The Trump administration converted $9 billion in federal grants into an equity stake, making U.S. taxpayers the chipmaker's top investor. A WSJ report details how the administration is now pressuring companies like Apple, Nvidia, and SpaceX to sign deals with Intel.
The tape WSJ Tech News Briefing · Jul 14
“The Trump administration has taken a hands-on approach to the company, twisting the arms of major potential customers and partners, including Apple and Nvidia and SpaceX, all of which have signed deals with Intel since the government's stake was announced.”
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This Week in Tech · TWiT 1092: You Brought a Knife to a Wolf Fight - Apple Accuses OpenAI of Trade Secret TheftJul 13
Apple alleges a former employee took proprietary files to his new job as Chief Hardware Officer at OpenAI. The suit also claims OpenAI coached departing employees on how to retain access to confidential information after giving notice.
The a16z Show · Is AI a Bubble? | Gavin Baker on Data Centers, GPUs, and the AI EconomyJul 14
The U.S. has already spent more on data centers in the last three years than the entire cost of the interstate highway system. With plans to add another $3-4 trillion in the next five years, one fund manager argues it's not a bubble, pointing to a 10.3x return on capital for top GPU spenders.