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Gauss unveils Europe’s first nuclear fusion power plant design

Gauss Fusion, a German technology company, said on Thursday it will hand over Europe’s first fusion power plant design to the German chancellery within ten days. Gauss Fusion CEO Milena Roveda was scheduled to present the design at a climate congress hosted by Germany’s BDI industry federation. The event comes just days after the German … Read more

China expands rare earth controls, hits defence and chip sectors

China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology and spelling out its intention to limit exports to overseas defence and semiconductor users. The announcement from the Ministry of Commerce clarifies and expands sweeping controls announced in April that caused shortages around the world before a series of deals with Europe and the US eased but did not eliminate the supply crunch. The controls are a … Read more

US allows Nvidia to resume some chip sales to UAE, report says

The United States has approved several billion dollars’ worth of Nvidia (NVDA.O) chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday. The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said, citing … Read more

Nvidia to Cover H-1B Visa Costs After Trump’s $100,000 Fee Order, Jensen Huang Reaffirms Immigration Support

Chipmaker Nvidia’s (NVDA.O) CEO Jensen Huang said that the company will continue to sponsor H-1B visas and cover all associated costs following U.S. President Donald Trump’s executive order last month that imposed a $100,000 fee on each new application, Business Insider reported on Tuesday. Huang’s reported message, aimed at reassuring employees, comes after panic and confusion … Read more

Investor protection flags raised by crypto race to tokenise stocks

A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability. Buoyed by President Donald Trump’s pro-crypto stance and his administration’s push for friendly regulations, the crypto industry is rushing … Read more