Category: Technology News

Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips.

The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned $1.76 per share.

Revenue jumped 85% to $81.62 billion from $44.01 billion.

Analysts, on average, were expecting earnings of $1.75 per share and revenue of $78.91 billion, according to a poll by FactSet. Nvidia’s results have exceeded the analyst projections that shape investors’ perceptions since Nvidia’s high-end chips emerged as AI’s best building blocks three years ago.

“The buildout of AI factories — the largest infrastructure expansion in human history — is accelerating at extraordinary speed,” said CEO Jensen Huang in a statement.

Along with higher profit and revenue, however, Nvidia’s operating expenses increased by 49% to $7.75 billion.

For the current quarter, Nvidia forecast revenue of about $91 billion. Analysts are forecasting $87.29 billion.

Despite the solid results and outlook, many investors still evidently are worried about a comedown after a three-year boom that has seen Nvidia’s market value soar from $400 billion at the end of 2022 to $5.4 trillion as of Wednesday.

Shares of the Santa Clara, California-based company dipped slightly after-hours to $222.12 after closing at $223.47 in the regular trading session.

“Time and time again, (Nvidia) obliterates expectations and consensus; it delivered exactly on what people wanted, especially regarding data centers,” said David Wagner, head of equity and portfolio manager at Aptus Capital Advisors. “But the market doesn’t always act as you would expect after a strong report like this one.”

The company also announced plans to return some money to shareholders. It authorized a plan to buy back $80 billion worth of stock and increased its quarterly cash dividend to 25 cents per share from 1 cent.

SAO PAULO (AP) — Brazil’s President Luiz Inácio Lula da Silva signed two decrees on Wednesday that add to the pressure on big tech companies by increasing their liability for illegal content shared by its users and paving the way for investigations by a government body into their responses to such cases.

The moves toughen the environment in Brazil for giants like Google, Meta and TikTok, who have long tried to dissociate themselves with crimes online committed by users.

The first decree makes key adaptations to government regulations to align them with a decision by Brazil’s Supreme Court making big tech companies liable if they refuse to remove content by judicial order. It also enables the country’s national agency of data protection to investigate those cases. The second decree establishes guidelines for the protection of women in the digital environment.

Brazil’s government said in a statement that from now on platforms must analyze any complaints, and if the content is deemed criminal, remove it immediately, while communicating the decision to the person responsible. Possible penalties for non-compliance include warnings, fines and temporary suspension.

Big tech companies have not commented on the decision by Brazil’s government.

Patricia Peck, a council member of Brazil’s Data Protection Authority and author of 46 books on law and technology, said the country’s executive and judicial branches have pushed for big techs to be proactive against crimes online despite evident stagnation of the debate in congress.

“We don’t have specific legislation to hold these platforms responsible, we are taking a side road,” Peck told The Associated Press. “Those who develop these technologies must think about it with perspective of ethics, privacy, and security as a standard.”

Since the Brazilian Supreme Court ruling last year, these companies have had to actively monitor content that involves hate speech, racism and incitation to violence and act to remove it.

Lula’s move also expands the current law’s capacity to address the growth of digital fraud, online scams and new forms of online violence.

Mattheus Puppe, an expert on Brazil’s digital law, says the decrees seek to stop platforms from profiting from illegal publications and reinforce the country’s Supreme Court’s decision. But he has doubts on whether the government’s initiatives will indeed hinder online crime.

“It is not clear how well this will work because the agency that was chosen to investigate cases can barely do its job now,” Puppe said. “But it is true that it shouldn’t be up to companies to know what is lawful and what is not.”

Brazil’s approach to big techs is increasingly similar to that of the European Union, which has sought to rein in the power of social media companies and other digital platforms.

But it has unsettled the relationship between the South American nation and the U.S. government. Critics expressed concern that the move could threaten free speech if platforms preemptively remove content that could be problematic.

Earlier this year, a law that seeks to shield minors from addictive, violent, and pornographic online content took effect. The legislation requires minors under 16 to link their social media accounts to a legal guardian to ensure supervision and prohibits platforms from using addictive features such as infinite scroll and the automatic play of videos.

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Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america

SAN FRANCISCO (AP) — Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay Tuesday as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection network launched this week is designed to track them day and night.

The system, called WhaleSpotter, scans the bay around the clock for whale blows and heat signatures up to 2 nautical miles away, alerting mariners to slow down or reroute when whales are nearby.

“They’ll be able to make adjustments way before they get anywhere close,” said Thomas Hall, director of operations for San Francisco Bay Ferry. “It will also allow us to track data over time and see where the whales are camping out so we can adjust our routes during whale season to avoid those areas completely.”

