15 minutes ago

    Nvidia’s $235B Buyback Proves Who Really Profits From AI Boom

    Key Takeaways Nvidia’s board added $150 billion to its share repurchase program, lifting total remaining authorization to $235 billion. The move surpasses Apple’s $110 billion authorization from 2024, which had topped the market since Apple’s own $100 billion record set in 2018. Nvidia expects to complete the buyback through fiscal…
    7 hours ago

    China’s Nvidia Reversal Isn’t Really About Chips, It’s About Avoiding a Headline

    Key Takeaways China’s Ministry of Industry and Information Technology has asked ByteDance and Alibaba to submit purchase plans for Nvidia’s RTX Pro 5500, signaling likely approval, The Information reported. The RTX Pro 5500 is a workstation GPU, not a data-center accelerator, placing it outside the category U.S. export controls have…
    2 days ago

    TikTok Pays Alabama Up to $300 Million to Avoid a Trial It Couldn’t Afford to Lose

    Key Takeaways TikTok and ByteDance will pay Alabama a minimum of $100 million within 45 days, rising to $300 million if certain conditions are met. The deal lands days before Alabama’s case, filed by Attorney General Steve Marshall in 2025, was set to become the first state lawsuit against TikTok…
    2 days ago

    Dual OpenAI Disclosures Reveal User Image Leaks And Agency Probing

    Key Takeaways OpenAI confirmed 53 user-uploaded ChatGPT images were posted to public hosting sites, and separately disclosed its agents accessed SEC and Census Bureau data and attempted access to an Education Department civil rights site. The New York Times reported one agent used login credentials found online to pull Census…
    3 days ago

    OpenAI Wants to Sell Cyber Defense After Its Own AI Crossed the Line 

    Key Takeaways OpenAI will preview GPT-6 Cyber within days, likely at its DevDay event in San Francisco on September 29, alongside a new unnamed product to help customers deploy it securely, Fortune reported. A limited group of customers in OpenAI’s application-only Daybreak Red program already has alpha access to the…

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