Innovation

Nvidia rallies, leading market, on resumed H20 AI chip exports to China

Shares in Nvidia rallied sharply Tuesday morning, helping boost the entire market, after the company said the U.S. government will again allow it to ship powerful AI chips to China. Why it matters: The export ban cost the company more than $10 billion in revenue, CEO Jensen Huang has said previously, so the reversal will

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Microsoft and OpenAI play high-stakes tug-of-war

Microsoft and OpenAI are engaged in tense negotiations that could unravel one of the most important alliances in AI and fundamentally reorder the industry. Microsoft and OpenAI are engaged in tense negotiations that could unravel one of the most important alliances in AI and fundamentally reorder the industry. Why it matters: Microsoft has injected billions

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