The effort comes amid an alarming rise in gray whale deaths in the bay. Last year, 21 dead gray whales were found in the wider Bay Area — the highest number in 25 years, according to The Marine Mammal Center — with at least 40% killed by ship strikes. At least 10 more have died in the Bay Area so far this year.

Scientists say those figures likely underestimate the true toll as many whale carcasses sink or are swept back out to sea before they are ever found or reported.

Gray whales have long migrated along the California coast on their roughly 12,000-mile (19,300-kilometer) journey between breeding lagoons in Mexico and feeding grounds in the Arctic.

But instead of simply passing offshore, increasing numbers are now diverting into San Francisco Bay and lingering for days or even weeks inside the crowded estuary — a shift scientists increasingly link to climate change. Warming temperatures and shifts in sea ice in the Arctic are disrupting the food web gray whales rely on during summer feeding months, according to a 2023 study in Science, leaving many malnourished during migration.

Many whales now concentrate in a high traffic corridor between Angel Island, Alcatraz and Treasure Island, directly overlapping with ferry routes and shipping lanes.

“It’s the worst place possible in terms of all the ship traffic,” said Rachel Rhodes, a project scientist at the Benioff Ocean Science Laboratory who led the initiative. There have been so many collisions that “the teams responding to strandings said they ran out of places to even land dead whales.”

The eastern North Pacific gray whale population was once hailed as a conservation success story after rebounding from commercial whaling and being removed from the Endangered Species Act in 1994. But numbers have since plummeted, decreasing by half over the last 10 years, according to the National Oceanic and Atmospheric Administration. Just 13,000 remain.

“They may not be getting the quality or quantity of food they’re used to in the Arctic,” Rhodes said. “That means they’re starting this incredibly long migration at a disadvantage.”

The thermal camera system provides real time alerts to mariners

Artificial intelligence automatically flags potential whale sightings, which are then verified by trained marine mammal observers before alerts are sent via radio to ferry operators, vessel traffic controllers and posted publicly on the Whale Safe website.

WhaleSpotter systems are already used on vessels and fixed installations such as lighthouses and coastal towers in the United States, Canada and Australia. But researchers say the San Francisco Bay network is the first to directly integrate land-based and vessel-mounted detections with official mariner alerts, allowing whale sightings to be relayed in near-real time to ships navigating the bay.

The first hours of testing produced an immediate flood of detections.

“Suddenly to have a full sense of how much whale activity is in this space honestly put me a little bit on edge,” said Douglas McCauley, director of the Benioff lab. “But we’re going to use that data and we’re going to be smart about how we use that space and share it with the whales.”

Researchers say the system’s biggest advantage is constant monitoring. Unlike human observers, thermal cameras can operate through the night and in many foggy conditions common in the bay.

One camera was installed on Angel Island and a second will soon be fixed aboard a ferry traveling between downtown San Francisco and Vallejo to create what Rhodes described as a “moving data collection platform.” Scientists hope additional cameras on the Golden Gate Bridge and Alcatraz could eventually expand coverage across the bay.

Warming oceans are also threatening humpbacks

A severe marine heat wave lingering off the California coast is shrinking the band of cold, nutrient-rich water where krill, anchovies and sardines thrive. As offshore waters warm, humpback whales are increasingly following that prey closer to shore, where California’s Dungeness crab fishery operates.

The fishery uses tens of thousands of vertical lines that connect traps on the seafloor to surface buoys, creating entanglement hazards for whales migrating and feeding along the coast.

This spring, regulators again closed parts of the fishery off central California to conventional gear, a measure that has become increasingly common in recent years as warming waters increase whale overlap with crab fishing seasons.

While grey whales are also at risk, humpbacks are most vulnerable.

“Humpbacks are curious and they’ll scratch their backs on the gear,” said Kathi George, director of cetacean conservation biology at The Marine Mammal Center. “If they get a line caught on their body, they’ll breach and they’ll roll and end up entangling themselves.”

Whales can drag heavy gear for months, unable to dive or feed properly, leading to starvation, infection and drowning.

Thirty-six whales were confirmed entangled off the West Coast in 2024 — the highest number since 2018, according to NOAA — though scientists caution most cases go undocumented.

California approved commercial use of ropeless pop-up crab fishing gear for the first time this spring, which will allow fishermen to continue harvesting through the end of the season.

Instead of floating surface buoys tethered to traps, the system stores ropes and buoys on the seafloor until fishermen return and trigger an acoustic release that brings the gear to the surface.

Supporters say the technology allows fishermen to continue harvesting crab while dramatically reducing the risk to whales.

As climate change reshapes ocean conditions and whale migration patterns, scientists expect the overlap between whales, ships and fishing gear to persist.

