Daily Recap

Thursday, 21 May 2026

Artificial intelligence is driving both ambition and anxiety across the tech world today. In Washington, President Trump abruptly delayed a planned executive order on AI after reportedly objecting to provisions around cybersecurity and voluntary model testing, underscoring how hard it is to balance safety with a race for competitiveness. On Wall Street, JPMorgan’s Jamie Dimon offered a glimpse of that future already arriving, saying the bank will need more AI specialists and fewer traditional bankers as automation spreads through finance. The global AI supply chain is moving just as quickly: AMD says it will invest more than $10 billion in Taiwan to deepen partnerships in advanced chip manufacturing and packaging for next-generation systems. Meanwhile, regulation is tightening elsewhere, with Australia fining Elon Musk’s X over its failure to respond to a child safety notice, as New Zealand courts Australian founders with a tax-friendly pitch of its own.

Recap for Thursday, 21 May 2026

Photos from today's Tech coverage
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