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Opinion by: Ahmad Shadid of O.xyzSemiconductors scored a rare exemption from US President Donald Trump’s aggressive reciprocal tariffs, but the relief is symbolic at best. Most semiconductors enter the US embedded in servers, GPUs, laptops, and smartphones. The finished goods remain heavily tariffed, some with duties reaching up to 49%. The exemption looks good politically but delivers little practical benefit. Nvidia’s DGX systems, crucial for training advanced AI models, do not fall under the exempted HTS codes. Nvidia could pay effective tariffs nearing 40% on these vital components. Such costs threaten to stall critical AI infrastructure projects across the country. Semiconductor tariffs…

As rumored, OpenAI is expanding its ambitious Stargate data center project to the Middle East. On Thursday, the company announced Stargate UAE, which will bring a 1GW data center cluster to Abu Dhabi. OpenAI expects 200MW will go live in 2026, developed with partners including G42, Oracle, Nvidia, Cisco, and SoftBank. In a blog post, OpenAI claims that Stargate UAE has the potential to provide AI infrastructure and compute capacity within a 2,000-mile radius. “This is […] the first partnership under OpenAI for Countries⁠, our new global initiative to help interested governments build sovereign AI capability in coordination with the…

Austin, Texas – May 22, 2025 — Jippi, a pioneering mobile augmented reality (AR) game developer, is set to transform Bitcoin education with the launch of its flagship game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. In collaboration with six leading Bitcoin companies—Bitcoin Well, Beyond The Checkout, Bitcoin Trading Cards, Geyser, SHAmory, and 21M Communications—Jippi introduces an innovative blend of outdoor adventure, Bitcoin rewards, and gamified financial education designed to captivate. At the Bitcoin Conference, Jippi’s six partners have sponsored custom “Bitcoin Beasts” tied to specific locations around The Venetian. Each…

Here’s the deal: Only four days left to save up to $900 on your TechCrunch Disrupt 2025 ticket — and an additional 90% off for your +1. From October 27-29, San Francisco’s Moscone West transforms into the epicenter of tech innovation as 10,000 tech, startup, and VC leaders gather for the 20th anniversary of TechCrunch Disrupt — celebrating two decades of championing startups, driving innovation, and fueling growth across the ecosystem. The clock’s ticking. Lock in your ticket here before the price jumps on May 25 at 11:59 p.m. PT. What makes the 20th TechCrunch Disrupt unmissable Disrupt isn’t just…

An 18-year-old man was shot to death during an argument on a Bronx street and a younger teen was latter arrested for the slaying, police said Thursday. Estarling Peralta was shot in the head during a confrontation with his killer a block away from the Williamsbridge Oval park in Norwood about 5:50 p.m. Wednesday, cops said. Medics rushed Peralta from the scene on E. Gun Hill Road near Putnam Place to St. Barnabas Hospital, where he died. He lived in the South Bronx, according to cops. He did not have a police record, cops said. Police arrested a 17-year-old suspect…

Blackstone, the world’s largest alternative asset manager, has entered the Bitcoin space with a $1.08 million investment in BlackRock’s Bitcoin ETF. This is a big deal for both Wall Street and the Bitcoin world. Blackstone has made its first direct investment in bitcoin through regulated financial products. A May 20, 2025, SEC filing revealed that the firm purchased 23,094 shares of the iShares Bitcoin Trust (IBIT), BlackRock’s spot Bitcoin exchange-traded fund (ETF). BlackStone has bought 23,094 shares of BlackRock’s IBIT — SEC While $1.08 million is a small drop in the bucket compared to Blackstone’s $1.2 trillion in assets under…

LEGO Fortnite Odyssey has a lot in store for players looking to dive into an expansive open-world survival experience, featuring a large map to explore and unique challenges to overcome. From building Villages to crafting powerful weapons, preparation is key, but one strategy in LEGO Fortnite Odyssey may be more crucial than the rest. As players set off on their LEGO Fortnite Odyssey journey, they’ll need to gather a variety of food items to stay healed up and avoid starvation in the long run. While many foods are relatively easy to find, certain recipes require specific crops, and these can…

Playtech has confirmed a solid opening to 2025, reporting major growth in its US operations and completing a transformative shift to a business-to-business (B2B) model. In a trading update covering January to April, the company pointed to “very strong” revenue gains in the United States, particularly across its Live, Casino, and Platform services. This performance reflects recent launches with top-tier US partners and signals increasing momentum in the region.The firm, which is listed on the London Stock Exchange, also pointed to solid contributions from its high-margin Software-as-a-Service (SaaS) segment. This division continues to see strong results across various operators and…

David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing.“We have every expectation now that it’s going to pass,” Sacks told CNBC on May 21, following a key procedural vote that saw 15 Democrats join Republicans to clear the filibuster threshold.The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is the most advanced federal effort yet to establish a legal framework for dollar-pegged digital assets.Sacks said the bill could trigger “trillions of dollars” in demand for US Treasurys by unlocking stablecoin…

CNN  —  A group of 59 White South Africans arrived in the United States last week after being granted refugee status by the White House, which has fast-tracked the processing of Afrikaner refugees but paused refugee applications for other nationalities. On Wednesday, South Africa’s President Cyril Ramaphosa is set to meet his US counterpart Donald Trump in Washington, seeking a reset in relations with the United States. Ties between both nations have been fraught since Trump froze aid to South Africa in February over claims it was mistreating its minority White population. The South African government said “reframing bilateral, economic…