| Reuters: |
Sources: Nvidia has approached TSMC to ramp up H200 chip production; Chinese companies have placed orders for 2M+ H200 chips for 2026, while Nvidia holds 700K — Nvidia (NVDA.O) is scrambling to meet strong demand for its H200 artificial intelligence chips from Chinese technology companies … | CNBC: |
Unsealed documents detail a US operation that stopped the alleged smuggling of $160M worth of Nvidia H100 and H200 GPUs to China between Oct. 2024 and May 2025 — On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world.| Wall Street Journal: |
How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees — The $2.5 billion deal could herald a new era for China-linked AI companies and U.S. investors — Workers at Butterfly Effect … | Biz Carson / Bloomberg: |
Thiel Capital opens an office in Miami, as Peter Thiel and others reportedly look to cut ties with California over a proposed ballot measure to tax billionaires — Peter Thiel's private investment firm opened an office in Miami's Wynwood neighborhood, expanding the billionaire's presence in Florida, Thiel Capital announced Wednesday.| Himanshi Akhand / Reuters: |
| Essi Lehto / Reuters: |
Finland seizes a ship suspected of damaging an undersea cable linking Helsinki and Estonia in the Gulf of Finland; Estonia says a second cable was also damaged — Finnish police on Wednesday seized a ship suspected of damaging an undersea telecoms cable running from Helsinki … | Wall Street Journal: |
OpenAI financial data: its stock-based pay averaged ~$1.5M per employee in 2025, ~7x Google pre-IPO and ~34x the average pay of other pre-IPO peers, per Equilar — The company's stock-based compensation in 2025 reached an average of $1.5 million per employee| Reuters: |
TSMC says the US government has granted the company an annual license to import US chip manufacturing equipment to its facilities in Nanjing, China — The U.S. government has granted an annual license to Taiwan Semiconductor Manufacturing (2330.TW) to import U.S. chip manufacturing equipment … | Jeff Horwitz / Reuters: |
Internal docs reveal Meta's tactics to fend off pressure to crack down on scammers, including efforts to make scam ads “not findable” for regulators and others — As regulators press Meta to crack down on rogue advertisers on Facebook and Instagram, the social media giant has drafted a “playbook” to stall them.| The Information: |
Sources: Uber is in talks to acquire the parking space reservation app SpotHero; the parking app was last valued at $290M — Uber has been in talks to acquire parking app SpotHero, a popular service that allows drivers to reserve parking spaces, according to people with knowledge of the discussions.| Alice French / Bloomberg: |
Japanese NAND flash memory maker Kioxia is up 500%+ in 2025 so far, outperforming all other MSCI World Index members, after its Tokyo IPO debut in December 2024 — Artificial intelligence's insatiable appetite for data storage has delivered Japanese memory chipmaker Kioxia Holdings Corp … | Emily Nicolle / Bloomberg: |
Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain — Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders.| Kate Clark / Wall Street Journal: |
Sources: bids for GroqCloud, Groq's AI inference platform, are expected to exceed $1B after Nvidia's $20B non-exclusive licensing agreement with Groq — The chipmaker's AI-inference agreement with startup Groq indicates growing competition for top talent and technology| Michael Acton / Financial Times: |
Trump Mobile delays plan to launch its gold-coloured smartphone, initially promised for August 2025, saying the recent US government shutdown delayed deliveries — Move marks latest setback for project that originally promised to sell a US-made device — Trump Mobile, the phone company launched …
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| SoftBank Group Corp.: |
| Vlad Savov / Bloomberg: |
| Zak Killian / Tom's Hardware: |