“We will have to continue to be adaptive and science driven in terms of our management to reduce wildlife risk and keep fishermen on the water,” said Caitlynn Birch, Oceana’s Pacific campaign manager and a marine scientist. “California has been a national leader in developing whale-safe fishing technologies and we hope that model can help guide other fisheries on the West Coast and nationally.”

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Follow Annika Hammerschlag on Instagram: @ahammergram.

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The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment

SEOUL, South Korea (AP) — Samsung Electronics’ labor union said Wednesday it’ll hold off on launching a planned strike and put a tentative wage deal with management to a vote, alleviating immediate concerns about the operation of the world’s largest memory chip maker.

The announcement was made after a last-minute government-mediated negotiation with management over how much bonus payouts must be provided to employees to reflect soaring profits fueled by the global boom in artificial intelligence.

Union leader Choi Seung-ho told a televised briefing that the union agreed not to go ahead with an 18-day strike that he earlier said would start from Thursday. He said union members will vote on the tentative agreement from May 22-27.

“We would like to express our apologies to the people for causing concerns due to our internal conflicts,” Choi said. “The agreement is the result of our all-out struggle spanning about six months.”

Choi’s negotiating partner and senior Samsung official, Yeo Myounggoo, told the briefing that the company hopes that the agreement will be a starting point for more stable relations with the union.

“The company will faithfully implement the terms of this agreement and will make its utmost efforts to promote labor–management cooperation,” he said.

Government officials earlier had threatened to invoke rarely used emergency powers to force a settlement at Samsung, as its union’s strike was feared to rattle global semiconductor supplies and the country’s trade-dependent economy. The union represents more than 70,000 workers.

Earlier Wednesday, the union and the management held each other responsible for a failure to reach a deal, after their previous round of negotiation ended without a breakthrough. Choi accused management of refusing to accept a government-mediated proposal whose details he refused to disclose. The management accused the union of calling for excessive compensation packages for workers at loss-making units.

Samsung and its cross-town rival, SK Hynix, together produce about two-thirds of the world’s memory chips, which are seeing surging demand driven by AI. Samsung said last month its operating profit for the January-March quarter jumped eightfold to a record 57.2 trillion won ($38 billion).

Union leaders have demanded a compensation structure in which Samsung would commit to spend 15% of its annual operating profit on employee bonuses and scrap bonus caps, which are currently set at 50% of annual salaries. The company says the demands are excessive, citing the highly cyclical nature of the semiconductor business.

Samsung and union leaders did not immediately confirm the details of their tentative agreement. Yeo suggested that the company had agreed to union demands to extend bonuses beyond its lucrative memory division to less profitable units.

“For example, we need to invest in the future of both our memory and foundry businesses. These engineers all work in semiconductor production, and we discussed ways to better motivate them,” he said.

Prime Minister Kim Min-seok, the government’s No. 2 official after President Lee Jae Myung, said in a televised statement Sunday that the strike could cause up to 100 trillion won ($66 billion) in economic damage by disrupting Samsung’s highly complex semiconductor manufacturing processes.

The planned strike could potentially have had a major global impact.

Given that supply in the global memory semiconductor market is struggling to keep up with demand, the Samsung strike would have been expected to further drive up prices and push back AI infrastructure investments in other countries, said Lee Jun, an expert at the Korea Institute for Industrial Economics and Trade.

The strike could have hurt operations of Samsung’s production of smartphones and other consumer electronics as well, observers say.

A local court on Monday partially granted the company’s request for an injunction against the planned strike, ruling that the union must maintain certain staffing levels to prevent damage to facilities and materials and ensure safe operations. The Suwon District Court also barred unionists from occupying key facilities and offices.

SAN FRANCISCO (AP) — Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay Tuesday as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection network launched this week is designed to track them day and night.

The system, called WhaleSpotter, scans the bay around the clock for whale blows and heat signatures up to 2 nautical miles away, alerting mariners to slow down or reroute when whales are nearby.

“They’ll be able to make adjustments way before they get anywhere close,” said Thomas Hall, director of operations for San Francisco Bay Ferry. “It will also allow us to track data over time and see where the whales are camping out so we can adjust our routes during whale season to avoid those areas completely.”

The effort comes amid an alarming rise in gray whale deaths in the bay. Last year, 21 dead gray whales were found in the wider Bay Area — the highest number in 25 years, according to The Marine Mammal Center — with at least 40% killed by ship strikes. At least 10 more have died in the Bay Area so far this year.

Scientists say those figures likely underestimate the true toll as many whale carcasses sink or are swept back out to sea before they are ever found or reported.

Gray whales have long migrated along the California coast on their roughly 12,000-mile (19,300-kilometer) journey between breeding lagoons in Mexico and feeding grounds in the Arctic.

