# U.S. Supreme Court struck down President Donald Trump’s emergency tariff authority.

*genai · news · 2026-03-01 · Benzinga*

## Key points

- Microsoft partnered with Starlink to expand global AI-ready internet connectivity.
- Wayve, backed by Microsoft and Nvidia, raised $1.5 billion, reaching an $8.6 billion valuation.
- OpenAI launched the Frontier Alliances program, collaborating with four major consulting and tech firms.
- The U.S. Supreme Court striking down Trump's tariff powers risks destabilizing U.S.–Taiwan trade agreements.
- Ark Invest CEO Cathie Wood predicts AI will transform the service economy despite researcher warnings.

Sen. Mark Kelly (D-Ariz.) said artificial intelligence is changing the way people work quickly and called for practical rules to protect families while supporting innovation. Trade tensions between Washington and Taipei flared anew after the U.S. Supreme Court struck down President Donald Trump’s emergency tariff authority, prompting him to double down on criticism of Taiwan’s semiconductor dominance and swiftly roll out new tariffs. Taiwan is moving quickly to preserve recently negotiated trade benefits with the United States after the U.S. Supreme Court struck down President Donald Trump’s emergency tariff authority, injecting fresh uncertainty into U.S.–Taiwan trade relations. Earnings Release Broadline Retail, Social Media & Smartphones Software & Semiconductor Microsoft is accelerating its push to close the global digital divide, pairing a significant connectivity milestone with a new Starlink partnership to expand AI-ready access worldwide. Aerospace & Automotive British robotaxi startup Wayve announced that it had raised $1.5 billion in fresh funding to bolster its global operations, pushing the Microsoft and Nvidia-backed company's valuation to $8.6 billion. Robotics & Artificial Intelligence OpenAI disclosed the launch of its Frontier Alliances program, pairing its enterprise AI platform with four of the world's largest consulting and technology firms to accelerate the deployment of AI agents inside corporate systems. Ark Invest CEO Cathie Wood is doubling down on her conviction that AI will revolutionize the service economy, sparking a heated debate with researchers who warn of a looming systemic collapse.

**Companies:** Microsoft, Nvidia, Wayve, OpenAI
**Countries:** United States, Taiwan

[Read the full story on Benzinga](https://www.benzinga.com/markets/market-summary/26/03/50954241/consumer-tech-news-feb-23-27-us-taiwan-trade-tensions-escalates-amazon-invests-12b-in-us-more)

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