Prime Minister Narendra Modi and Elon Musk recently held discussions focused on future collaboration in technology and innovation. Their conversation explored opportunities across electric vehicles, satellite internet, and space technology. Musk also confirmed plans to visit India later this year, signaling growing alignment between India and global tech giants.

Nvidia, a global leader in AI chip technology, is grappling with new U.S. export restrictions that affect its custom-designed H20 chip for China. With the revised rules halting shipments without a special license, Nvidia could see a $5.5 billion hit to revenue. This development highlights the growing geopolitical tensions surrounding advanced technology and their impact on semiconductor firms.

California's Attorney General has declined to support Elon Musk's lawsuit challenging OpenAI’s shift toward a for-profit structure. Musk claims this move violates the company's original nonprofit mission, while OpenAI insists it's necessary for securing future investment. The legal standoff continues without state backing.

OpenAI has unveiled Codex CLI, a powerful AI-powered coding tool that operates directly in the terminal. Designed for developers, this local agent can write, edit, and execute commands without needing to send sensitive code to the cloud—combining privacy with productivity.

Chinese server manufacturer H3C has cautioned customers about an impending shortage of Nvidia's H20 AI chips due to soaring demand and supply chain disruptions. As major Chinese tech giants like Tencent, Alibaba, and ByteDance continue expanding their AI capabilities, the increasing demand for these chips has intensified concerns about limited availability. This potential shortage highlights broader supply chain challenges amid ongoing geopolitical tensions affecting semiconductor exports.

Chinese AI firm DeepSeek has launched an upgraded version of its large language model, DeepSeek-V3-0324, significantly enhancing its reasoning and coding capabilities. The update marks a major leap in China’s AI development, narrowing the technological gap with U.S. firms like OpenAI. As DeepSeek strengthens its position in the AI sector, its cost-effective and open-source approach is prompting other Chinese AI startups to rethink their strategies.

Tencent has introduced its T1 reasoning AI model, marking a significant step in China’s intensifying push for leadership in artificial intelligence. Designed to enhance problem-solving and logical reasoning, the T1 model aims to support industries such as finance, healthcare, and education. Tencent’s launch highlights the fierce competition among Chinese tech giants as they strive to match or surpass global AI advancements.

NVIDIA is set to establish a quantum computing research lab in Boston, collaborating with Harvard University and MIT scientists. The NVIDIA Accelerated Quantum Research Center (NVAQC) aims to integrate quantum hardware with AI supercomputers, enhancing advancements in quantum computing.

In a strategic move to strengthen its position in the global artificial intelligence race, China is throwing its support behind Manus, a rising AI company with ambitions to become a leader in autonomous systems. This initiative reflects the nation’s broader drive to foster the next big breakthrough in AI, following the impactful rise of homegrown firm DeepSeek.