But instead of simply passing offshore, increasing numbers are now diverting into San Francisco Bay and lingering for days or even weeks inside the crowded estuary — a shift scientists increasingly link to climate change. Warming temperatures and shifts in sea ice in the Arctic are disrupting the food web gray whales rely on during summer feeding months, according to a 2023 study in Science, leaving many malnourished during migration.

Many whales now concentrate in a high traffic corridor between Angel Island, Alcatraz and Treasure Island, directly overlapping with ferry routes and shipping lanes.

“It’s the worst place possible in terms of all the ship traffic,” said Rachel Rhodes, a project scientist at the Benioff Ocean Science Laboratory who led the initiative. There have been so many collisions that “the teams responding to strandings said they ran out of places to even land dead whales.”

The eastern North Pacific gray whale population was once hailed as a conservation success story after rebounding from commercial whaling and being removed from the Endangered Species Act in 1994. But numbers have since plummeted, decreasing by half over the last 10 years, according to the National Oceanic and Atmospheric Administration. Just 13,000 remain.

“They may not be getting the quality or quantity of food they’re used to in the Arctic,” Rhodes said. “That means they’re starting this incredibly long migration at a disadvantage.”

The thermal camera system provides real time alerts to mariners

Artificial intelligence automatically flags potential whale sightings, which are then verified by trained marine mammal observers before alerts are sent via radio to ferry operators, vessel traffic controllers and posted publicly on the Whale Safe website.

WhaleSpotter systems are already used on vessels and fixed installations such as lighthouses and coastal towers in the United States, Canada and Australia. But researchers say the San Francisco Bay network is the first to directly integrate land-based and vessel-mounted detections with official mariner alerts, allowing whale sightings to be relayed in near-real time to ships navigating the bay.

The first hours of testing produced an immediate flood of detections.

“Suddenly to have a full sense of how much whale activity is in this space honestly put me a little bit on edge,” said Douglas McCauley, director of the Benioff lab. “But we’re going to use that data and we’re going to be smart about how we use that space and share it with the whales.”

Researchers say the system’s biggest advantage is constant monitoring. Unlike human observers, thermal cameras can operate through the night and in many foggy conditions common in the bay.

One camera was installed on Angel Island and a second will soon be fixed aboard a ferry traveling between downtown San Francisco and Vallejo to create what Rhodes described as a “moving data collection platform.” Scientists hope additional cameras on the Golden Gate Bridge and Alcatraz could eventually expand coverage across the bay.

Warming oceans are also threatening humpbacks

A severe marine heat wave lingering off the California coast is shrinking the band of cold, nutrient-rich water where krill, anchovies and sardines thrive. As offshore waters warm, humpback whales are increasingly following that prey closer to shore, where California’s Dungeness crab fishery operates.

The fishery uses tens of thousands of vertical lines that connect traps on the seafloor to surface buoys, creating entanglement hazards for whales migrating and feeding along the coast.

This spring, regulators again closed parts of the fishery off central California to conventional gear, a measure that has become increasingly common in recent years as warming waters increase whale overlap with crab fishing seasons.

While grey whales are also at risk, humpbacks are most vulnerable.

“Humpbacks are curious and they’ll scratch their backs on the gear,” said Kathi George, director of cetacean conservation biology at The Marine Mammal Center. “If they get a line caught on their body, they’ll breach and they’ll roll and end up entangling themselves.”

Whales can drag heavy gear for months, unable to dive or feed properly, leading to starvation, infection and drowning.

Thirty-six whales were confirmed entangled off the West Coast in 2024 — the highest number since 2018, according to NOAA — though scientists caution most cases go undocumented.

California approved commercial use of ropeless pop-up crab fishing gear for the first time this spring, which will allow fishermen to continue harvesting through the end of the season.

Instead of floating surface buoys tethered to traps, the system stores ropes and buoys on the seafloor until fishermen return and trigger an acoustic release that brings the gear to the surface.

Supporters say the technology allows fishermen to continue harvesting crab while dramatically reducing the risk to whales.

As climate change reshapes ocean conditions and whale migration patterns, scientists expect the overlap between whales, ships and fishing gear to persist.

“We will have to continue to be adaptive and science driven in terms of our management to reduce wildlife risk and keep fishermen on the water,” said Caitlynn Birch, Oceana’s Pacific campaign manager and a marine scientist. “California has been a national leader in developing whale-safe fishing technologies and we hope that model can help guide other fisheries on the West Coast and nationally.”

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Follow Annika Hammerschlag on Instagram: @ahammergram.

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The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment

TEL AVIV, Israel (AP) — When Israeli defense officials approached Massivit last year about using its unique 3D printers to make military drone parts, CEO Yossi Azarzar jumped at the chance.

