AI Chips
UAE firm acquires 49% stake in Trump-linked crypto venture
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A UAE investment firm backed by a powerful royal has purchased a 49% stake in World Liberty Financial, a cryptocurrency company tied to the Trump family, for $500 million just days before Donald Trump's second inauguration. The deal, reportedly aimed at securing access to US AI technology, has sparked ethics concerns amid ongoing crypto legislation. Critics, including Senator Elizabeth Warren, have called for congressional scrutiny over potential conflicts of interest.
Samsung Electro-Mechanics has agreed to a major supply deal with Tesla. The agreement involves FC BGA components worth 16.5 billion dollars for AI6 chips. These chips will support Tesla's self-driving systems and Optimus robot projects.
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Elon Musk has used social media to invite South Korean engineers to join Tesla's AI chip design efforts. This recruitment aims to produce high-volume AI chips essential for Full Self-Driving technology, Optimus robots, and data centers. The move highlights South Korea's importance in Tesla's expansion into silicon production amid intensifying global competition for semiconductor talent.