China

Big Tech

Apple Edges Closer to Dethroning Nvidia After $30B Broadcom Chips Deal

Photo via Tom Williams/CQ Roll Call/Newscom

Apple shares climbed nearly 1% on the news, bringing it closer to reclaiming the throne as the biggest US company by market cap.

2 min read

Photo via Fiat/Stellantis

Electric Vehicles

Want a Cheaper Ride? Fiat Introduces a Tiny $14,000 EV to US Drivers

The two-seat Fiat Topolino electric vehicle weighs just 1,073 pounds and is only about 8 feet long, with a max speed of 25 mph.

1 min read
Photo via Florian Gaertner/IMAGO/BMF/Newscom

Artificial Intelligence

OpenAI, Anthropic Speed Toward IPOs Amid Growing Scrutiny of Token Payments

Enterprise customers have begun to doubt the burdensome cost of pay-per-use token consumption and are looking to cheaper models.

2 min read
Photo via imageBROKER/Stefan Sutka/Newscom

Electric Vehicles

Tesla’s Delivery Rebound Fails to Crush Negative Narrative

Even with the big sales resurgence, Tesla likely won’t touch its annual deliveries peak set in 2023, when it sold 1.8 million cars.

2 min read

Artificial Intelligence

Anthropic Fights to Bring Most Powerful AI Models Back Online

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Cybersecurity experts are raising concerns that the shutdown of Anthropic’s models could open bigger holes in the US’s digital defenses.

2 min read

Semiconductors

AI Market Braces for Bellwether Nvidia Earnings Report

Photo via Jeanne Accorsini/SIPA/Newscom

The US did approve 10 Chinese firms as buyers for the H200, Nvidia’s second-most powerful AI chip, though no purchases have yet been made.

2 min read

Autos

GM Revels in Gas-Engine Renaissance While Detroit Loses Ground to Beijing

Photo via Michael Brochstein/Sipa USA/Newscom

The automaker posted first-quarter earnings before interest and taxes of $4.3 billion, easily beating analysts’ expectations.

2 min read

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