Daily brief
AMD has signed a major deal to supply artificial intelligence chips to Meta, reportedly worth tens of billions of dollars over its term. The agreement marks a significant win for AMD as it competes with Nvidia and will support Meta's push toward advanced AI. The deal has also reportedly helped cloud company CoreWeave secure a large loan.
The AI company Anthropic has accused several Chinese AI labs of conducting 'distillation attacks' to copy key elements from its proprietary models.
A new 10% tariff on most imported goods to the United States, implemented by the Trump administration, has taken effect, with reports indicating an effort to raise it to 15%.
FedEx has sued the US government seeking a refund for tariffs it was forced to pay during the Trump administration, joining other companies in similar legal challenges.
The Pentagon has given Anthropic an ultimatum to remove or relax safety restrictions on its Claude AI model for military use, threatening to blacklist the company if it refuses.