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Trump, Zuckerberg, Musk and Nvidia: This Week in AI

benzinga_article
Oct 4, 2026 at 01:00 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

This week, AI dominated headlines as Trump considered equity stakes in OpenAI and Anthropic while unveiling a voluntary safety accord supported by Zuckerberg and Musk. Nvidia faced scrutiny over alleged server smuggling to China, whereas Amazon secured nuclear power for AI needs via a deal with Constellation Energy. Meanwhile, Micron reported strong Q4 earnings, surpassing analyst estimates.

Artificial intelligence remained at the center of this week’s biggest technology and business stories, with Washington, Wall Street and corporate boardrooms all wrestling with the sector’s rapid expansion. From nuclear power and export controls to voluntary safety standards and potential government investment, the latest developments showed how AI is reshaping energy, trade and national policy.

Trump Considers Stakes In OpenAI and Anthropic

President Donald Trump is reportedly ruling out nationalizing artificial intelligence companies such as OpenAI and Anthropic, while considering whether the government could instead acquire equity stakes in the firms. The approach would resemble the government’s stake in Intel Corp.

Read the full article here.

Micron’s Fourth-Quarter Performance

Micron Technology reported fiscal fourth-quarter 2026 results after Wednesday’s closing bell, posting revenue of $54.23 billion. Revenue surpassed Benzinga Pro’s analyst estimate of $50.75 billion. The semiconductor company also reported adjusted earnings of $33.42 per share, exceeding the $31.45-per-share estimate.

Read the full article here.

Read Also: Accelevation Set to List Wednesday After Raising $540 Million in IPO Fueled By AI Data Center Demand

Nvidia Servers Allegedly Tied to China Smuggling Case

Authorities arrested Greg Lui, also known as Yiu Kong Lui, alleging that the 38-year-old California resident helped route more than $300 million worth of export-controlled computer servers to China without required licenses. The servers reportedly contained GPUs made by Nvidia Corp. Lui faces federal charges involving alleged violations of the Export Control Reform Act and Export Administration Regulations, outbound smuggling, and conspiracy to commit money laundering.

Read the full article here.

Amazon Turns to Nuclear Power for AI demand

Amazon.com Inc. signed a 20-year power purchase agreement with Constellation Energy Corp. to secure electricity from Maryland’s Calvert Cliffs nuclear plant. Under the deal, Amazon will purchase 690 megawatts from the 1,790-megawatt facility, Maryland’s only nuclear power plant. The agreement also unlocks a potential $3 billion investment as technology companies seek dependable electricity for growing AI operations.

Read the full article here.

Trump Unveils Voluntary AI Safety Agreement

President Trump brought executives from several major AI companies to the White House and introduced a voluntary pact focused on independent audits, stronger internal controls and board-level oversight of advanced AI systems. Trump released the White House Accord on Super Intelligence in a Truth Social post. The agreement was also described as a "Joint Commitment on Frontier Responsibilities." Mark Zuckerberg called it a "Significant Positive Step," while Elon Musk indicated support with a nod.

Read the full article here.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Read Also: Creators Build On Rented Digital Land – Digitalage Is Building The Infrastructure For Greater Control

Photo courtesy: Shutterstock

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