Jensen Huang was riding high. The name of the company he runs, Nvidia, is a play on the Latin word for . But when asked last month, Huang could not think of a single thing he is envious of. "I have a pretty great life," he said toward the end of a 75-minute interview with TIME, before tallying a list of things he is grateful for: his happy marriage, his adult children, and his two dogs, who earlier that day both received the all-clear on their ultrasounds. Then, of course, there was his professional life: running the world's most valuable company, worth some $4.3 trillion.

What are the implications of Trump's Somali'garbage' comments? What happens if the US attacks Venezuela? Does'America First' make the US weaker? What we know about the DC pipe bomb suspect Brian Cole Jr. US President Donald Trump has cleared the way for tech giant Nvidia to sell its advanced H200 chip to China, in a significant easing of Washington's export controls targeting Chinese tech. Trump said on Monday that he had informed Chinese President Xi Jinping of the decision to allow the export of the chip under an arrangement that will see 25 percent of sales paid to the US government.

China's AI is quietly making big inroads in Silicon Valley China's AI models are quickly gaining traction in Silicon Valley, becoming integral to the operations of American companies and earning the praise of a growing list of tech leaders. Their rapid ascent has highlighted the competitive edge that Chinese developers such as Alibaba, Z.ai, Moonshot, and MiniMax have been able to gain by offering so-called "open" language models at much lower costs than their rivals in the United States. Airbnb CEO Brian Chesky generated headlines in October when he revealed that the short-term rental platform had opted for Alibaba's Qwen over OpenAI's ChatGPT, praising the Chinese model as "fast and cheap". Social Capital CEO Chamath Palihapitiya revealed the same month that his company had migrated much of its work to Moonshot's Kimi K2 as it was "way more performant" and "a ton cheaper" than models from OpenAI and Anthropic. Programmers on social media also recently highlighted evidence that two popular US-developed coding assistants, Composer and Windsurf, were built on Chinese models.

Is the US eyeing its next Latin American target? Why is Trump tearing down parts of the White House? Trump-Xi meeting: What's at stake and who has the upper hand? United States President Donald Trump expects "a lot of problems" will be solved between Washington and Beijing when he meets China's President Xi Jinping in South Korea for a high-stakes meeting on Thursday, amid growing trade tensions between the two. Relations between the two world powers have been strained in recent years, with Washington and Beijing imposing tit-for-tat trade tariffs topping 100 percent against each other this year, the US restricting its exports of semiconductors vital for artificial intelligence (AI) development and Beijing restricting exports of critical rare-earth metals which are vital for the defence industry and also the development of AI, among other issues. On the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, on Wednesday, Trump said an expected trade deal between China and the US would be good for both countries and "something very exciting for everybody".

There is an eerie emptiness at the seat of US economic power. The US Treasury is in shutdown like much of the federal government. Most staff are furloughed as the world's finance ministers and bankers jet in for the International Monetary Fund annual meetings a few blocks away, their delayed flights handled by a small number of unpaid air traffic controllers. There is, however, one clear message the Trump administration is notably keen to get out, not so much for its domestic audience but for the bewildered world outside. And they delivered it in the middle of last week to a small number of people ushered into the Treasury and what is said to be the finest room in Washington DC, the ornate and marbled Cash Room, which hosted the inaugural reception for post-civil war president, Ulysses Grant.

What is the Insurrection Act? Is Trump trying to dial back tensions with Brazil? Why was Letitia James indicted? Will a government shutdown hurt the economy? China tightened export controls for critical rare-earth metals on Thursday.

Inside Anthropic's Big Washington Push Welcome back to In the Loop, new twice-weekly newsletter about AI. If you're reading this in your browser, why not subscribe to have the next one delivered straight to your inbox? The AI industry has descended upon Washington. The industry recently pledged up to $200 million toward new super PACs aimed at influencing upcoming elections. And on Monday, I attended an event that epitomized this swell of capital and effort: The Anthropic Futures Forum.

Authorities in the United States have charged two Chinese citizens with shipping tens of millions of dollars' worth of advanced Nvidia chips to China in breach of export controls. Chuan Geng and Shiwei Yang are alleged to have "knowingly and willfully" exported the graphic processing units (GPUs) used to power artificial intelligence without authorisation from October 2022 to July 2025, the US Department of Justice said on Tuesday. Export records indicate that Geng and Yang, both 28, organised at least 21 shipments through their El Monte, California-based company ALX Solutions Inc to companies in Singapore and Malaysia, the Justice Department said. The exports included a December 2024 shipment of Nvidia H100 GPUs – described as the most powerful chip on the market – that was "falsely labelled" and had not obtained the necessary licence from the US Department of Commerce, the Justice Department said. According to prosecutors, ALX Solutions received payments from firms in Hong Kong and China, including a 1m sum from a China-based company in January 2024, rather than the companies that accepted the shipments.

Nvidia CEO Jensen Huang says the technology giant has won approval from United States President Donald Trump's administration to sell its advanced H20 computer chips, used to develop artificial intelligence, to China. The news came in a company blog post late on Monday, and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the US government has approved for us filing licences to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said.

AI firm DeepSeek is aiding China's military and intelligence operations, a senior U.S. official said, adding that the Chinese tech startup sought to use Southeast Asian shell companies to access high-end semiconductors that cannot be shipped to China under U.S. rules. The U.S. conclusions reflect a growing conviction in Washington that the capabilities behind the rapid rise of one of China's flagship AI enterprises may have been exaggerated and relied heavily on U.S. technology. Hangzhou-based DeepSeek sent shockwaves through the technology world in January, saying its artificial intelligence reasoning models were on par with or better than U.S. industry-leading models at a fraction of the cost.