US lawmakers are asking Futurewei to explain why it shared buildings in Santa Clara with Nvidia Corp., thrusting the US chipmaker into the crossfire of an investigation into possible Chinese

China on Monday accused Nvidia of violating the country's antimonopoly laws and said it would step up scrutiny of the world's top chipmaker, heightening tensions with Washington as the two countries meet for trade talks this week.

A popular exchange-traded fund that holds seven closely watched Big Tech stocks was slumping Wednesday, dragged down by a large drop in shares of Nvidia Corp. after China reportedly banned its artificial-intelligence chips.

Nscale, a little known British data center company that spun out of a crypto miner last year, has found itself at the forefront of a massive artificial intelligence-fueled data center boom.

AI chip startup Groq confirmed Wednesday that it raised a fresh $750 million in funding at a post-money valuation of $6.9 billion. This topped the rumored numbers when word leaked in July that Groq was raising. At that time, reports suggested that the raise would be about $600 million, at near a $6 billion valuation.

Microsoft says its new $30bn (£22bn) investment in the UK's AI sector - its largest outside of the US - should significantly boost Britain's economy in the next few years.

China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant. Shares of Nvidia were down around 2% in premarket trading.

A Chinese regulator has found Nvidia violated the country’s antitrust law, in a preliminary finding against the world’s most valuable chipmaker.

China's regulators said Nvidia broke antitrust laws amid ongoing US-China semiconductor industry tensions.

With the TikTok deal getting closer, Beijing signals it wants a further deal over U.S. technology.