Dan Loeb Enters the Chip Wars
Summary
The context: R2 sued Intel, as well as two customers, Hewlett Packard Enterprise and Dell, in Germany, alleging that the chipmaker had infringed on a patent dealing with voltage regulation in semiconductors. news: Elon Musk’s xAI released the raw computer code behind its Grok chatbot; and the Department for Homeland Security is the first federal agency to incorporate generative A.I. Analysts said the data suggested that the country’s struggling economy was stabilizing, even as consumer demand remains weak, as the government tries to hit an ambitious 5 percent annual growth target. The gap shows that many don’t think TikTok or China poses a similar threat, and also reveals a more expansive view of regulating social media that could worry the app’s U.S. rivals. “This makes it very difficult for Brussels to reach the consensus needed to take tough measures singling out either China itself or leading Chinese companies,” Max von Thun of the Open Markets Institute, a competition policy think tank, told DealBook.