Although the Israeli company had been producing large set pieces and other designs for the likes of Disney, DreamWorks and Netflix, the opportunity to instead quickly churn out large drone parts for the military was too good to ignore.

“I stopped thinking about Hollywood sets,” Azarzar said. “The entertainment industry is a nice customer — defense is a necessity.”

Business has been booming for the Israeli arms sector, despite widespread criticism of the country’s conduct in its wars in Gaza, with Hezbollah and with Iran. Countries that have vowed to shun Israeli weapons makers are nonetheless quietly placing orders, according to industry officials. And manufacturers, including some like Massivit with no previous military know-how, can show that their innovations are being continually combat-tested and improved.

According to Israel’s Defense Ministry, Israeli weapons sales have more than doubled over the past five years, with a record high of nearly $15 billion in 2024. While the ministry hasn’t released overall 2025 figures, leading Israeli weapons makers, including Elbit and Israel Aerospace Industries, both reported double-digit sales growth last year.

More than half of the Israeli arms industry’s sales are for missiles, rockets and air-defense systems. For the first time, Israel has surpassed the United Kingdom in its share of global arms exports, making it the world’s seventh-biggest supplier, according to a March report by the Stockholm International Peace Research Institute.

“This tremendous achievement is a direct result of the successes of the (army) and defense industries. … The world sees Israeli strength and seeks to be a partner in it,” said Israel’s defense minister, Israel Katz.

Solid sales, despite public criticism

This year’s Defense Tech Expo in Tel Aviv reflected the growing international interest in Israeli weapons, with manufacturers promoting arms and other equipment shaped by the country’s recent conflicts. But it also highlighted the tension between showcasing the military technology and the political debate surrounding its use, with event protesters decrying the widespread destruction of Gaza as a testing lab for Israeli weapons.

Last year, Spain canceled a deal for anti-tank missile systems sold by an Israeli company’s subsidiary. Slovenia, meanwhile, announced it would ban the import, export and transit of all weapons to and from Israel in response to the country’s actions in Gaza. After Hamas attacked Israel on Oct. 7, 2023, killing some 1,200 people and taking roughly 250 others hostage, Israel retaliated, killing more than 72,700 Palestinians, according to the Gaza Health Ministry, which doesn’t distinguish between fighters and civilians. Some countries and human rights groups have accused Israel of war crimes.

Israel’s Defense Ministry says it uses its equipment to defend the country and its people, and denies that it uses battlefields as testing grounds.

Human rights advocates, though, say Israel has deployed new weapons and technology during the war in Gaza, including in AI, big data and targeting.

“The regional war has drawn heavily on Israel’s deadly playbook and provided a boon to Israeli and other defense and technology companies able to parlay the use of their products in Gaza to attract more business,” said Omar Shakir, the executive director of DAWN, a U.S.-based group founded by murdered journalist Jamal Khashoggi that pushes for human rights in the Middle East.

Despite criticism that Israel’s weapons sector is profiting off technologies being used and improved on the battlefield, it’s hardly alone, according to experts.

“Countries have had to dramatically increase defenses because of the proliferation of global conflicts and they need systems that will work. And most countries don’t have the time right now to build their own defense systems locally and quickly,” said Seth J. Frantzman, an adjunct fellow at the Foundation for Defense of Democracies who has covered Israel’s arms industry for a decade and wrote the book “Drone Wars.”

A lot of countries are looking to Israel because they’re seeing in real time that these are munitions and systems that work, he said.

High interest in Israeli technology

For Massivit, sales have soared since it pivoted to making drone parts for the military, including a 200% rise in inquiries from interested buyers since Israel and the U.S. attacked Iran at the end of February, according to Azarzar.

The company’s unique 3D printing technology allows it to make large parts for military drones within days instead of weeks. In addition to selling to the Israeli military, the company’s technology has drawn interest from the defense and aeronautical sectors in Europe, the U.S., Southeast Asia and India, he said.

Business has also been good for other defense contractors.

Tomer Malchi, co-founder and CEO of ASIO, said Israeli army orders for the company’s rugged smartphone unit, the Orion, have surged by 400% since the war in Gaza started.

The phones use maps, augmentation and artificial intelligence to help soldiers plan missions, navigate and respond to real-time battlefield threats. ASIO recently signed a deal with a major U.S. defense company and is in talks with about 20 other countries, Malchi said.

One area Israel’s Defense Ministry says will be a future priority for innovation is taking down drones, which has proven challenging during the war with Iran. Drones are hard to pinpoint on radar systems calibrated for spotting high-speed missiles and can be mistaken for birds or planes.

