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Americans Deserve a Dividend From AI Companies’ Riches

Suddenly everyone wants to hand the government a piece of AI. Sam Altman has discussed giving up a stake in OpenAI. Washington already owns 10% of Intel and has said it will take a cut of Nvidia’s China chip revenue. Sen. Bernie Sanders (I-Vt.) wants every major AI lab to put half of its stock into a new sovereign wealth fund. In soccer terms, these are shots on goal, but nobody is scoring. Every one of these proposals ends in the same place: equity parked with the government. The Treasury...

Google DeepMind’s Demis Hassabis Calls for New U.S.-Led AI Standards Body

The call to action comes amid uncertainty with the Trump administration’s approach to AI regulation.

New York Becomes First State to Enact Data Center Moratorium

The executive order signed by Gov. Kathy Hochul will last for one year.

DeepSeek Plots Another Funding Round, Weeks After Raising $7.4 Billion

The Chinese AI lab is embracing external money at a fast pace after seeing Mythos’ breakthroughs.

Chinese Humanoid Startup LimX Dynamics Closes Pre-IPO Funding at $2.2 Billion Valuation

The company has raised $400 million over the past six months as it eyes global expansion.

Smartphone Shipments Fall to Lowest Q2 Level in 13 Years

Counterpoint attributed the sales drop to rising prices for smartphones caused by higher memory chip costs, which flowed through to price rises for some models.

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Meta Doubles Louisiana Data Center Capacity

The project’s expansion highlights Meta’s increasing appetite to secure more compute capacity.

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Samsung Races to Add Chip Capacity, Moves Up Plant to 2029

Samsung accelerates a key factory by up to two years, part of a $1.35 trillion push into AI chips and memory in South Korea.

Shein Wins Chinese Regulatory Approval for Hong Kong IPO

The online fashion retailer first sought to list in New York and London but failed.

States led by California Nearing Suit to Block Paramount-Warner Deal

The effort comes as states step up their antitrust enforcement as the Trump Administration declines to block deals.

Vinod Khosla and Family Agree to Buy Seattle Seahawks for $9.6 Billion

The price would be a record for an NFL team.

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