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The Pentagon has signed a multi-million dollar deal to begin using Elon Musk’s artificial intelligence chatbot, Grok, as part of a wider rollout of AI tools for government use, the Department of Defence confirmed. Announced on Monday by Musk’s company xAI, the $200m (£149m) contract is part of its “Grok for Government” programme, and aligns with the Trump administration’s push …

China’s second-quarter GDP growth tops forecast even as US tariff risks mount  Reuters China posts 5.2% GDP growth for Q2  CNN China’s Economy Grows Steadily Despite Trump’s Tariffs  The New York Times Asia-Pacific markets mostly rise after China’s second-quarter growth beats estimates  CNBC China growth slows as trade turmoil weighs on economy  BBC Source link

America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance  The Wall Street Journal US rare earth pricing system is poised to challenge China’s dominance  Reuters Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%  CNBC Rare earths miner taps a seam of US government largesse  Financial Times The Pentagon’s Rare Earths Deal Is Making Former Biden Officials …

China’s economy grows 5.2% in second quarter  Financial Times China posts 5.2% GDP growth for Q2  CNN China’s Economy Grows Steadily Despite Trump’s Tariffs  The New York Times Asia-Pacific markets mostly rise after China’s second-quarter growth beats estimates  CNBC China’s Economy Grows 5.2% as Factories Offset Weak Consumption  Bloomberg Source link

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters Nvidia announced Tuesday that it hopes to resume sales of its H20 general processing units to clients in China, saying that the U.S. government had assured …

General Motors and LG Energy Solution will manufacture low-cost lithium-iron phosphate (LFP) batteries in the U.S. The automaker will convert part of its Spring Hill, Tennessee, manufacturing plant to incorporate LFP battery assembly.  The next-generation Chevy Bolt EV and one trim of the Silverado EV will be powered by LFP batteries.  General Motors’ electric vehicle plans are already paying dividends. …

Nvidia Expects License to Sell H20 AI Chip to China Again  Bloomberg Nvidia to resume H20 GPU sales in China  Yahoo Finance Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model  Reuters Nvidia’s Jensen Huang brushes off U.S. fears that China’s military will use his firm’s chips  CNBC Will Nvidia Announce Something Big on July 16?  The Motley Fool Source link

Why Nvidia and these other chip stocks could be standouts this earnings season  MarketWatchView Full Coverage on Google News Source link

High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled an economy already mired in …

The government is accelerating adoption of artificial intelligence technology, beginning with the U.S. Department of Defense using Grok, the AI chatbot embedded into X. Elon Musk‘s startup xAI announced on Monday a $200 million government contract as the Defense Department aims to address national security concerns with AI technology. It’s also rolling out what it called “Grok for Government,” a …