Trump administration

2026-10-30

MONEY · 1 SOURCE · TechCrunch AI

Intel shares plunge 28% after weak Q4 outlook, shaving $12B off US government's stake

Intel's stock fell about 28% after the company gave a weak Q4 outlook (revenue $15–16B vs. ~ $17B expected), warned gross margin would drop to ~37% from 43%, and said heavy investments mean no positive cash flow; the decline trimmed roughly $12 billion from the value of the US government's roughly 10% stake. Intel said data-center revenue rose 78% year-over-year, but capacity constraints at its fabs (one Arizona fab online, next not expected until 2028) and AI-driven memory shortages and higher PC prices are weighing on PC demand.

6.0

2026-10-29

COMPANIES · 1 SOURCE · TechCrunch AI

U.S. probes possible Chinese spy connection between Megaspeed exec Alice Huang and Nvidia CEO

The New York Times reported that U.S. intelligence agencies had surveilled Alice Huang (Huang Le), a Megaspeed executive, for about a year amid concerns she could have been a Chinese spy close to Nvidia CEO Jensen Huang. Nvidia said the interactions were routine customer meetings and denied any sharing of sensitive trade secrets; the Commerce Department had separately investigated Megaspeed in 2025 over alleged chip export circumvention.

7.0

2026-10-12

REGULATION · 1 SOURCE · The Decoder

White House restores UK AI Security Institute's access to frontier models

The White House has reversed a prior decision and restored the UK AI Security Institute's (AISI) ability to get early access to models from Anthropic, Google DeepMind, and OpenAI. The reversal follows a September directive that had stopped companies sharing models with AISI and a subsequent restriction on Anthropic's Claude Mythos 5.1; UK AI Minister Kanishka Narayan pushed diplomatically and plans to announce tighter reporting requirements for AI-related security incidents.

7.0

2026-09-16

REGULATION · 1 SOURCE · Anthropic

Anthropic says it does not advocate banning open-weights models and urges chip controls, distillation crackdowns, and mandatory safety testing

Anthropic clarifies it has never supported a ban on open-weights models, calling non-dangerous open models a public good. The company says bans would not address its main national-security concerns (authoritarian states gaining superior AI and misuse for cyber/biological attacks) and instead advocates restricting sales of powerful chips to China, cracking down on industrial-scale distillation, and requiring mandatory safety testing of sufficiently capable models.

7.0