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On September 5, 2025, the European Commission fined Google €2.95 billion ($3.5 billion) for abusing its dominant position in the online advertising technology market by favoring its own services over rivals. The Commission ordered Google to end self-preferencing practices and submit a compliance plan within 60 days. Google vowed to appeal, while US President Trump condemned the fine and threatened retaliation.
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Recent US labor data shows a slowdown in job creation, with August adding only 80,000 jobs. Unemployment remains low at 4.2%, but signs of a cooling labor market are evident. Political interference and policy uncertainty are contributing to hiring hesitations, raising questions about economic resilience. Today's date & time: Thu, 11 Sep 2025 20:45:11 +0100.
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US technology companies, including OpenAI, Nvidia, and CoreWeave, plan to announce billions of dollars in UK investments during President Trump's visit. The focus is on expanding AI infrastructure and data centres amid regulatory pressures and government initiatives to support AI growth zones.
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As of September 22, 2025, Nvidia has announced a $5 billion investment in Intel and a strategic partnership to develop AI data center and PC products. This follows China's ban on domestic firms purchasing Nvidia's AI chips, including the RTX Pro 6000D, amid ongoing US-China trade tensions. Nvidia CEO Jensen Huang expressed disappointment but remains supportive of both governments.
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Nvidia plans to invest $100 billion in OpenAI to build AI data centers with at least 10 gigawatts of power, aiming to accelerate AI development. The deal highlights ongoing challenges in securing sufficient electricity for data center expansion amid strained US power grids.
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Alibaba and Nvidia announced significant increases in AI investments, with Alibaba aiming to become a full-stack AI service provider and Nvidia investing $100 billion into OpenAI. These moves reflect a global race for AI dominance, with both companies projecting trillions in future spending and technological breakthroughs.
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As of October 2025, OpenAI's valuation surged to $500 billion following a $6.6 billion secondary share sale by current and former employees to investors including SoftBank, Thrive Capital, and MGX. Despite not yet turning a profit, OpenAI has secured massive AI infrastructure deals with Oracle, Nvidia, and AMD, fueling rapid growth and complex partnerships across Silicon Valley's AI ecosystem.
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Chinese firms are making progress in developing domestic semiconductor manufacturing tools amid US export restrictions. AMIES and SiCarrier showcased new lithography, inspection, and design software at recent expos, highlighting efforts to boost self-reliance in chip production. US-China tensions continue to influence the industry landscape.
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Leading companies including Microsoft, JPMorgan, Walmart, and Goldman Sachs are rapidly expanding their AI initiatives. They focus on in-house model development, workforce training, and integrating AI into operations, amid ongoing debates about job impacts and strategic advantages. The story highlights recent investments, partnerships, and workforce transformations as of November 2025.
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U.S. lawmakers are urging the Supreme Court to allow a lawsuit against Cisco over alleged complicity in China's human rights abuses. Despite bipartisan efforts, U.S. policies have historically enabled tech sales to Chinese surveillance agencies, raising concerns about profit-driven complicity and national security.
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The US is increasing investments in rare earth mineral companies amid ongoing tensions with China over export restrictions. Central Asian nations are key to diversifying supply chains, with recent diplomatic efforts highlighting US interest in regional cooperation and resource development. President Trump’s administration emphasizes strengthening critical mineral and military capabilities.
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Economists warn of five key risks for 2026, including US growth, global manufacturing, political influence on the Fed, AI bubble burst, and rising debt issuance, amid ongoing economic uncertainty and shifting market dynamics.