Nvidia Applauds China, Restarts H20 Sales
CEO Jensen Huang called Chinese AI models “world-class”
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Nvidia Applauds China, Restarts H20 Sales
Nvidia CEO Jensen Huang called Chinese AI models “world-class” at a Beijing expo, praising China’s open-source approach for driving global progress. He confirmed Nvidia will soon resume H20 chip shipments to China after U.S. export rules eased. Huang highlighted that millions of Chinese developers now rely on Nvidia’s technology for AI innovation.
Trump Touts $90B AI, Energy Push
At a Pittsburgh summit, Donald Trump gathered top tech and energy leaders—including Meta and Microsoft—to announce over $90 billion in AI and energy investments. The event highlighted the U.S. strategy to outpace China in artificial intelligence, tying tech progress to energy infrastructure. Trump emphasised America’s leading role in the global AI race, with new projects planned in Pennsylvania
Google Inks $3B Hydropower Deal
Google has signed a $3 billion agreement with Brookfield to source up to 3,000 MW of clean hydropower for its U.S. data centres. The 20-year deal is the largest corporate hydropower purchase in history. It supports Google’s goal to run all operations on carbon-free energy by 2030. The partnership also aligns with rising AI-driven energy demands.Waymo Hits 100M Driverless Miles
Waymo’s robotaxis have logged over 100 million fully autonomous miles in U.S. cities, doubling their distance in just six months. The milestone marks steady expansion in cities like San Francisco, Los Angeles, and Phoenix amid intensifying competition. Waymo says this reflects years of careful progress now accelerating into rapid, responsible scaling.
Microsoft Uses AI to Accelerate Nuclear Permits
Microsoft and a U.S. national laboratory have partnered to use artificial intelligence to speed up the nuclear power plant permitting process. The initiative aims to reduce regulatory approval times and facilitate clean energy expansion in the U.S.. This reflects Microsoft’s broader push into AI-driven energy and infrastructure solutions.
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OpenAI Testing Payment Checkout Inside ChatGPT
OpenAI is building a checkout system for ChatGPT, enabling users to buy products directly within chatbot conversations.
Merchants will pay OpenAI a commission on each sale processed through this integrated feature, which is still in development
Blackstone, PPL Commit $25B
Blackstone and PPL plan to invest over $25 billion in digital data centres and natural gas infrastructure across Northeastern Pennsylvania. The project aims to create thousands of jobs and spark an additional $60 billion in regional investment starting in late 2028.AI Drives U.S. Funding Surge
U.S. startup funding soared 75.6% in H1 2025 to $162.8 billion, fueled largely by AI investments. AI deals made up over 64% of total funding value, signalling strong investor confidence in emerging tech.
Broadcom Launches Tomahawk Ultra Chip
Broadcom unveiled its Tomahawk Ultra Ethernet switch chip, designed to power next-gen AI and high-performance computing networks. It directly challenges Nvidia’s dominance in AI data centre networking with massive bandwidth and low-latency architecture.
Roblox Unveils Licensing Platform Initiative
Roblox launched a new IP licensing platform, allowing brands like Netflix, Lionsgate, and Sega to integrate their content into the metaverse. The move empowers creators with official assets and expands revenue opportunities across entertainment and gaming.
Startup Fundings
Gridserve Secures £100M Investment
Gridserve secured £100 million in new equity from TPG Rise Climate, Infracapital, and Mitsubishi to speed up the expansion of its high-power EV charging network across the UK’s busiest roads.
Biggest Seed Bet: Thinking Machines
AI startup Thinking Machines Lab, founded by ex-OpenAI CTO Mira Murati, secured a record $2 billion in early funding at a $12 billion valuation—the largest seed round ever. Their first product, coming soon, will feature significant open-source tools for researchers and startups
OpenEvidence Secures $210M Series B
AI health startup OpenEvidence raised $210 million in a Series B round led by Google Ventures and Kleiner Perkins. The funding supports its AI tools for doctors, including the launch of its DeepConsult assistant.
The WebRoundup
ChatGPT Outage Disrupts Global Access
OpenAI’s ChatGPT and related services faced a widespread outage on July 16, affecting users across North America, Europe, and Asia, with over 3,400 reports on Downdetector. Issues included login failures, blank chats, and error messages like “unusual activity detected.”
Meta Faces $8B Privacy Showdown
Meta executives, including Mark Zuckerberg and Sheryl Sandberg, are on trial in Delaware over alleged breaches of a 2012 FTC consent decree.
The shareholder-led case seeks up to $8 billion in damages, citing failures in data privacy oversight related to scandals like Cambridge Analytica.Ford Recalls SUVs for Fuel Leak
Ford is recalling over 694,000 Bronco Sport and Escape SUVs in the U.S. due to fuel injector cracks that can cause leaks and potential engine fires.
The issue affects models from 2020 to 2023 and follows a year-long investigation by U.S. regulators.
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Quick Links
PPI Drops, Markets Eye Cuts (~5 min read)
Softer US PPI sparks hopes for Fed rate cuts, lifting tech and chip stocks
Google Discover Page Now Summarises News with AI( ~ 6 min read)
Discover’s new AI-powered summaries aim to streamline news consumption, but publishers worry about losing web traffic
Nekojita Fufu – Mug-Blowing Cat Robot (~ 3 min read)
A tiny cat-shaped robot that sits on your mug and gently cools your brew by blowing air—like a feline version of your own souffle.
Mudra Link Band – Mind-Controlled Input(~ 4 min read)
This neural wristband lets you control your devices with gestures—no touch needed! From playing Fruit Ninja with your mind to virtual violin sessions, it adds a sci-fi twist to productivity.