Tag: Donald Trump

Nvidia reveals sales hit from US export curbs on China

Posted on   |  by Arsheeya Bajwa and Stephen Nellis
Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh US curbs on China exports took effect, but the same restrictions will slice off US$8 billion...

Musk’s DOGE expand Grok AI in US govt, raising concerns

Posted on   |  by Jeffrey Dastin and Alexandra Alper
Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the US federal government to analyse data, said three people familiar with the matter,...

Crypto investors pay US$148m for Trump meme coin dinner

Posted on   |  by Michelle Conlin and Lawrence Delevingne
Buyers of President Donald Trump’s meme coin converged from around the globe on Thursday for an exclusive dinner at his private country club, overlooking the Potomac River, just outside...

News Wrap: Tim Ayres is off to a running start

Posted on   |  by Justin Hendry
Just a week after his appointment as the new Minister for Industry and Innovation, Tim Ayres took to the stage this week to set out his agenda – and...

Trump scraps Biden-era plan to limit sale of personal data

Posted on   |  by Douglas Gillison
The US Consumer Financial Protection Bureau is scrapping a proposal issued under former President Joe Biden that would have sharply limited the sale of Americans’ private information by “data...

Trump to rescind and replace Biden-era AI chip export curbs

Posted on   |  by Karen Freifeld and Arsheeya Bajwa
US President Donald Trump’s administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated AI chips, a spokeswoman for the Department of Commerce said...

All Albanese’s innovation sweeteners from the election

Posted on   |  by Justin Hendry
With Anthony Albanese and Labor claiming a decisive victory at the weekend’s election, attention now turns to the second-term government’s ambitious agenda for the next three years. Buffeted by...