Biden administration proposes new curbs on advanced AI chips sale, Nvidia calls them ‘sweeping overreach’ | Mint

Biden administration proposes new curbs on advanced AI chips sale, Nvidia calls them ‘sweeping overreach’ | Mint

Source: Live Mint The Joe Biden administration has unveiled sweeping curbs on the sale of advanced AI chips by semiconductor companies including Nvidia Corp. The new rules will limit the number of AI chips that can be exported to most countries. It will allow unlimited access to US AI technology for America’s closest allies, while…

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Cardano Founder Discusses Ripple USD, USDC Deal Failure

Cardano Founder Discusses Ripple USD, USDC Deal Failure

Source: Bitcoinist In a recent series of exchanges on X, Input Output Global (IOG) CEO and Cardano founder Charles Hoskinson addressed allegations surrounding the Cardano Foundation’s (CF) approach to stablecoin integrations, while also signaling fresh possibilities with Ripple’s RLUSD. The conversation drew attention to unresolved tensions between Hoskinson, the CF, and various members of the…

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Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23% | Stock Market News

Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23% | Stock Market News

Source: Live Mint Wall Street stocks edged lower on Monday, as Treasury yields climbed after robust jobs data last week bolstered expectations of a hawkish stance by the Federal Reserve for this year. Artificial-intelligence companies and bitcoin-related stocks were leading the markets down. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or…

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