Israel Weapon Industries, a local weapons maker, has developed a system to help soldiers more accurately shoot down tactical drones. At a shooting range in central Israel, an IWI instructor fired rounds at a makeshift drone to show how the system works. A computer chip embeds into a soldier’s rifle, providing more accuracy and efficiency and significantly reducing the influence of fatigue and other factors by allowing the trigger to remain pressed.

The system, known as Arbel, came to market in 2024 and now has more than two dozen countries using it, said Semion Dukhan, head of Europe for IWI.

Among IWI’s buyers are countries that have said publicly that they won’t do deals with Israel, Dukhan said, though he wouldn’t name them.

“People and politicians say things they need to say … what they say is not necessarily what is going on underneath the surface,” he said, noting that at the end of the day, countries want to equip their people with the best gear.

SEOUL, South Korea (AP) — Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy.

Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents more than 70,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fueled by the global boom in artificial intelligence.

After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung-ho told reporters that unionized workers will begin an 18-day strike from Thursday.

Both the union and the management held each other responsible for a failure to reach a deal. Choi accused management of refusing to accept a government-mediated proposal whose details he refused to disclose. The management accused the union of calling for excessive compensation packages for workers at loss-making units.

The two sides said they will continue efforts to reach a deal. The two sides met again Wednesday afternoon at the arrangement of Labor Minister Kim Younghoon, according to Kim’s ministry.

Samsung and its cross-town rival, SK Hynix, together produce about two-thirds of the world’s memory chips, which are seeing surging demand driven by AI. Samsung said last month its operating profit for the January-March quarter jumped eightfold to a record 57.2 trillion won ($38 billion).

Union leaders have demanded a compensation structure in which Samsung would commit to spend 15% of its annual operating profit on employee bonuses and scrap bonus caps, which are currently set at 50% of annual salaries. The company says the demands are excessive, citing the highly cyclical nature of the semiconductor business.

Prime Minister Kim Min-seok, the government’s No. 2 official after President Lee Jae Myung, said in a televised statement Sunday that the strike could cause up to 100 trillion won ($66 billion) in economic damage by disrupting Samsung’s highly complex semiconductor manufacturing processes.

The planned strike also has a potential global impact. Given that supply in the global memory semiconductor market is struggling to keep up with demand, the Samsung strike was expected to further drive up prices and push back AI infrastructure investments in other countries, said Lee Jun, an expert at the Korea Institute for Industrial Economics and Trade.

The strike was expected to hurt operations of Samsung’s production of smartphones and other consumer electronics as well, observers say.

A local court on Monday partially granted the company’s request for an injunction against the planned strike, ruling that the union must maintain certain staffing levels to prevent damage to facilities and materials and ensure safe operations. The Suwon District Court also barred unionists from occupying key facilities and offices.

NEW YORK (AP) — Call him the Trader in Chief.

Recent presidents have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen, but Donald Trump smashed that precedent in the first quarter of this year with more than 3,600 buy and sell orders, many of them involving companies whose profits have been directly impacted by his decisions as head of the government.

Among the Trump trades in a recent report filed with a federal ethics agency was as much as $6 million in Nvidia, whose advanced chips Trump approved for sale to China last year. His portfolio also scooped up stocks of several U.S. military suppliers impacted by the Iran war, including Lockheed Martin, General Dynamics and Northrop Grumman.

“If he were defense secretary, he would be committing a crime,” said Richard Painter, the chief White House ethics adviser in the George W. Bush administration and a big critic of congressional trading, too. “Technically he can do this, but it is a fundamental breach of trust.”

U.S. law bans federal employees from holding financial assets that could be impacted by their policy work, but there is a carveout for the president.

A spokesperson for the Trump family business said the president’s portfolio is handled by third parties that have “sole and exclusive” authority to make investment decisions.

“Neither President Trump, his family, nor The Trump Organization plays any role in selecting, directing, or approving specific investments,” spokesperson Kimberly Benza said in a statement. “They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management.”

Ethics officials have pointed out that just the knowledge of what’s in his portfolio is problematic because it could impact the president’s decisions on everything from health policy to government contracting to war.

The stock trading report filed with the federal Office of Government Ethics runs more than 100 pages, and shows possibly more than $100 million changing hands over three months as stocks were bought and sold at rapid fire pace — an average of 50 trades every day markets were open.

The report shows more purchases than sales, but the precise ratio is impossible to determine because exact figures for each transaction are not given, just ranges.

Trump has traditionally had very little invested in the stock market relative to his net worth, but that could be changing along with his ballooning wealth, which has included a big cash infusion.

Since he became president again, the Trump Organization has taken in tens of millions in upfront fees from overseas developers that want to put his name on resorts and hundreds of millions from cryptocurrency sales, mostly anonymous, making it impossible to know if the purchaser were trying to curry favor with the president.

