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Real-time News
US President Trump: Iran is a failed state.On August 28th, sources revealed that Anthropic had discussed acquiring AI chip startup MatX for approximately $7 billion, aiming to accelerate the development of custom hardware for its rapidly growing AI business. One source indicated that the merger negotiations later evolved into discussions about a partnership. Previously, one source revealed that MatX was currently seeking a new round of funding, valued at approximately $4 billion. Discussions with MatX also suggest that Anthropic may be interested in developing chips for model training, while other chip startups and competitor OpenAI are developing processors better suited for generating chatbot responses—a process known as "inference." However, sources indicated that Anthropic might also choose to develop inference chips.On August 28th, according to the Wall Street Journal, citing sources familiar with the matter, Nvidia (NVDA.O) has suspended part of an agreement to provide credit support to AI cloud service providers in exchange for revenue sharing, less than two months after the plan was announced in July. Some Nvidia employees are concerned that the plan could trigger antitrust scrutiny, particularly regarding the extent to which the company can determine how its clients conduct business. The plan, called the "AI Computing Partner Program," promised that if cloud service providers couldnt find other customers, Nvidia would lease its GPU computing power, thus providing them with guaranteed revenue and helping them secure financing. Nvidia disclosed this week that such agreements, typically six years long, involve $36 billion in commitments. Under the proposed agreement, once a cloud service providers revenue exceeds a basic threshold covering costs such as chip depreciation, data center expenses, and personnel, Nvidia would receive 50% of the excess. Nvidia may adjust the plan or merge it into other projects in the future.Sources say the U.S. government is close to reaching an agreement to secure long-term access to Venezuela’s oil reserves.On August 28, local time, US President Trump announced via social media that Ben Moss will assume the position of Assistant to the President and White House Staff Secretary, effective September 2, succeeding Will Schaaf, who has become White House Counsel. Trump stated that Moss previously served as Deputy White House Staff Secretary and, more recently, as Vice Presidential Policy Director.
