The U.S. is demanding a share of Korean chipmakers' profits from the AI chip boom, arguing that strong American demand contributed to their earnings. Deputy USTR Rick Switzer raised the issue with Kor…
Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in the U.S., bringing its total to $265 billion, driven by surging AI demand. The company posted a 77% net…
The US Department of Commerce confirmed a $100 billion investment by TSMC in Arizona, the largest foreign direct investment in US history, bringing the total to $165 billion for three new fabs, two pa…
The Commerce Department received only 78 applications for its American AI Exports Program, far below the hundreds expected, raising questions about the program's coordination, value, and timing. The p…
The Trump administration approved license-free access for the UAE to buy advanced US AI chips, a decision critics call a 'corrupt deal' after a UAE royal invested $500 million in a Trump family crypto…
The U.S. government forced Anthropic to shut down its Claude Fable 5 and Mythos 5 AI models worldwide for 18 days in June 2026, citing a single reported jailbreak that Anthropic argued other models co…
SK Hynix raised $26.5 billion in the largest foreign IPO in US history, with shares opening 14% above the offer price. The South Korean memory chip maker, a key supplier to Nvidia, plans to use the fu…
Commerce Secretary Howard Lutnick is pressuring Samsung Electronics and SK Hynix to build memory chip production facilities in the US or face 100% tariffs on chips sold into the American market. The p…
OpenAI released GPT-5.6 to the public after the Trump administration approved the model, ending weeks of restricted access. The model family includes three tiers, with the flagship Sol offering 54% gr…
OpenAI CEO Sam Altman announced the launch of GPT-5.6 Sol, Terra, and Luna, claiming the Sol model is 54% more token-efficient on agent-based coding tasks than other models. The launch is initially li…
OpenAI CEO Sam Altman said the company made 'many changes' during talks with the Trump administration before releasing its newest AI models to the public. The GPT-5.6 family was initially limited to s…
OpenAI staggered the release of GPT-5.6 after discussions with the Trump administration, limiting initial access to government-approved partners following a new executive order that established a 30-d…
OpenAI released GPT-5.6 Sol, along with Terra and Luna, after a limited launch. CEO Sam Altman told CNBC the model is 54% more token efficient on agentic coding tasks and performs as well or better th…
Three major AI trends are converging: rapid model improvements in the US and China, the US government moving toward stricter AI regulation, and both nations considering blocking access to their best A…
OpenAI has offered the US government a 5% equity stake valued at $42.6 billion, part of a broader regulatory framework proposed by CEO Sam Altman to preempt AI regulation. The move has already impacte…
Democratic lawmakers are investigating whether Commerce Secretary Howard Lutnick's family profited from a $1.6 billion federal investment in USA Rare Earth, a deal arranged by Cantor Fitzgerald, the f…
Anthropic's Fable 5 and Mythos 5 AI models are back online after a U.S. government export ban was lifted, but the lawsuit filed by customer Legion LegalTech Corp over the ban continues. The case chall…
The Trump administration lifted export controls on Anthropic's Mythos 5 and Fable 5 AI models two weeks after imposing them, restoring global access with a warning that controls could be reimposed. Me…
OpenAI has proposed giving the U.S. government a 5% stake worth about $42.6 billion, with CEO Sam Altman pitching the idea to President Trump and top officials. The plan aims to democratize AI's econo…
Commerce Secretary Howard Lutnick announced on Twitter/X that the Trump administration allowed Anthropic to release Claude Fable 5, highlighting that no other Trump administration officials use Truth …