South Korean e-commerce giant Coupang has confirmed a massive data breach exposing the personal information of 33.7 million customers. The incident, which began in June 2025, is one of the largest in the nation's history and is linked to a former employee's active credentials.
Abu Dhabi-based Kingpin has secured US$3.5 million in seed funding to scale its AI-native SaaS platform for global B2B retail distribution. The investment will fuel expansion into Europe and North America, targeting entrenched inefficiencies in wholesale trade with intelligent automation.
A series of cyber attacks on Australian defence supply chain contractors has exposed sensitive material relating to major weapons programs, including the Redback infantry fighting vehicle.
Jensen Huang spearheaded Trump’s assertive AI strategy, driving Nvidia’s profits up 69% despite intense US-China tensions. Together with Elon Musk, Huang orchestrated landmark Gulf deals, embedding American tech globally, boosting Silicon Valley dominance, and sidelining China's AI ambitions.
The Trump administration has rapidly reshaped the global AI landscape, dismantling Biden-era restrictions on advanced semiconductor exports and creating strategic alliances, driving significant profits for U.S. tech giant Nvidia despite escalating tensions with China and ongoing tariff conflicts.
Shortly after taking office, President Trump scrapped Biden’s complex three-tier AI chip export controls, labeling them "overly complex, overly bureaucratic," according to the Commerce Department. Trump instead pursued bilateral agreements that leveraged semiconductor access as diplomatic leverage, rapidly positioning Nvidia as a major beneficiary. Over the past year, Nvidia’s revenue soared by 69%, reaching $44.1 billion, notably surpassing expectations even amid geopolitical disruptions tied to the Biden-era CHIPS Act and Trump’s tariff wars.
Nvidia CEO Jensen Huang has publicly backed Trump's shift, declaring the previous export controls "a failure" and applauding the administration's "visionary" re-industrialization strategy. Huang secured a major $10 billion investment in a UAE military facility through strategic chip diplomacy, underscoring Nvidia's essential role in Trump’s geopolitical playbook.
The recent Middle East tour highlighted how central U.S. tech firms have become in executing foreign policy. Companies like Nvidia, AMD, and AWS were pivotal, their infrastructure and advanced chips becoming tools of American statecraft, blurring the line between commercial enterprise and geopolitical influence.
It wasn't just corporations in the spotlight; prominent tech billionaires and executives—Tesla’s Elon Musk, Nvidia’s Jensen Huang, and OpenAI’s Sam Altman—joined Trump, symbolizing a significant shift in global technology diplomacy. Through their immense capital, technology platforms, and extensive networks, these Silicon Valley elites effectively operated as informal diplomats, negotiating deals and influencing which nations get fast-tracked into an AI-driven future.
Elon Musk notably leveraged the diplomatic stage to advance SpaceX’s Starlink, securing official approvals from Saudi Arabia to deploy high-speed satellite internet services. His direct discussions with Saudi Crown Prince Mohammed bin Salman resulted in immediate Starlink integrations for Saudi aviation and maritime sectors, with further expansions being negotiated for UAE's Emirates Airlines.
Tech investor and All-In podcast host Jason Calacanis praised Trump’s ability to project a "reality distortion field," successfully aligning Silicon Valley interests with geopolitical objectives. In recent CNBC remarks from Singapore, Calacanis emphasized that these Gulf investments "lock in the U.S. as an indispensable AI architect," effectively sidelining Chinese competitors.
The UAE’s commitment is particularly groundbreaking, planning to import half a million advanced Nvidia chips annually starting in 2025. A 5-gigawatt AI campus, currently under construction in Abu Dhabi, is set to become the largest non-U.S. AI cluster globally. These massive deals exemplify Trump's vision, embedding American technology deeply within allied infrastructure.
Overall, Gulf nations have pledged over $2 trillion in technology investments during Trump’s tenure, solidifying the region as a pivotal third global AI hub alongside the United States and China. White House AI and Crypto Czar David Sacks highlighted this, noting that these Gulf deals
"cement American technology as the global standard—before competitors can catch up."
As Nvidia’s stock surged 5% post-earnings despite absorbing $8 billion in China-related losses, the outcomes validate Trump's high-stakes gamble. By unleashing Silicon Valley’s global potential and binding strategic allies to American technological platforms, Trump's strategy hasn’t merely secured U.S. leadership in the AI race—it has actively shaped the entire competitive landscape.
Still, strategic and security concerns remain, particularly regarding the potential diversion of sensitive technologies. To mitigate these risks, the U.S. and UAE finalized a technology security framework, requiring strict safeguards on advanced semiconductor technologies to prevent misuse or diversion to China. Enforcement challenges persist due to resource limitations, yet Trump's administration views the benefits of these strategic partnerships as outweighing potential risks.
Trump’s America First AI initiatives have effectively leveraged technological superiority to forge new alliances, generate substantial economic returns, and construct strategic buffers against China’s AI ambitions. Nvidia remains central to this vision, poised for continued growth and cementing America’s leadership in global technological innovation for years to come.
Oracle has become a test of how much debt markets will tolerate in the AI buildout. Rising credit costs and growing use of swaps show investors backing the AI story while seeking protection in case promised workloads and cash flows fail to arrive on time.
NVIDIA’s staggering 57 billion quarter didn’t just calm the market, it rewrote the AI story. What looked like a bubble unwind now looks like a misread. With sovereign AI deals, a Saudi megacentre and a global capex surge, NVIDIA has reset the race and reminded investors this era is only beginning.
NVIDIA’s blockbuster quarter has reset the AI narrative, turning fears of a bursting tech bubble into renewed conviction in a structural shift. With record data-centre sales and sold-out Blackwell GPUs, NVIDIA now looks less like a chip stock and more like core AI infrastructure in the AI build-out
Australia is entering the age of agentic intelligence as startups like Firmus Technologies and Sharon AI build sovereign compute, renewable powered data infrastructure and AI platforms. Infrastructure is accelerating while enterprise adoption remains slow, creating a widening national gap.
Where cybersecurity meets innovation, the CNC team delivers AI and tech breakthroughs for our digital future. We analyze incidents, data, and insights to keep you informed, secure, and ahead. Sign up for free!
