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AI & Enterprise

China's big tech accelerates move away from Nvidia even as H200 availability floated

China's big tech companies said they will step up production and adoption of their own AI chips this year, accelerating localisation of key AI infrastructure parts even as a possible return by Nvidia to China is being discussed. Tencent and Alibaba outlined plans to expand use of China-designed semiconductors and in-house chips. Reuters reported U.S. approval for some H200 purchases, but supply remains unclear, and Chinese firms may not place orders.

Crypto

CME, Nasdaq to launch crypto index futures in June

CME Group will launch index futures tracking seven cryptocurrencies, including bitcoin and ether, on June 8. The product, called Nasdaq CME Crypto Index futures, is designed to provide simultaneous exposure to multiple digital assets in a regulated market. The index is market-cap weighted and will be cash-settled at expiry using the index reference price. CME said average daily volume in its crypto derivatives has risen 43 percent this year.

AI & Enterprise

Meta introduces fully private AI chat feature

Meta is introducing a private AI chat feature for WhatsApp and the Meta AI app that is designed so even the company cannot read the conversations. The new mode, called Incognito Chat with Meta AI, does not save chats by default and messages disappear. Meta said it runs on WhatsApp’s Private Processing technology, with computing done in a secure environment inaccessible to Meta. The rollout will be phased over the coming months.