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Alibaba Unveils Its First Home-Grown AI Chip

Alibaba Unveils Its First Home-Grown AI Chip

Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Yotta Data Services in Mumbai has empowered India's tech landscape by acquiring Nvidia AI chips, a move set to democratize AI solutions for local businesses and startups.

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.

Tenstorrent Secures $100 Million Led by Hyundai and Samsung

Tenstorrent Secures $100 Million Led by Hyundai and Samsung

AI chip developer Tenstorrent has closed a $100M round led by Hyundai and Samsung. The funds will accelerate product development and AI chiplet design.

UK to Invest 100m Pounds in Global AI Chips Race

UK to Invest 100m Pounds in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

South Korean tech giant Samsung has announced a new revolutionary turnkey security solution to secure cryptocurrency transactions on its smartphones and tablets. Cryptocurrency transactions are one of the primary purposes of Samsung’s new Secure Element chip, which is expected to be available in Q3 2020. The solution involves a Secure Element (SE) chip S3FV9RR, which is Common Criteria Evaluation Assurance Level (CC EAL) 6+ certified. The new SE chip along with enhanced software is designed to offer higher protection for tasks including booting, isolated storage, mobile payment, and other applications.

eToro’s AI Copy Portfolio Trades on Sentiment

eToro’s AI Copy Portfolio Trades on Sentiment

The eToro trading platform launched its latest user copy portfolio on Tuesday, an artificial intelligence (AI) tool that trades on the sentiments of 850,000,000 daily tweets.

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