AI dominates week’s technology news from nuclear power to export controls

  • President Donald Trump considered government stakes in OpenAI and Anthropic while rejecting nationalization.
  • Micron reported $54.23 billion in fiscal fourth-quarter 2026 revenue and $33.42 adjusted earnings per share.
  • Amazon agreed to purchase 690 megawatts from Maryland’s Calvert Cliffs nuclear plant for 20 years.

Artificial intelligence shaped the week’s major technology and business developments across government, finance and corporate strategy. President Donald Trump was reportedly considering government equity stakes in OpenAI and Anthropic while ruling out nationalization, an approach that would resemble the government’s stake in Intel Corp. Micron Technology reported fiscal fourth-quarter 2026 revenue of $54.23 billion and adjusted earnings of $33.42 per share, beating Benzinga Pro analyst estimates of $50.75 billion and $31.45 per share, respectively. Authorities arrested Greg Lui, also known as Yiu Kong Lui, over allegations that he helped route more than $300 million of export-controlled computer servers containing Nvidia Corp. GPUs to China without required licenses. Amazon.com Inc. agreed to buy 690 megawatts of electricity from Constellation Energy Corp.’s Calvert Cliffs nuclear plant under a 20-year power purchase agreement, potentially unlocking a $3 billion investment. Trump also introduced a voluntary AI safety pact covering independent audits, internal controls and board oversight, called the White House Accord on Super Intelligence and described as a Joint Commitment on Frontier Responsibilities. Mark Zuckerberg called the agreement a Significant Positive Step, while Elon Musk indicated support with a nod. The roundup also cited Accelevation’s planned Wednesday listing after a $540 million IPO fueled by AI data center demand, and Digitalage’s effort to build infrastructure for greater control over rented digital land. Benzinga editors reviewed and published content partially produced with AI tools.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.