Nvidia has announced plans to resume sales of its H20 GPU chips in China, subject to approval from the U.S. government. The technology giant is also introducing a new compliant RTX Pro model, specifically designed for artificial intelligence applications in industries such as logistics and smart manufacturing. This move comes as CEO Jensen Huang engages with U.S. and Chinese officials to enhance cooperation in AI, indicating Nvidia’s efforts to navigate the complex regulatory landscape following recent export restrictions.
SpaceX Invests $2 Billion in xAI
In a significant development, SpaceX has invested $2 billion in xAI, the artificial intelligence company founded by Elon Musk. This investment marks SpaceX’s first major external funding for xAI, contributing nearly half of the company’s recent $5 billion equity raise. The funds will support the integration of Grok AI across Musk’s ventures, including Starlink, Tesla, and the social media platform X. The merger of xAI and X positions Musk’s enterprises as powerful players in the AI-driven technology sector.
The Indian IT industry is facing a marked decline in entry-level job opportunities, primarily due to advances in AI automation and an outdated education system. Major companies such as Wipro and Infosys have scaled back their hiring of fresh graduates, leading to a growing mismatch between industry requirements and the skills of new entrants. While many engineering graduates struggle to find employment, there is optimism surrounding the potential for AI-related job opportunities, provided educational curricula are updated to meet current demands.
New AI Video Generation Tool Launched
In another exciting development, users of Gemini Pro and Ultra can now create 8-second AI videos from still images using the new Veo 3 model. This feature is available on both PC and mobile platforms, allowing users to generate videos by uploading a photo and providing detailed prompts regarding motion, setting, camera angle, and sound. Each output is watermarked with SynthID to ensure transparency. This innovative tool transforms storytelling into a cinematic experience, making AI video creation accessible and user-friendly for subscribers.
Finally, a contrarian AI model has identified three meme coins—Fartcoin, Bonk, and Popcat—as potential breakout candidates for late 2025. Each token is noted for its community-oriented governance, transparent tokenomics, and practical utility within an ecosystem. While speculative in nature, these coins exhibit strength through their underlying fundamentals, distinguishing them from mainstream market trends and positioning them as high-risk, high-reward investments.
As the technology sector continues to evolve, these developments highlight both the challenges and opportunities that lie ahead for companies and individuals alike.