Artificial intelligence remained at the center of this week’s biggest technology and business stories, with Washington, Wall Street and corporate boardrooms all wrestling with the sector’s rapid expansion. From nuclear power and export controls to voluntary safety standards and potential government investment, the latest developments showed how AI is reshaping energy, trade and national policy.
Trump Considers Stakes In OpenAI and Anthropic
President Donald Trump is reportedly ruling out nationalizing artificial intelligence companies such as OpenAI and Anthropic, while considering whether the government could instead acquire equity stakes in the firms. The approach would resemble the government’s stake in Intel Corp.
Micron’s Fourth-Quarter Performance
Micron Technology reported fiscal fourth-quarter 2026 results after Wednesday’s closing bell, posting revenue of $54.23 billion. Revenue surpassed Benzinga Pro’s analyst estimate of $50.75 billion. The semiconductor company also reported adjusted earnings of $33.42 per share, exceeding the $31.45-per-share estimate.
Nvidia Servers Allegedly Tied to China Smuggling Case
Authorities arrested Greg Lui, also known as Yiu Kong Lui, alleging that the 38-year-old California resident helped route more than $300 million worth of export-controlled computer servers to China without required licenses. The servers reportedly contained GPUs made by Nvidia Corp. Lui faces federal charges involving alleged violations of the Export Control Reform Act and Export Administration Regulations, outbound smuggling, and conspiracy to commit money laundering.
Amazon Turns to Nuclear Power for AI demand
Amazon.com Inc. signed a 20-year power purchase agreement with Constellation Energy Corp. to secure electricity from Maryland’s Calvert Cliffs nuclear plant. Under the deal, Amazon will purchase 690 megawatts from the 1,790-megawatt facility, Maryland’s only nuclear power plant. The agreement also unlocks a potential $3 billion investment as technology companies seek dependable electricity for growing AI operations.
Trump Unveils Voluntary AI Safety Agreement
President Trump brought executives from several major AI companies to the White House and introduced a voluntary pact focused on independent audits, stronger internal controls and board-level oversight of advanced AI systems. Trump released the White House Accord on Super Intelligence in a Truth Social post. The agreement was also described as a “Joint Commitment on Frontier Responsibilities.” Mark Zuckerberg called it a “Significant Positive Step,” while Elon Musk indicated support with a nod.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock
Recent Comments