SEC filing: Nvidia says it will record a $5.5B quarterly charge after new US rules to require a license to export the H20 chips to China; NVDA drops ~5%
Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.
Sources: TSMC is close to finalizing specs for a new chip packaging method, known in the industry as “panel-level”, to meet rising demand for powerful AI chips
TAIPEI — Taiwan Semiconductor Manufacturing Co. is close to finalizing the specifications for a radically new approach …
AMD announces its first 2nm silicon fabricated on TSMC's N2 process, set to debut on its sixth-gen EPYC “Venice” chip, which is expected to launch in 2026
Anton Shilov / Tom's Hardware :
Sources: Intel and TSMC have reached a preliminary agreement to form a joint venture that will operate Intel's chipmaking facilities; TSMC will take a 20% stake
Intel's financial crisis may be over—with support from its biggest rival. — Executives from Intel and Taiwan Semiconductor …
Intel Vision conference: CEO Lip-Bu Tan says that Intel plans to spin off non-core assets, create new products including custom chips, hire engineers, and more
Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren't central to its mission …
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
Some early Manus users say the agentic AI is no panacea, with long waits, errors, unsatisfying answers, and endless loops often plaguing the experience
Manus, an “agentic” AI platform that launched in preview last week, is generating more hype than a Taylor Swift concert.
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to th...
DeepSeek-V3 sometimes identifies itself as ChatGPT when asked which model it is; some speculate that its training datasets may contain text generated by ChatGPT
Kyle Wiggers / TechCrunch :
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
Investment, more than export controls, will keep the U.S. ahead of Beijing, Commerce secretary says
ChatGPT refuses to state some names, possibly due to digital privacy requests or a post-prompt handling bug; OpenAI may have fixed the viral “David Mayer” issue
Users of the conversational AI platform ChatGPT discovered an interesting phenomenon over the weekend …
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
Meta's Reality Labs posts Q3 revenue up 29% YoY to $270M, vs. $310.4M est., and a $4.4B operating loss, vs. $4.68B est.; Reality Labs has lost $58B+ since 2020
Jonathan Vanian / CNBC :
Sources: Apple rethinks its movie strategy, including rolling back theatrical releases and cutting budgets for most to under $100M, after some box office misses
Bloomberg :
Hands-on with Meta's Orion: needs a wireless processor puck, weighs only 100g, is packed with sensors, and has good eye tracking and a wide FoV for AR glasses
Meta CEO Mark Zuckerberg calls them “The most advanced glasses the world has ever seen.” — I wore Mark Zuckerberg's contact lenses.
Meta unveils an Orion prototype, its first AR glasses, with a 70-degree FoV, a wireless neural input wristband, silicon carbide lenses, and micro-LED projectors
they could put the iPhone on notice Peter Kafka / Business Insider : I tried out Meta's Orion computer glasses. I'd buy them in a heartbeat — if they were actually for sale. Jon Ke...
A Google DeepMind research scientist details some LLM use cases and argues LLMs are not overhyped and should be judged on what they can do, not what they can't
I don't think that “AI” models (by which I mean: large language models) are over-hyped. — Yes, it's true that any new technology will attract the grifters. And it is definitely ...
A profile of CrowdStrike, founded in 2011 and used by 300 companies in the Fortune 500; Gartner: CrowdStrike has ~15% of the global security software market
The little-known company is very popular in Corporate America, contributing to the severity of the global IT outage
Experts say CrowdStrike's fix requires deleting a specific file and that cannot be automated at scale, meaning outages could persist for longer than expected
and what the chaos serves to remind us about Katie Collins / CNET : Microsoft Outage: CrowdStrike Update Affects Flights, Hospitals and Businesses Globally Robert Greenall / BBC : ...
Ilya Sutskever, Daniel Gross, and Daniel Levy announce Safe Superintelligence, a US startup “with one goal and one product: a safe superintelligence”
Superintelligence is within reach. Building safe superintelligence (SSI) is the most important technical problem of our time.