A global shortage of memory chips fueled by the artificial intelligence boom poses a growing risk to industries ranging from automakers to producers of medical devices, according to a coalition of US business groups who urged the Trump administration to help increase supply of the components.

OpenAI Chief Executive Officer Sam Altman will push his vision for public-private collaboration on artificial intelligence during a visit to Washington on Wednesday, part of a broader policy agenda that also includes creating a vehicle to pass AI’s potentially vast financial windfall to consumers.

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.

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.