Google awaits judge’s order, Blackstone executive killed in NYC shooting, Figma raises IPO price range, and more news to start your day.

The Model-Chip Ecosystem Innovation Alliance, launched by the AI model developer StepFun, is a consortium that connects AI companies and chipmakers — including Enflame, Huawei, Biren, and Moore Threads — to develop end-to-end AI technologies entirely within China.

From liquefied natural gas exports to uranium enrichment, the Trump message is consistent: deregulate, drill, and build. Trump’s coalition is not anti-technology — in fact, it is aggressively trying to corner the energy inputs required for technological supremacy, even if it means tearing up climate policy to get there.

Democratic lawmakers expressed “grave concern” to Commerce Secretary Howard Lutnick after the administration approved Nvidia’s exporting chips to China, loosening controls imposed on national security grounds.

The new framework suggests a strong US open-source AI network has “geostrategic value” because it could underpin businesses and academic research globally.

Star founders, Beijing officials and deep-pocketed financiers converge on Shanghai by the thousands this weekend to attend China’s most important AI summit. At the top of the agenda: how to propel Beijing’s ambitions to leapfrog the US in artificial intelligence — and profit off that drive.

U.S. senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents and Taiwan, emphasizing security and human rights as President Donald Trump focuses on trade with Beijing.

This is bad news for artists and media companies that want a say in how AI companies use their intellectual property.

China has called for a new global organization to address the AI threat. Getting the US to the table might be a challenge.