Seeking Alpha’s roundup of statements, announcements, and remarks that could impact the technology sector.
- Federal Housing Finance Authority Director Bill Pulte said Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are exploring taking equity stakes in tech companies.
“We have some of the biggest technology and public companies offering equity to Fannie and Freddie in exchange for Fannie and Freddie partnering with them in our business,” Pulte said Friday at an industry event, according to Bloomberg.
“We’re looking at taking equity stakes in companies that are willing to give it to us because of how much power Fannie and Freddie have over the whole ecosystem,” he added.
Pulte added that the Trump administration will likely decide by early next year on whether to hold IPOs for the government-backed financing entities.
- A key researcher for China’s DeepSeek (DEEPSEEK) said AI developers must act as “defenders” of society in order for AI not to have a major negative impact.
“In the next 10-20 years, AI could take over the rest of work [humans perform] and society could face a massive challenge, so at the time, tech companies need to take the role of ‘defender’,” said DeepSeek’s Chen Deli said at Chinese tech conference, according to Reuters.
“I’m extremely positive about the technology, but I view the impact it could have on society negatively,” he added
- Nvidia (NVDA) CEO Jensen Huang said there were “no active discussions” about its advanced Blackwell AI chip being sold in China.
The Trump administration has prevented sales of Blackwell chips to China over national security concerns, although it has entertained the idea of Nvidia being able to sell a scaled-down version of the product.
“Currently, we are not planning to ship anything to China,” Huang told reporters Friday during a trip to Taiwan, according to Reuters.