Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence … Read more

Nvidia and Jane Street back Mira Murati’s AI start-up in latest fundraising

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Mira Murati’s secretive artificial intelligence start-up has named chip giants Nvidia and AMD among its new investors, as the former OpenAI chief technology officer closes one of the largest initial funding rounds in Silicon Valley … Read more

Google and Brookfield strike $3bn hydro power deal

Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Google has reached a $3bn deal to access hydroelectric power from Brookfield’s renewables arm, part of a race to secure clean energy to meet booming power demand from cloud computing and artificial intelligence. The two … Read more