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Judge rules Trump administration's Harvard funding cuts unconstitutional, orders restoration of $2.2 billion

Judge rules Trump administration's Harvard funding cuts unconstitutional, orders restoration of $2.2 billion

``` A U.S. federal judge ruled on Wednesday that the Trump administration had wrongly cut off $2.2 billion in research funding to Harvard University, ordering the government to restore the funds and finding that the government's actions infringed on Harvard's constitutional rights. The ruling was

Musk's xAI experiences another top-level shakeup as CFO resigns after only three months in office.

Musk's xAI experiences another top-level shakeup as CFO resigns after only three months in office.

``` According to sources familiar with the matter, xAI’s Chief Financial Officer Mike Liberatore, under Elon Musk’s ownership, has resigned only a few months after taking office, leaving a key position vacant at the company. Liberatore joined xAI earlier this year, participating in some of the company’s fundraising

U.S. tariffs reached $31 billion in August, hitting a record high.

U.S. tariffs reached $31 billion in August, hitting a record high.

``` U.S. tariff revenue surpassed $31 billion in August, setting a new monthly record. The latest report from the U.S. Treasury Department shows that as of August 29, U.S. tariff revenue for August reached $31.37 billion, with a cumulative total of $183.56 billion for the current

OpenAI expands secondary share sale to $10.3 billion, valuation jumps to $500 billion

OpenAI expands secondary share sale to $10.3 billion, valuation jumps to $500 billion

``` Media reports state that OpenAI is expanding the scale of its secondary stock sale by more than $4 billion, with the company being valued at $500 billion in this round. According to a source familiar with the matter, OpenAI is giving current and former employees the opportunity to sell about

Google accelerates TPU deployment, escalating competition with Nvidia in the AI chip sector.

Google accelerates TPU deployment, escalating competition with Nvidia in the AI chip sector.

``` Google is one of NVIDIA's largest buyers of AI chips and rents these chips to Google Cloud customers such as OpenAI and Meta Platforms. However, Google's ambition to develop its own AI chips has not slowed down. According to seven people involved in the relevant negotiations

Tianxing Medical switches to the Hong Kong Stock Exchange with a new brokerage: Passive withdrawal by sponsor applied for several months ago.

Tianxing Medical switches to the Hong Kong Stock Exchange with a new brokerage: Passive withdrawal by sponsor applied for several months ago.

``` Recently, Beijing Tianxing Medical Co., Ltd. ("Tianxing Medical") submitted an IPO application to the Hong Kong Stock Exchange. This comes less than three months after Tianxing Medical's failed IPO on the STAR Market in June of this year, drawing market attention. In its Hong Kong stock

Federal Reserve Governor Waller: Rate cuts should begin this month, with multiple cuts possible over the next 3-6 months depending on the data.

Federal Reserve Governor Waller: Rate cuts should begin this month, with multiple cuts possible over the next 3-6 months depending on the data.

``` Federal Reserve Governor Waller stated that the Fed should start cutting interest rates this month and make several further reductions in the coming months, but he is open-minded about the specific pace of rate cuts, believing it will depend on future economic data. In an interview on Wednesday, Waller said,