassuming, wonky title: “Incentivizing Reasoning Capability in LLMs via Reinforcement Learning.” The 22-page paper, released last week by a scrappy …