China is drafting rules to cap domestic purchases of Nvidia's H200 AI chips, opting for quotas and approvals rather than a full ban. Local firms have ordered over two million units at about $27,000 each, while Nvidia's inventory is roughly 700,000. The U.S. has cleared H200 sales to China, and Beijing will determine which companies receive chips and in what quantities.

CleanSpark has signed a definitive agreement to buy 447 acres in Brazoria County, Texas, to build large-scale AI and high-performance computing data centers as Bitcoin mining becomes less profitable. The new location can initially support 300 MW of power with expansion up to 600 MW, and combined with the firm's Austin County site, offers nearly 1 GW of potential capacity for AI customers. CleanSpark plans to serve both front-of-the-meter and behind-the-meter power needs, using Texas's strong grid to deliver reliable energy and long-term growth options. Rising mining costs and volatile margins are driving the company and other miners to diversify into AI and HPC infrastructure.

On January 14 2026, Chinese authorities ordered domestic firms to stop using cybersecurity software from more than 12 companies based in the United States and Israel, citing national security risks and potential data exposure. The decision affects major vendors such as Broadcom's VMware, Palo Alto Networks, CrowdStrike, Fortinet and Check Point Software Technologies, and is part of Beijing's broader push for technological self-reliance and a shift to local providers.

OpenAI struck a multi-billion agreement with Cerebras Systems to bring up to 750 megawatts of low-latency AI compute online over the next three years. The plan, set to roll out in tranches through 2028, complements a separate SB Energy partnership involving $500 million from each party and a 1.2 GW data center in Milam County.

According to Chainalysis, crypto theft totaled at least $14 billion in 2025, surpassing $12 billion in 2024. AI-enabled operations earned over $3.2 million per scheme, with daily income of $4,838 versus $518 without AI. In July and December 2025, separate reports and charges highlighted deepfake tactics and a $16 million case involving Coinbase users.

In the week of January 14, 2026, Meta began eliminating more than 1,000 roles, or about 10% of its Reality Labs workforce, and shutting several VR game studios after the division accumulated over $70 billion in losses since 2020. The company is reallocating billions in spending from VR to AI and Ray-Ban-branded smart glasses, even as it keeps pushing Horizon Worlds toward mobile platforms despite modest user numbers and weak VR headset sales.

PayPal confirmed it will support Google’s Universal Commerce Protocol, with its payment option set to appear in a new AI-driven checkout introduced on Sunday at the NRF convention in New York. The move follows a collaboration announced last September and coincides with PayPal Ventures’ participation in Klearly’s €12 million Series A.

Meta plans to reduce headcount at Reality Labs by around 10%, which could affect roughly 1,500 employees, with an announcement possible as soon as Tuesday, according to the New York Times. The shift aligns with budget moves toward AI and wearables as the metaverse unit faces sizable losses and softer user adoption.