PRESS DIGEST-New York Times business news - July 15
July 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- Nvidia NVDA.O said on Monday in a blog post that the U.S. government had approved sales of a China-specific A.I. chip known as the H20. Nvidia will still need licensing approval from the U.S. government to fulfill those orders, but the Trump administration "has assured Nvidia that licenses will be granted," the company said.
- Cognition AI, an artificial intelligence start-up that offers a software coding assistant, said it had bought rival Windsurf as part of an escalating battle to lead in the technology.
- Meta's META.O newly formed super-intelligence lab has discussed abandoning the company's most powerful open source A.I. model, called Behemoth, in favor of developing a closed model.
- The U.S. Supreme Court agreed that the Trump administration can proceed with dismantling the Education Department by firing more than a thousand workers.
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