All recent U.S. presidents have dumped their stocks before assuming office, put their money in broadly diversified funds or set up a “blind” trust so they couldn’t even know what they owned.

The blind trust route was taken by George H.W. Bush, then Bill Clinton. George W. Bush, the son, dumped his stocks. Barack Obama was in broadly diversified mutual funds. Joe Biden didn’t trade.

In addition to Nvidia, the president’s portfolio includes shares in Apple, Boeing and Tesla. The CEOs of all four companies accompanied Trump on his visit to China recently.

The portfolio also includes Intel, the chipmaker in which the government took a 10% stake last year.

Among many others, the portfolio of the fast-food loving president recently added stock in Shake Shack, Papa John’s and Cheesecake Factory.

Google will soon unleash a wealth of new artificial intelligence-powered tools and systems, including an AI assistant that will help users by proactively performing tasks on their behalf.

“Agentic” AI, the recent buzzword of choice for tech firms, was a central focus of Google’s annual developers conference, Google I/O. The upcoming AI agent, Gemini Spark, was one of many of the company’s announcements from the conference Tuesday.

“We are firmly in our agentic Gemini era,” Google CEO Sundar Pichai said Tuesday before a packed amphitheater near the company’s Mountain View, California, headquarters. “I’ve played around with all sorts of agents and you can really see the potential, but it’s still early days when it comes to making agents easy to use, super secure and truly helpful.”

Google and its corporate parent, Alphabet Inc., have poured billions into AI development. Its top finance executive said on a call with investors in late April that this year’s capital expenditures may climb as high as $190 billion. But the investment seems to be paying off, with its quarterly earnings showing strong growth. The stock has climbed another 11% since the report last month.

Pichai said during the keynote address that the Gemini app had 400 million monthly active users last year, but that usership has now surpassed 900 million, more than doubling in a year.

The latest version of Gemini is here

Google’s latest family of models, Gemini 3.5, is rolling out Tuesday to billions of global users beginning with Gemini 3.5 Flash. The Flash model is focused on speed, and Google says 3.5 Flash is its strongest agentic and coding model yet, but it’s also about four times faster than some competitors.

This model is now the default for the Gemini app and “AI mode” on Google search. The company is also working on the 3.5 version of Gemini Pro, which it says it’s using internally and expects to launch next month.

Gemini 3.5 was developed with new, more advanced safety training and mitigations, meaning its models are less likely to generate harmful content or to mistakenly refuse to answer safe queries, the company said.

Google also announced a new model, Gemini Omni, which will enable users to create high-quality video by making a query with any input, be it text, images, videos and audio. The video Omni creates can then be edited easily though a conversation with the model. Users will eventually be able to create images and audio with Omni, but there were no details about when those features will be rolled out.

The company said Omni’s videos will appear more realistic than videos created by other models because of its understanding of forces like gravity, kinetic energy and fluid dynamics.

Gemini Omni Flash, the first of the Omni family, is launching Tuesday for Google Al Plus, Pro and Ultra subscribers through the Gemini app and Google Flow. Beginning this week, it will be available at no cost on YouTube Shorts and YouTube Create App.

All videos created with Omni will include Google’s imperceptible digital watermark, SynthID, but Google is also adding content credentials verification to the Gemini app. This tool determines if content like photo or video was created by AI or captured with a phone camera and edited with AI tools. It will be available in search in Chrome in the coming months. Google also announced AI companies Open AI, Kakao and Eleven Labs are adopting its SynthID technology to more of their AI-generated content.

A 24/7 agent and wearable AI

Powered by Gemini 3.5, Gemini Spark will be able to complete mundane, routine tasks like sorting through meeting notes, emails and chats and then creating a document with the biggest takeaways and to-dos. Unlike other available agents, Spark is based in the cloud, so it continues working in the background even when users shut their laptops or lock their phones.

The proactive nature of AI agents is what differentiates them from chatbots, and that has also led to some anxieties about the technology’s power. Gemini Spark is designed to ask for permission before performing “high-stakes” tasks like sending an email or making a purchase, the company said.

Select testers will have access to the agent beginning Tuesday, and the company plans to roll out the beta mode to U.S.-based subscribers to its Google AI Ultra tier.

Later this summer, Gemini Spark will operate directly within Chrome, the company said.

Among the many AI-centric announcements at the conference was an update on the long-awaited smart glasses from Google, of which there will be two kinds: audio glasses that offer spoken help in your ear, and display glasses that provide information visually. The audio glasses will come first, with the company expecting them to arrive later this fall. Users will be able to say “Hey Google” or tap the side of the frame to access Gemini, which will then assist with navigation, managing communication on their phone, real-time translations and other tasks.

