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Received today — 3 June 2026 Bloomberg Technology

Musk Allies Back Ex-DOGE Staffers Trying to Use AI to Cut Waste

Two former staffers from the Department of Government Efficiency have unveiled a new venture to buy companies and cut waste by implementing artificial intelligence, applying DOGE’s cost-cutting project to the private sector.

Antonio Gracias, left, and Elon Musk during a town hall ahead of the Wisconsin Supreme Court election in Green Bay, Wisconsin in 2025.
Received — 1 June 2026 Bloomberg Technology

Nvidia’s AI Chips Sought by Chinese Labs With Ties to Military

At least seven Chinese universities that support the country’s armed forces and defense industry are seeking access to Nvidia Corp.’s H200 chips, the most powerful artificial intelligence processors ever allowed by the US to be sold in China, according to a review of procurement records.

Illustration: 731; Source: Nvidia, Getty Images
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