Silicon Valley High-Fliers Smashed As Chip Meltdown Erases $1 Trillion
A sudden selloff in semiconductor stocks erased more than $1 trillion Friday, pulling down Nvidia, Micron and other AI-era winners. Markets turned volatile as investors reassessed expectations.
Redwood City Ad Tech Darling Slashes IPO Dreams but Jumps Back on Runway
After pausing in February, Redwood City ad‑tech Liftoff Mobile relaunched a smaller IPO that would raise about $399M. The offering will test appetite for AI‑driven ad tech.
Google Parent Gears Up For $80 Billion AI War Chest In Bay Area Backyard
Bloomberg reports Alphabet is lining up an $80B equity program — ATM sales, underwritten offerings and a Berkshire‑backed private placement — to pay for massive AI buildout.
Feds Move To Choke Off Nvidia China Chip Workarounds
The Commerce Department closed a year‑old loophole on Sunday, saying advanced Nvidia and AMD chips sold to companies headquartered in China now require export licenses even when bought through overseas affiliates. The move tightens export checks and could complicate shipments for Bay Area chip and data‑center firms.
Eric Trump’s Robot Army: San Francisco Startup Snags $24 Million Pentagon Deal
Foundation Future Industries says it has Pentagon research contracts to test Phantom humanoid robots and has already sent early units to Ukraine. The award and the company's ties to Eric Trump have prompted scrutiny and oversight questions.
Missouri Roundup Showdown: Bayer’s $7.25 Billion Deal Hit With Constitutional Crossfire
Objectors say Bayer’s $7.25B Roundup settlement tramples due process and favors lawyers; a May removal filing and a June 4 opt‑out deadline now cloud approval.
UCSF Researchers Bet Big on $12 Billion Science Lifeline
The State Senate cleared SB 895, an amended $12B plan to fund research; UCSF says federal grant slowdowns have put labs and clinical trials at risk. The measure now heads to the Assembly.
D.C. Power Play: White House Quietly OKs $9 Billion Nvidia Chip Binge
The White House approved roughly $9 billion to buy Nvidia superchips and build the liquid‑cooled data centers that run them, aiming to close an intelligence‑community compute gap. The move raises procurement, timing and civil‑liberties questions as agencies race to deploy frontier AI on classified networks.












