Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times. Backed by OpenAI, SoftBank, Middle East AI fund MGX, and others, Stargate would funnel around $100 billion — and upward of […]
OpenAI’s Stargate project reportedly doesn’t have the money it needs Read More »
President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Craft Ventures David Sacks, Trump’s pick for crypto an AI ‘czar,’ will lead the working
Trump orders formation of working group to evaluate crypto stockpile Read More »
President Donald Trump isn’t happy with how European Union regulators have treated U.S.-based tech companies including: Google, Meta, and Apple. On stage at the World Economic Forum in Davos, Trump put EU regulators on blast. He said that the EU’s cases against these U.S. tech companies are “a form of taxation,” according to Bloomberg reporting.
Trump’s not happy with how EU regulators have treated US tech giants Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We’re just a few days into a new Trump administration, and it’s already a firehose of executive orders, declarations, and even pardons. A few have crossed into
Canoo craters and Trump comes for EVs Read More »
The U.K.’s Competition and Markets Authority (CMA) is launching so-called “strategic market status” (SMS) investigations into the mobile ecosystems of Apple and Google. The investigations constitute part of the new Digital Markets, Competition and Consumers Act (DMCCA) which passed last year and came into effect in January. The Act includes provisions for digital markets regulation
UK probes Apple and Google over ‘mobile ecosystem’ market power Read More »
The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red-tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of a
UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body Read More »
President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. Trump’s post on Truth
Trump pardons Silk Road creator Ross Ulbricht Read More »
One of Donald Trump’s first acts as president was an executive order that could kill the nascent offshore wind industry in the United States. Trump’s order, signed Monday, halted federal leases for offshore wind development on the outer continental shelf — a location far enough from shore that wind speeds are consistently higher, but near
Trump moves to sink offshore wind Read More »
The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service (USDS), which was created in
President Trump signs exec order to make Musk’s DOGE commission more official Read More »
During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order directed the Commerce Department’s National Institute of Standards and Technology (NIST) to author guidance that helps companies
President Trump repeals Biden’s AI executive order Read More »
