Nvidia’s re-entry into the Chinese market with its H20 general processing units has triggered a fresh wave of national security scrutiny from Beijing, potentially delaying or disrupting the sale of hundreds of thousands of AI chips, as per a CNBC report.While the US-based chipmaker has received clearance from Washington to…

OpenAI is taking its AI infrastructure strategy global, with a major investment in Europe’s north. The firm, known for developing ChatGPT, will become the primary capacity buyer in a new Stargate-branded data centre planned for northern Norway.In partnership with British tech infrastructure firm Nscale and Norwegian energy giant Aker, the…

North America’s UAV (drone) market is undergoing a rapid transformation, fuelled by breakthroughs in AI, autonomous flight, and regulatory shifts aimed at reducing dependence on Chinese technology.In a bold move to rebuild the domestic drone sector, the US government is crafting an ambitious industrial policy—echoing the intent of the CHIPS…

Shell announced on Thursday that its second-quarter net profit fell by nearly a third. The decline in profit was primarily due to lower oil prices, weaker gas trading results, and losses from its chemicals operations caused by outages, Reuters said in a report. Despite these setbacks, the company’s profit still significantly exceeded…

Meta Platforms Inc. delivered robust second-quarter results late Wednesday, sending its stock up nearly 12% in early Thursday premarket trading.The Facebook and Instagram parent beat Wall Street estimates on both revenue and profit, underlining the strength of its core advertising business and growing investor confidence in its artificial intelligence strategy.Revenue…

Dow Futures are up about 90 points in early trading on Thursday, pointing to a rebound after yesterday’s pullback.Strong earnings from Microsoft and Meta are doing the heavy lifting, giving the market something to cheer about.The S&P and Nasdaq hit fresh records, so there’s some momentum, but the mood’s still…