Introduction:
In today’s episode, we delve into five compelling tech developments shaping the industry. First, we’ll explore how Nvidia’s soaring AI chip demand propelled it to become the most valuable company ever, surpassing Apple with a $3.92 trillion market cap. Next, we examine Microsoft’s bold move to cut 9,000 jobs, mainly in its Xbox division, as it reallocates resources to an ambitious but challenging AI strategy. Then, we cover the public dispute between OpenAI and Robinhood over unauthorized “tokenized shares” being offered to European investors. Following that, we highlight Apple’s encouraging rebound in China, where iPhone sales grew for the first time in two years despite fierce competition from Huawei. Finally, we discuss the U.S. government’s surprising reversal on chip-design software export restrictions to China, signaling a potential easing in the ongoing global chip war.
Content and Timestamp:
00:00:46 Nvidia Reaches Historic $3.92 Trillion Valuation, Driven by AI Chip Demand
00:02:24 Microsoft Cuts 9,000 Jobs Amidst Major AI Investment, Gaming Division Hit
00:04:13 OpenAI Disavows Robinhood's "Tokenized Shares" of Its Equity
00:06:01 Apple's iPhone Sales Rebound in China, Ending Two-Year Slump
00:07:39 US Lifts Chip Software Export Curbs on China, Signifying Trade Truce
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