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A coalition of technology companies, CEOs, and venture firms, including Microsoft and Nvidia, is urging Washington to embrace open-weight AI models.
Moonshot's Kimi model from China is considered to be roughly equivalent in capability to U.S. AI models.
There is concern that some Chinese AI models are built using unauthorized distillation of U.S. models, including Anthropic's Claude.
Intel delivered a stronger-than-expected forecast due to a surge in its server business driven by demand from AI data centers.
Intel is expected to continue losing market share to AMD and ARM, as well as to hyperscalers' in-house designs and Nvidia's Grace and Vera products.
Intel has a target of achieving $15 billion in external foundry revenues by 2030.
Intel's Data Center and AI (DCI) business is growing at a rate of nearly 60%.
BlackRock is marketing $12.3 billion of high-grade bonds to finance a data center project for Meta.
SpaceX is turning away potential Falcon 9 customers for launches beyond 2028 as it shifts resources to its next-generation Starship rocket.
AMD is partnering with Cerebras Systems on a new server that combines AMD's Helios servers for prompt processing and Cerebras's servers for answer generation.
Intel's foundry EBIT margins increased by 9 points sequentially.
Intel will likely continue to have structural cost disadvantages and lower gross margins compared to TSMC, even if its manufacturing fully recovers by 2030.