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US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales

US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales

The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad.On Thursday, senators passed the Guaranteeing Access and Innovation for National Artificial Intelligence Act …

Russia seen as largest Bitcoin mining beneficiary if Trump’s tariffs hit in full, industry expert says

Russia seen as largest Bitcoin mining beneficiary if Trump’s tariffs hit in full, industry expert says

Despite President Donald Trump's embrace of crypto and desire to make the U.S. a "Bitcoin mining powerhouse," companies in the industry have been rushing to adjust their short and long-term plans in an attempt to weather the impact of the president's tariff policies, with Russia potentially the main…