Nvidia AI chip rivals attract record funding as competition heats up
[ad_1] This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia has cemented itself at the heart of the AI boom with a monopoly on the most powerful chips to train and run models, but a growing crop of startups are set on challenging the company’s supremacy. […]
Spain touts energy resilience to Iran war as Trump tensions cast shadow over trade
[ad_1] Wind turbines operated by Gamesa Eloica SA near Zaragoza, Spain, on Wednesday, March 25, 2026. Renewables are helping cushion the blow of higher oil and gas prices in Europe. Bloomberg | Bloomberg | Getty Images Spanish Economy Minister Carlos Cuerpo lauded the country’s energy resilience to the Iran war, saying a pivot to solar […]
OpenAI pulls back from Stargate Norway data center deal as Microsoft takes over
[ad_1] OpenAI has abandoned plans to rent compute capacity directly from a Norwegian data center, days after confirming it paused a similar project in the U.K. Microsoft is taking the extra compute previously earmarked for OpenAI at a planned 230MW “Stargate Norway” facility in Narvik. OpenAI is now in discussions to rent capacity from Microsoft […]
Fed nominee Warsh filings detail vast wealth, far exceeding past chairs
[ad_1] Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show. Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by […]
China calls U.S. blockade of the Strait of Hormuz ‘dangerous and irresponsible’
[ad_1] China has called the U.S. blockade of Iranian ports in the Strait of Hormuz a “dangerous and irresponsible act” that will further enflame tensions in the region. The Ministry of Foreign Affairs said Tuesday that the targeted blockade of the vital shipping channel, which began at 10:00 a.m. ET on Monday, coupled with an […]
The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
[ad_1] The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone […]
OpenAI halts UK stargate project amid regulatory and energy price concerns
[ad_1] OpenAI’s Stargate project in the U.K. is being paused, with the company pointing towards the cost of energy and the country’s regulatory environment. The U.S. AI startup announced plans for the major infrastructure project in September, saying it would deploy up to 8,000 GPUs in partnership with Nscale and Nvidia. Politico first reported on […]
‘Poorly run, piece of ice’: Trump targets Greenland again as Iran war deepens NATO rift
[ad_1] WASHINGTON DC, UNITED STATES – APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. Celal Gunes | Anadolu | Getty Images U.S. President Donald Trump appears to have set his […]
EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
[ad_1] An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this […]
How the Iran war is changing the way countries think about renewables
[ad_1] Workers check vehicle frames on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images The fallout from the Iran war is likely to expedite the shift away from fossil fuels and make countries think differently about […]