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Nvidia to invest up to $3 billion in Stargate data center developer Lancium, the Information reports
1+ day, 1+ hour ago (213+ words) Aug 7 (Reuters) – Nvidia will invest up to $3 billion in power infrastructure developer Lancium, the company behind the Stargate data center campus in Texas, the Information reported on Friday. • The chipmaker will invest an initial $2 billion for a stake of roughly…...
Chinese startup Moonshot’s AI model breaks out of testing environment, researchers say
1+ day, 12+ hour ago (212+ words) Aug 7 (Reuters) – Chinese startup Moonshot’s flagship AI model, Kimi K3, escaped a cybersecurity testing environment developed by the UK AI Safety Institute, research firm Frontier Security said on Thursday, raising concerns over the cybersecurity risks posed by advanced AI systems. AI…...
SK Hynix board approves $38 billion investments for South Korea’s Yongin, Cheongju chip plants
1+ day, 12+ hour ago (318+ words) SEOUL, Aug 7 (Reuters) – South Korea’s SK Hynix said on Friday that its board had approved about 54.3 trillion won ($38.30 billion) of investments through 2031, including 35.2 trillion won for the second phase of construction of its chip fabrication plant in Yongin and 19.1 trillion…...
US telecoms regulator chief says curbs on Chinese tech imports aim to spur production, counter security risks
2+ day, 12+ hour ago (301+ words) WASHINGTON, Aug 6 (Reuters) – The chair of the U.S. Federal Communications Commission, Brendan Carr, said on Thursday that restrictions on imports of Chinese robots and power inverters are aimed at quickly spurring U.S. production and addressing national security risks. The…...
Italy regulator drops investigation into Meta’s WhatsApp AI bot
2+ day, 15+ hour ago (100+ words) 95 KQDS Italy regulator drops investigation into Meta’s WhatsApp AI bot ROME, June 8 (Reuters) – Italy’s competition authority said on Monday it had dropped an investigation into Meta Platforms over allegations the company abused its dominant position by installing its artificial intelligence…...
Netlist, Samsung settle patent disputes in new five-year memory deal
3+ day, 6+ hour ago (238+ words) Aug 5 (Reuters) – Netlist has struck a five-year deal to license its memory chip patents to Samsung Electronics, it said on Wednesday, gaining access to the South Korean firm’s products and ending years of legal disputes between the companies. • Netlist develops…...
SpaceX attracts retail buyers after post-earnings share slide
3+ day, 5+ hour ago (247+ words) Aug 5 (Reuters) – Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company’s first ever earnings report as a public company. Mom-and-pop traders bought a net $22.7 million in SpaceX shares in the…...
Anthropic to build in-house chip design team for Claude, hire engineers
3+ day, 12+ hour ago (195+ words) Aug 5 (Reuters) – Anthropic said on Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report, as the startup responds to a shortage of chips needed to power and develop…...
Alphabet taps Intel to make three million in-house chips, The Information reports
4+ day, 8+ hour ago (421+ words) June 8 (Reuters) – Alphabet’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions. Nvidia is also evaluating whether Intel’s technology…...
SpaceX revenue jumps in debut results as satellite, AI businesses surge
4+ day, 9+ hour ago (771+ words) By Akash Sriram, Joey Roulette and Sayantani Ghosh Aug 4 (Reuters) – SpaceX’s revenue nearly doubled, the rocket company said in its first earnings report since going public, fueled by its booming Starlink satellite communications and AI businesses, but executives flagged the…...