Nvidia plans to invest $3.5B into MediaTek through convertible bonds;
Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year
TL;DRNvidia investing $3.5B in MediaTek to boost AI chip production capacity.
Why it matters: Signals Nvidia's strategy to diversify chip manufacturing partners amid geopolitical supply chain concerns.

OpenAI says its ad business has hit $1B in annualized revenue run rate
TL;DROpenAI's ad business reached $1B annual revenue run rate and is expanding worldwide.

ChatGPT now faces stricter EU oversight
TL;DREU regulators now classify ChatGPT as a major search engine, requiring new compliance rules.
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