Meta reviews AI chip deal with Google
Meta is reportedly in advanced talks to secure large quantities of Google’s Tensor Processing Units (TPUs) for AI development. The plan involves renting the hardware in 2026, with a possible direct purchase in 2027.
Britain expands support for domestic AI hardware
The UK government has announced a £100 million initiative to strengthen the country’s AI sector. As part of the plan, it will guarantee the purchase of newly developed British AI chips.
Huang dismisses fears of an AI bubble
Nvidia CEO Jensen Huang rejected claims of an AI bubble, predicting that the company’s new Blackwell and Rubin chips could generate $500 billion in revenue over the coming quarters. He highlighted new partnerships as well as a new system that links quantum and AI computing.
OpenAI signs groundbreaking chip deal with AMD
OpenAI has signed a multibillion-dollar deal with AMD to secure access to hundreds of thousands of AI chips – a crucial move as demand for computing power continues to rise. The agreement also gives OpenAI the option to acquire up to 10% of AMD.
US hides trackers in AI chip shipments, insiders say
According to Reuters, U.S. authorities have secretly hidden tracking devices in selected shipments of advanced AI chips to prevent illegal diversions to China. These trackers are designed to detect violations of export controls.
China confronts Nvidia over possible chip backdoors
On July 31, 2025, China’s Cyberspace Administration (CAC) questioned Nvidia about security concerns related to the H20 AI chips specially developed for the Chinese market. The allegation: the chips might contain backdoors that enable geotracking and remote shutdown.
Nvidia nears record valuation
Nvidia briefly reached a market value of $3.92 trillion, coming close to Apple’s all-time record. Its stock surged to $160.98, driven by booming demand for Nvidia’s AI chips, which power large-scale AI models.