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08 May 2025

Trump Administration Rescinds Biden's AI Chip Export Restrictions, Promises Simpler Rules

The Trump administration has officially rescinded the Biden-era AI Diffusion Rule, which was set to impose restrictions on AI chip exports. A new, simpler approach focusing on bilateral negotiations is promised, potentially reshaping the global AI chip market.

31 Sources

Stripe Unveils AI Foundation Model for Payments and Expands into Stablecoins

Stripe announces major product launches including an AI foundation model for payments, stablecoin-powered accounts, and a new Orchestration offering, along with a deeper partnership with Nvidia.

7 Sources

Trump Administration Plans to Ease AI Chip Export Restrictions, Boosting Semiconductor Stocks

The Trump administration's plan to roll back Biden-era AI chip export curbs has led to a surge in semiconductor stocks, particularly NVIDIA and AMD. This move aims to simplify export rules while maintaining restrictions on China-bound chips.

5 Sources

Figma Unveils AI-Powered Tools for Web Design, Prototyping, and Marketing

Figma introduces a suite of AI-powered tools including Figma Sites, Figma Make, Figma Buzz, and Figma Draw, aiming to streamline the design process from ideation to production.

12 Sources

Google's Search Dominance Threatened as Apple Explores AI Alternatives

Alphabet's stock plummets following Apple executive's testimony about declining Google search traffic and potential AI integration in Safari, raising concerns about the future of Google's search business.

30 Sources

ServiceNow Unveils AI Agents for Security and IT Operations, Advancing Autonomous Enterprise Defense

ServiceNow introduces AI-powered agents for security, risk management, and IT operations, aiming to accelerate autonomous enterprise defense and streamline business processes.

4 Sources

ServiceNow Acquires Data.World to Enhance AI-Ready Data Infrastructure

ServiceNow has acquired Data.World, a cloud-native data catalog and governance platform, to strengthen its AI capabilities and help customers make their data "AI-ready". This move follows ServiceNow's recent acquisition of Moveworks and aligns with their strategy to embrace agentic AI.

3 Sources

Google Partners with Elementl Power to Develop Advanced Nuclear Energy Sites Amid Growing AI Power Demands

Google signs a strategic agreement with Elementl Power to support the early development of three potential advanced nuclear reactor sites in the US, each targeting at least 600 megawatts of capacity, as part of its efforts to meet the increasing energy demands of AI technology.

9 Sources

Digital Clones and AI-Generated Models Revolutionize Fashion Advertising

AI-powered digital clones and virtual models are transforming the fashion industry, offering cost-effective and versatile marketing solutions while raising ethical concerns about authenticity and human displacement.

2 Sources

Apple Executive Predicts AI Could Replace iPhones Within a Decade

Apple's SVP of Services, Eddy Cue, suggests that advancements in AI technology could make iPhones obsolete within 10 years, signaling a potential shift in the tech landscape.

12 Sources

Marvell Technology Postpones Investor Day, Narrows Guidance Amid Economic Uncertainty and AI Focus

Marvell Technology delays its Investor Day to 2026, narrows revenue guidance, and plans a webinar on AI infrastructure amid macroeconomic concerns, causing a significant drop in stock price.

2 Sources

Mistral AI Launches Corporate Chatbot, Triples Revenue in 100 Days

French AI startup Mistral AI introduces Le Chat for enterprise use, reports significant revenue growth, and emphasizes its independence from U.S. cloud providers.

3 Sources

Arista Networks: Wall Street's Under-the-Radar AI Play Faces Tariff Headwinds

Arista Networks, a cloud computing company, beats earnings expectations but faces stock decline due to tariff concerns. Wall Street analysts remain bullish on its AI potential despite lowering price targets.

2 Sources

Mistral AI Unveils Medium 3 Model: High Performance at Lower Cost

Mistral AI launches Medium 3, a new AI model claiming superior performance at a fraction of competitors' costs, alongside Le Chat Enterprise for business applications.

7 Sources

Apple Explores AI Search Integration in Safari, Challenging Google's Dominance

Apple's senior executive Eddy Cue reveals plans to integrate AI-powered search engines into Safari, potentially disrupting the longstanding partnership with Google and reshaping the search landscape.

49 Sources

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