Welcome to Tech Beat, your daily look at the stories shaping our digital world.
Kevin O'Leary is making headlines after claiming that Chinese propaganda is behind the growing backlash against data centers in the United States. O'Leary alleges hundreds of millions of dollars are being spent to undermine American AI dominance, a position the Trump administration has echoed. Critics, however, say that framing local opposition as foreign interference conveniently sidesteps legitimate community concerns about water use, noise, and land.
Shifting to semiconductors, Huawei's rotating chairman offered a striking moment of candor this week, publicly thanking Washington for its export restrictions on chips. His argument is hard to dismiss — the bans pushed Chinese firms to invest heavily in their own research and development, and the result is an increasingly self-sufficient tech stack. The unveiling of Huawei's new LogicFolding chip architecture underscores just how much ground China has covered since those restrictions took hold.
And on the financial side, SpaceX has filed to go public, and The Verge is not mincing words. Analysts are warning that the structure of this offering benefits Elon Musk far more than ordinary investors, drawing uncomfortable comparisons to the WeWork debacle — though with significantly higher real-world stakes given SpaceX's role in national infrastructure.
Keep surfing. Tech Beat out.
