TECH

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Nvidia, the undisputed king of artificial intelligence chips, has been thrown into the crossfire of the intensifying U.S.–China tech war—and the blow is a costly one. The company announced it will take a staggering $5.5 billion financial hit following fresh U.S. export restrictions that now block its H20 AI chips from reaching China. The ban, which comes amid heightened efforts by Washington to restrict Chinese access to advanced American tech, triggered a nearly 7% tumble in Nvidia's stock on Wednesday.

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OpenAI’s latest image model, GPT-4o, has reignited the debate over copyright and artificial intelligence by allowing users to generate images in the unmistakable styles of studios like Studio Ghibli, Pixar, and even Lego. While this isn’t a new capability in the world of AI, the model’s accuracy, accessibility, and reduced moderation are turning legal speculation into an imminent threat.

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The legal battle between OpenAI and Elon Musk has intensified, with the AI giant filing counterclaims accusing its former co-founder of waging a "relentless campaign" to damage the organization after it achieved success independently of him.

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YouTube demonetized two big channels, Screen Culture and KH Studio, that specialize in creating AI-generated fake movie trailers imitating official promotional videos. This comes after there was backlash against their practice of creating deceptive videos that have received millions of views.

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Alibaba's Hong Kong-listed shares jumped 8% on Thursday after the Chinese tech giant unveiled its latest AI reasoning model, claiming it outperforms competitors like OpenAI and DeepSeek. The news also helped boost the Hang Seng's China Enterprises Index.