Taiwanese-American tech leader, AMD CEO since 2014
AMD has unveiled its Helios AI rack system at Advancing AI in San Francisco, promising higher throughput and lower cost per token. The system targets hyperscalers and data centers, with partnerships across Microsoft, Anthropic, OpenAI, and others. The move intensifies the race with Nvidia as AMD argues Helios delivers greater inference efficiency.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
Dissenting Fed officials have argued that inflation remains elevated and supply shocks persist, calling for a series of small rate increases to curb inflation. The majority maintains rates as the economy holds steady, with the coming months likely to test the hawks’ case.
Anthropic is hiring engineers to design custom chips for Claude and will co-design hardware and models while relying on external hardware partners to scale. Open questions remain about manufacturing partners and timeline as rivals move to in-house Silicon.
The Federal Reserve has kept the benchmark rate steady in a nine-to-three vote, amid persistent inflation above the 2% goal. Dissenters argue for earlier tightening, while others urge patience; investors await July inflation data to gauge the path for policy.
Tech giants push for multiple winners in AI infrastructure. SpaceX will exclusively use Nvidia GPUs; AMD touts open-source ROCm as a faster path to AI software, while investors weigh diversification against strong growth in AI compute. Nvidia remains a central player, with Nvidia-powered SpaceX contracts and AMD’s open strategy shaping near-term dynamics.
Leaders from tech giants including Nvidia, Apple, OpenAI and others have joined President Trump and Xi Jinping at a White House state dinner. The event comes as AI safety concerns rise, with executives split on how quickly to push frontier models and analysts urging caution while urging collaboration.
The upcoming US-China talks are focusing on artificial intelligence safety and governance as leaders consider dialogue mechanisms and potential safety standards, with a chorus of tech executives weighing in on how to pace AI development.
Anthropic's Dario Amodei will join President Trump for a private White House dinner, marking a rare one-on-one with the president as AI safety debates intensify. The gathering underscores a thaw in relations while policy disagreements over frontier AI persist.
The White House hosts leaders from major AI firms who sign a two-page accord urging internal monitoring and board oversight; Trump labels the effort morally binding while pushing plans for future regulation.
AMD has announced an all-stock acquisition of World Labs for about $8.2 billion. The deal will bring World Labs’ world models, including Marble and Atlas, under AMD’s umbrella, with Fei-Fei Li joining as executive vice president and chief scientist. The transaction is expected to close by year’s end subject to regulatory approvals.
Leaders of major tech firms have gathered to discuss AI safety and a voluntary industry accord. Trump has called the document morally binding and floated a watchful committee, while critics highlight a spelling error and questions about enforceability.
President Donald Trump has signed a voluntary accord with executives from OpenAI, Anthropic, Google, Meta, xAI and Nvidia committing companies to four layers of internal and external AI controls, including auditors and board oversight. The pact is non‑binding, leaves disclosure and enforcement to companies, and says the measures could later be codified into law.
Presidents has awarded the National Medal of Science and Technology to Elon Musk, Jensen Huang, Sergey Brin, Lisa Su, Michael Dell, and Satya Nadella, in a ceremony linked to the Science: A New Golden Age Summit. The White House frames the award as a boost to America’s leadership in science and tech amid ongoing AI policy discussions.
The administration has suspended the PERM visa program for major tech firms, including Microsoft and Adobe, amid a broader push to curb immigration while championing U.S. tech growth. Trump honors industry leaders with national medals, highlighting a tension between immigration policy and a tech-driven economy.