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Grok for Government Announced as Elon Musk’s xAI Wins $200 Million US Defense Department Contract

Grok for Government, a new initiative by Elon Musk-owned xAI, was announced on Monday. The initiative will build “frontier artificial ...
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Micron Expects Hit on Revenue in Quarterly Results Amid Ban in China

US-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban ...
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WWDC 2025: Apple Faces AI, Regulatory Challenges As it Woos Developers at Annual Conference

Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on ...
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PM Modi, US President Biden Announce Plans for New Chip Plant in India

The US and India reached an agreement to work together on setting up a semiconductor fabrication plant in the South ...
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Trump Reverses ‘DeFi Broker Rule’ Introduced Under Biden: All Details

The Internal Revenue Service (IRS) will no longer require certain crypto platforms to report transaction data under President Donald Trump’s ...
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Meta Whistleblower to Tell Congress That Company Aided China in AI Race

Sarah Wynn-Williams, a Meta Platforms executive turned whistleblower, plans to testify before Congress that the social media giant threatened US ...
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Apple Supplier Luxshare Weighs Manufacturing in US to Tackle Tariffs

Apple supplier Luxshare is in talks with customers on ways to respond to US tariffs by shifting more production outside China, including the United States, ...
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US Department of Justice Reportedly Shuts National Cryptocurrency Enforcement Team

The US Department of Justice (DoJ) has disbanded the National Cryptocurrency Enforcement Team (NCET) that was established by former US ...
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Coinbase, Uniswap Officials to Join Crypto Task Force’s Roundtable on Trading Regulations

The US Securities and Exchange Commission (SEC) is overseeing the creation of crypto regulations as per President Donald Trump’s directives. ...
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US SEC Says Stablecoins Aren’t Securities That Require Registration

Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that ...
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