Google partnered with Samsung and eyewear brands Gentle Monster and Warby Parker to create the glasses and gave the first look at two designs on Tuesday, with sunglasses from Gentle Monster and glasses from Warby Parker. Those designs will launch as part of the eyewear brands’ full collections later this year, Google said.

More AI in search and shopping

At last year’s conference, the most talked-about development was the introduction and rollout of “AI mode” on Google’s search engine. The feature gives users a more conversational answer to their query before providing relevant links, building on previously implemented changed how users experience and interact with the platform.

AI mode queries have more than doubled every quarter since its launch last year, and the tool recently surpassed 1 billion monthly users, according to Liz Reid, Google’s head of search.

The new default model in search will now be Gemini 3.5 Flash and the company is introducing what it calls an intelligent search box. This change, which Reid says is the biggest upgrade to the search box in 25 years, means the box will adapt to accommodate longer queries and it can help users write out their questions with AI-powered suggestions instead of traditional autocomplete.

Users can also search using multiple modalities, using text, images, video, files and even Chrome tabs as search inputs. The new search box is starting its roll out Tuesday in all countries and languages where AI mode is currently available.

The company also announced a new tool, the Universal Cart, which it called “a truly intelligent shopping cart.” It works across merchants and across services so users can add things to their cart while browsing Google search, chatting with Gemini, watching YouTube, or reading emails in Gmail. The cart then runs on Gemini models to go to work as soon as an item is placed in the cart, looking for deals and price drops, providing price history information and alerting users when something comes back in stock.

The Universal Cart tool will be available to users on search and the Gemini app this summer, with YouTube and Gmail to follow.

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Associated Press Writer Barbara Ortutay in Oakland, California contributed to this story.

WASHINGTON (AP) — A panel of appellate judges appeared to be divided on Tuesday over a legal dispute between the Pentagon and technology company Anthropic, which claims Defense Secretary Pete Hegseth unlawfully and falsely branded it as a national security risk for raising ethical and safety concerns about AI usage in war.

Three judges from the U.S. Court of Appeals for the District of Columbia Circuit didn’t indicate how soon they would rule on Anthropic’s appeal, but some of their questions and remarks hinted at how they might decide the case.

Judge Karen LeCraft Henderson said she sees no evidence to support the Pentagon’s determination that Anthropic poses a supply-chain risk to national security.

“To me, this is just a spectacular overreach by the (Defense) Department,” said Henderson, who was nominated by Republican President George H. W. Bush.

Judge Neomi Rao, who was nominated by Republican President Donald Trump, questioned what basis the court could have for second-guessing Hegseth’s judgment. The Pentagon’s dispute with Anthropic centers on how AI technology can be used in fully autonomous weapons and potential surveillance of Americans.

“I take the secretary to be making more general points than the ones that you’ve identified,” Rao told Anthropic attorney Kelly Dunbar. “It’s about risk, and they say, ‘Well, based on what we know, we can’t trust that the (AI) model may not have something embedded within it that is going to create a problem for military capabilities.”

Anthropic filed lawsuits in Washington, D.C., and San Francisco after the Pentagon designated the San Francisco-based company as a supply chain risk and Trump ordered all federal agencies to stop using its technology. Anthropic claims the Pentagon is illegally retaliating against it by stigmatizing it with a designation meant to protect against sabotage of national security systems by foreign adversaries.

Anthropic says neither lawsuit seeks to force the government to contract with the company. But it claims that it has been irreparably harmed by Hegseth’s supply-chain risk designation.

Earlier this month, the D.C. circuit rejected Anthropic’s request for an order that would have blocked the Pentagon’s actions while the company’s appeal is pending.

In a separate but related case, a federal judge in San Francisco ruled in Anthropic’s favor last month and blocked the Pentagon from labeling Anthropic as a supply-chain risk.

In a court filing ahead of Tuesday’s hearing in Washington, Anthropic said it can’t manipulate its AI tool Claude once it is deployed in classified Pentagon military networks.

But a Justice Department attorney, Sharon Swingle, told the D.C. Circuit judges that Anthropic clearly has the ability to interfere with the Pentagon’s usage of the company’s AI model “for critical military operations.”

“It’s undisputed that the failure of the model in active military operations could have catastrophic national-security consequences and put service members’ lives at risk,” she said.

Dunbar said Hegseth’s designation of Anthropic as a supply-chain risk “defied congressionally mandated procedures, exceeded statutory limits and violated the Constitution.”

“For the first time ever, the secretary turned a powerful national security authority against an American company, and he did so to gain leverage in a contract dispute,” Dunbar said.

Judge Gregory Katsas, another Trump nominee, also heard Tuesday’s arguments.