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China’s tech advances are causing chaos from Silicon Valley to the White House

1 August 2026 at 13:00

New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industry

Over the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and robotics technologies have rattled financial markets, caused divisions among US tech moguls and left the Trump administration scrambling to respond.

Silicon Valley has long pointed to China’s tech industry as a competitive threat and used its growth as rationale for why US firms should not face regulatory oversight that could slow them down. In recent weeks, however, China’s progress has pushed US tech CEOs past vague warnings and into open disagreement over how to address Chinese-made products upending their industry.

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Β© Photograph: HΓ©ctor Retamal/AFP/Getty Images

Β© Photograph: HΓ©ctor Retamal/AFP/Getty Images

Β© Photograph: HΓ©ctor Retamal/AFP/Getty Images

Saudi Arabia and US strike deal for kingdom to enrich uranium

Donald Trump approves agreement to help country make fuel for civilian nuclear programme

Donald Trump signed a nuclear agreement with Saudi Arabia on Wednesday that could enable the kingdom to enrich its own uranium for nuclear reactions.

The US energy secretary, Chris Wright, and his Saudi counterpart, Prince Abdulaziz bin Salman, signed β€œa peaceful nuclear cooperation agreement” and β€œan accompanying bilateral safeguards agreement,” according to a statement from the US Department of Energy.

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Β© Photograph: Win McNamee/Getty Images

Β© Photograph: Win McNamee/Getty Images

Β© Photograph: Win McNamee/Getty Images

US launches 10th round of strikes as Iran says it is in β€˜full-scale war’

Diplomats say de-escalation talks continue as Trump vows retaliation over US soldier deaths

The US military said it has launched its 10th consecutive round of strikes on Iran to force the reopening of the strait of Hormuz.

Earlier on Monday, Iran’s president said the country is in a β€œfull-scale war” after the US expanded its aerial campaign and Tehran struck Washington’s Gulf allies, even as diplomats said talks to de-escalate were continuing.

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Β© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

Β© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

Β© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

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