tech firms

China may permit Alibaba to purchase Nvidia's RTX chips, according to a report by The Information. The potential approval would mark a notable shift in Beijing's stance on access to advanced Nvidia technology, amid ongoing US-China tensions over semiconductor exports. The report is drawing attention because it could signal easing restrictions affecting both Chinese tech firms and Nvidia's business in China.

President Trump is set to hold a meeting with leading technology chief executives on artificial intelligence policy. US House Speaker Mike Johnson said the discussion will centre on finding balance, presumably between fostering innovation and addressing risks such as regulation, safety and economic impact. The gathering draws attention given the major role tech firms play in the AI race and the administration's evolving stance on overseeing the technology.

China may permit ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips, according to a Quartz report. The move would mark a limited easing of restrictions on Nvidia's high-end hardware reaching Chinese tech firms, allowing two of the country's biggest companies access to chips otherwise constrained by US export controls.

Mykhailo Fedorov, Ukraine's minister of digital transformation, is moving to establish what officials describe as a 'Robot Army' programme intended to speed up the development and deployment of ground combat robots on the battlefield. The initiative aims to coordinate Ukrainian and allied defense tech firms to scale uncrewed systems as manpower shortages persist. Details on funding, timelines and specific systems remain limited so far.

China is leaning into open-source artificial intelligence, with state-linked coverage framing it as a deliberate strategy for the country's tech sector. The approach is presented as a way to spread Chinese AI models globally and accelerate domestic innovation despite export controls on advanced chips. Analysts see the push as an attempt to shape international AI standards and compete with closed models from US firms.

DigiTimes Asia reports that China's artificial intelligence industry is moving beyond playing catch-up with Western rivals and entering a commercialization phase. The shift is tied to domestic semiconductor progress, including DRAM maker CXMT and advances in hardware packaging, suggesting Chinese firms are beginning to monetize AI at scale. Observers are watching whether domestic supply chains can sustain the momentum.

Instinct, a startup building AI agents, has raised $1 billion in funding at a $10 billion valuation. The round places the young company among the most highly valued players in the fast-growing AI agent sector, where investors have been pouring capital into firms developing autonomous software that can complete tasks on behalf of users. The deal adds to a string of large funding rounds for AI startups this year.

Ad-tech company 33Across has rebranded as WealthStage, repositioning itself as an advertising platform for banks, trading apps, lenders, brokers and insurers. The company says its AI engine scores household wealth to target financial ads, pointing to an estimated $124 trillion changing hands between generations by 2048 as the market opportunity. Questions are being raised about which data sources feed the wealth-scoring system and what parts of the old 33Across business remain.

Spin Master has acquired a toy technology startup, adding new tech capabilities to its portfolio of toys and games. Details on the target company, deal size, and strategic rationale have not yet been widely reported. The move fits Spin Master's pattern of buying innovative firms to strengthen its product lineup in the competitive toy industry.