US President Donald Trump (pictured) stated Apple has struck a deal with Intel to produce computer chips inside the US, a move which marked a significant moment in his administration’s push to reshore semiconductor manufacturing.

“I decided to help Intel because we need to design and build our Chips right here in America,” Trump wrote on Truth Social today (18 June).

He added Apple’s agreement was the latest in a series of wins for his domestic chip strategy, following similar commitments from Nvidia and Elon Musk’s TeraFab project with Intel.

The Apple agreement marks another significant win for Intel. CEO Lip-Bu Tan, who spent much of last year shoring up the company’s balance sheet through major external investments, now appears to be delivering on operational improvements which seemed unlikely just a year ago.

For Apple, the partnership offers a chance to diversify a supply chain which currently depends heavily on TSMC to produce the processors powering its iPhones, iPads and Mac computers.

Any agreement will likely be a foundry deal, since Apple already designs its own silicon.

Apple price increases
Apple CEO Tim Cook told the Wall Street Journal price increases for its products are now unavoidable, citing soaring costs for memory and storage chips driven by the AI boom. He stated Apple had absorbed rising costs for as long as possible, but the pressure has become too great to avoid passing increases on to customers.

A domestic chip supply deal from Intel could give Apple more flexibility in an increasingly constrained global market, though analyst Ming-Chi Kuo has previously suggested any production through Intel’s advanced 18A-P process node is unlikely to reach mass scale before late 2027.

Trump’s post also gave him an opportunity to tout the government’s earlier bet on Intel. Last August, his administration converted roughly $8.9 billion in federal funding into an equity stake of around 10% in the company.

He noted in his post Intel was worth around $100 billion when the government made its offer.

“Now they are worth over 600 BILLION DOLLARS! Nine months, and they’ve increased in value over HALF A TRILLION DOLLARS. America’s stake is now over 60 Billion Dollars.”

The post Trump touts Apple, Intel chip deal appeared first on Mobile World Live.

Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis reportedly lobbied for a US-led coalition to shape global AI rules, as Anthropic remained locked in negotiations with the Trump administration over export controls on its newest models.

CNBC reported that during a closed-door lunch at the G7 Summit attended by President Donald Trump and other world leaders, Amodei called for international cooperation to cover structured access to frontier models, a chip and critical components trade framework which excludes China and coordinated responses to AI risks in cybersecurity, bioterrorism and intelligence.

OpenAI CEO Sam Altman also called for a formal international forum to establish globally accepted testing standards, provide impartial analysis of AI capabilities and risks, and serve as a venue for cooperation among nations, according to an OpenAI briefing.

The outlet reported Canadian Prime Minister Mark Carney agreed the US could lead such a coalition, according to people familiar with the discussions.

In addition to Trump, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnik and Secretary of State Marco Rubio were also in attendance.

Anthropic ban
The backdrop of the AI discussions was the export controls imposed by the Trump administration on Anthropic’s Fable 5 and Mythos 5 models, which went into effect on 12 June after the government cited national security concerns.

News sites have reported Anthropic is currently in negotiations with the Trump administration over the directive.

Financial Times (FT) reported the US decision alarmed European governments and Silicon Valley alike, while raising concerns even allied nations could be cut off from cutting-edge AI.

French President Emmanuel Macron stated the Anthropic dispute clarified what was at stake, warning if the US could “from one day to the next turn off the switch” it would ultimately damage the multitrillion-dollar US companies leading the global AI race.

Macron called for stronger AI regulation and a platform for democratic cooperation to establish common standards. Indian Prime Minister Narendra Modi stated democratic nations needed access to frontier models to protect critical infrastructure, according to people familiar with the discussions.

The post Tech bosses urge G7 to back US-led AI group appeared first on Mobile World Live.

Consulting company Deloitte is set to launch an AI Studio at its London campus in partnership with Google Cloud, a co-innovation hub designed to support the UK’s transition towards agentic AI.

Opening in late July, the studio will serve clients across financial services, the public sector, retail, healthcare and life sciences, and technology, media and telecommunications.

Deloitte is pitching the facility as a place where production-ready agentic solutions are built and delivered. Innovation labs hosted at the studio will allow clients to prototype and validate agentic AI systems in as little as four weeks, the company stated, compressing time-to-market for complex deployments.

For its retail clients, the aim is to move beyond generative AI chat interfaces toward sophisticated systems capable of modernising the customer journey end-to-end.

In healthcare and technology, media and telecommunications, the studio will focus on how agentic AI can reshape traditional business models and daily workflows rather than simply augmenting them.

Alongside the studio launch, Deloitte announced an upskilling plan to train 1,000 members of its UK AI and data workforce on Google Cloud’s Gemini Enterprise. The certification programme is designed to ensure Deloitte’s engineers are equipped to implement Google’s most advanced agentic architecture, giving UK clients access to what Deloitte described as one of the largest pools of certified AI talent in the region.

“Our clients are looking for more than just productivity gains — they want AI that can take action and drive real-world business outcomes,” stated Hayley McKelvey, chief AI officer for Deloitte UK, speaking at the Google Cloud London Summit. “This is about moving from curiosity to a new era of autonomous business operations.”

The London studio is in addition to Deloitte’s existing AI Experience Centres in Egypt and India.

The post Deloitte teams with Google Cloud to open London AI Studio appeared first on Mobile World Live.