AMD to Enhance Software Development with Silo AI AcquisitionAdvanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […]
China Outpaces U.S. with Six Times More Patents - Is America Falling Behind?Over the past ten years, there have been 54,000 patent applications related to generative AI worldwide, with 25% of them filed in 2023.
Nvidia's Stock: Is the Bubble About to Burst?US Wall Street market analysis firm, adjusted its investment opinion on Nvidia from "buy" to "neutral" the previous day.
Putin and Kim's Secret Funland Revealed - Thanks to AI?Numerous photos featuring rare sights of Putin and Kim appeared on X (formerly Twitter) and other social media platforms.
Google's Dirty Secret: AI Development Blamed for 13% Rise in EmissionsGoogle disclosed in its annual environmental report that the company's greenhouse gas emissions increased by 13% from the previous year.
Nvidia's Secret Black Market: Chips Sold Illegally in China - Here's How They're Doing ItNvidia's advanced semiconductors, crucial for AI development, are widely distributed in China through the black market.
China Leads New AI Resolution at the U.N., Gaining Global SupportA resolution on artificial intelligence led by China was unanimously adopted at the United Nations General Assembly.
Predicting the Unpredictable: AI Enhances Typhoon ForecastingA team led by Professor Im Jung Ho of the Department of Earth and Environmental Urban Engineering at the Ulsan National Institute of Science and Technology (UNIST) has developed a technology predicting the intensity of typhoons with advanced precision combining real-time satellite data and deep learning technology. The Hybrid Convolutional Neural Network (Hybrid-CNN) model objectively […]
Nvidia Backs Lambda Labs in Massive $800 Million Capital BoostLambda Labs, a partner of Nvidia, is currently in talks to raise an additional $800 million, according to the Financial Times (FT) on June 29. Lambda, a cloud infrastructure startup, rents servers that utilize Nvidia’s AI graphics semiconductors (GPUs). This move aims to secure GPUs, which are currently in short supply, by leveraging the AI […]
How NVIDIA's Early Bet on AI Paid Off Big TimeOn June 26, Nvidia CEO Jensen Huang, stated, “Nvidia’s dominance in the AI chip field was due to a decision made over a decade ago.” Speaking at the annual shareholders meeting that day, Huang said, “With billions of dollars in AI investments and a team made up of thousands of engineers, we have become an […]
Israel Pours $250 Million into National AI Program, Eyes Global LeadershipThe chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
How Short Sellers Cashed in on Nvidia's DeclineNvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
Senate Report Warns of AI Risks in Financial MarketsThe U.S. Senate raised concerns that the expanding use of artificial intelligence by hedge funds could pose risks to investors and the financial market. It remains uncertain whether the U.S. political arena will initiate regulations on this matter. According to industry sources on the 26th, the U.S. Senate Committee on Homeland Security and Governmental Affairs […]
Ukrainian YouTuber's Face Hijacked on Chinese Social MediaA large number of influencers on Chinese social media platforms have praised China while unauthorizedly using the face of a female YouTuber.
The AI Bubble: Bursting Soon? Nvidia and Others Lose GroundNVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
NVIDIA: A Titan in Tech, Yet Invisible in Brand RankingsAccording to CNBC on the 23rd (local time), AI chipmaker NVIDIA became the most valuable publicly traded U.S. company for the first time last week, but its brand recognition among the public is not on par. CNBC explained that NVIDIA failed to land on the list of 100 best-known brands released by Interbrand in November […]
Intel Announces Major Breakthrough in Processor Performance and IntegrationOn the 20th (local time), Intel announced at the annual VLSI Symposium that it is regaining its process leadership by offering cutting-edge foundry nodes with Intel 3 technology. The Intel Corporation stated, “Intel Foundry is doing its best to enable customers to exert greater capabilities for developing new applications by inheriting Moore’s Law using innovative […]
Revolutionary AI Algorithm Mimics Human Thought to Predict WalkwaysResearchers at the Gwangju Institute of Science and Technology (GIST), led by Professor Jeon Hae Gon from the AI Graduate School, have developed an artificial intelligence (AI) algorithm that predicts pedestrian paths by mimicking human thought processes using large language model (LLM) technology. This could be applied to pedestrian avoidance technologies in autonomous driving systems […]
Apple Hunts for AI Partners in China Amid Tech TensionsApple announced at the WWDC that it would partner with OpenAI to provide AI features linked with ChatGPT on its devices.
AI Sparks a New Era for Electric Grid, Says Nvidia CEO"The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."
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