Cargo pirates, perhaps in search of precious AI loot, found a completely different kind of booty after stealing two trailers from an autonomous trucking company: sand, and lots of it. The trucking company, PlusAI, confirmed two trailers were stolen last week from its Fremont, California warehouse, including one with Nvidia branding on it. While PlusAI
President Donald Trump interrupted Nvidia’s all-hands staff meeting on Thursday morning when he called CEO Jensen Huang midway through, three sources who witnessed the interaction tell WIRED. Nvidia’s all-hands meetings typically involve Huang presenting or answering questions, on stage, to in-person staff at the company’s Santa Clara, California, headquarters, while thousands of remote employees tune
Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports. It’s not the only economy reporting surging growth and export numbers. Japan, Malaysia, Singapore and mainland China all reported over 20% growth in exports in July. Exports from South Korea, home to chipmaking
The global AI debate often fixates on models: Which ones are faster, which ones can do more, which ones are cheaper. The prominence of low-cost systems from China, like those from DeepSeek, z.ai, and Moonshot, has sharpened this focus, suggesting a narrowing gap with U.S. leaders. The rise of these brilliant, cheap AI models diverts
The AI chip boom just produced its biggest moment on Wall Street yet. SK Hynix, a South Korean memory chip giant, said on Friday that it had raised $26.5 billion (KRW 40 trillion) in its US market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so that American investors
In a bid to reduce its GPU costs amid an unprecedented component shortage, Meta is on track to begin manufacturing the latest versions of its AI-specific chip in September, Reuters reported, citing an internal memo. At least one chip passed its testing phase in about six weeks, according to the memo. Meta is working with
