TECH

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Nvidia and AMD have agreed to hand over 15% of their revenue from certain chip sales to China to the U.S. government, in a first-of-its-kind arrangement that allows the companies to resume exports of advanced semiconductors to the Chinese market.

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Building a bigger AI future requires bigger investments, and Meta is prepared to spend big. Meta reported on Wednesday that capital expenditures for 2025 are expected to total between $66 and $72 billion. A significant portion of this money, approximately $30 billion, will be directed into growing the company’s AI infrastructure, including building new data centers and purchasing cutting-edge servers.

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Intel's recent leadership shakeup has turned political, with President Donald Trump calling for CEO Lip-Bu Tan's immediate resignation over reported financial ties to China-linked tech firms. The rare presidential intervention triggered a 3% drop in Intel's share price, highlighting deepening scrutiny over foreign investment links in sensitive industries.

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OpenAI has revealed plans for its first European data hub, a billion-dollar AI facility, set to rise in Norway. The site, named Stargate Norway, is supported by equal investments from infrastructure partners Aker ASA and Nscale Global. Located near Narvik, the center will run entirely on local hydropower, a move that highlights OpenAI's shift toward sustainable, high-performance infrastructure. The company confirmed it will be the site's first anchor customer.

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WhatsApp has taken down over 6.8 million accounts in the first half of this year as part of its efforts to combat widespread scam activity targeting users around the world, parent company Meta has said. Meta stated that many of the removed accounts were connected to organized crime networks operating scam centers in South East Asia, where forced labor is often used.

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Palantir, an American data analysis and artificial intelligence company, has risen to prominence in Silicon Valley with its openly "America-first" ethos, a philosophy that some find controversial but that aligns with the direction of the tech industry under President Trump. The company's clients range from banks and hospitals to the US government and the Israeli military.

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Nvidia has issued a stark warning following revelations that over $1 billion worth of its advanced AI chips have entered China through unauthorized channels.