artificial intelligence - CybAI news

06 Aug

SK Hynix Wins $950 Million of US Grants, Loans for AI Chip Site

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SK Hynix Inc. is set to receive an initial $450 million in US grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana, a project that will bolster US capacity for a critical part of the artificial intelligence supply chain.The $3.87 billion site will package high-bandwidth memory chips for use with AI chipmakers such as Nvidia Corp., an area that the Korean company dominates. SK Hynix is expected to ship its own memory chips from South Korea to its US facility, according to a Commerce Department official who requested anonymity to brief reporters…

06 Aug

OpenAI Co-Founders Schulman and Brockman Step Back

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Greg Brockman, the president of OpenAI and a central figure at the company, said he is is going on leave until the end of the year. At the same time, researcher John Schulman is leaving for rival artificial intelligence startup Anthropic. Both men are OpenAI co-founders, and their moves mark a shift at the company following already significant management churn this year. Source link lol

06 Aug

Fujitsu Struggles to Find Workers to Expand in IT Consultancy

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Fujitsu Ltd. is having trouble winning the tech workers it needs to expand its IT consultancy arm and take on bigger system integrators like Accenture Plc.The Tokyo-based company, which is fighting to differentiate itself in Japan’s crowded industrial electronics sector, was targeting a five-fold expansion in its consultancy team to 10,000 workers in the business year to March 2026. But making headway has been tough, according to Corporate Executive Officer Yoshinami Takahashi. Source link lol

06 Aug

SoftBank to Log Slim Profit Ahead of Masayoshi Son’s Next AI Bet

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SoftBank Group Corp. is likely to report a small profit, an indication of how past mistakes continue to weigh on the company even as billionaire founder Masayoshi Son prepares his next big AI bet.Emerging from a month of sharp selloffs, the Tokyo-based investment firm on Wednesday is expected to report a net income of ¥1 billion ($6.9 million) for the June quarter, according to the average of three analysts polled. That compares with a big loss of ¥477.6 billion a year ago, but is tiny compared with profits in the preceding two quarters, attesting to the continued drag from hundreds…

06 Aug

Xiaomi-Backed AI Chipmaker Black Sesame Prices Hong Kong IPO at Bottom of Range

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Black Sesame International Holding Ltd. has priced its Hong Kong initial public offering at the low end of the marketed range, people with knowledge of the situation said, as the recent global selloff in stocks piles extra pressure on new share issues. Black Sesame, which designs chips for autonomous driving systems and is backed by Xiaomi Corp., was offering 37 million shares at HK$28 to HK$30.30 each. At HK$28 per share, the IPO raised HK$1.04 billion ($133 million), still making it one of the biggest in Hong Kong this year. Source link lol

06 Aug

Nvidia’s Next-Generation AI Chip Rollout Slowed by Engineering Snags

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Nvidia Corp. hit engineering snags in the development of two new advanced chips, slowing the release of some products designed to extend its lead in the market for artificial intelligence computing.The delays affected the company’s highly anticipated Blackwell lineup, which Nvidia announcedBloomberg Terminal in March, according to people familiar with the situation. A version of the chip — known as an AI accelerator — is being reworked to better work with data center infrastructure designed for an earlier chip, the Hopper H100. Source link lol

05 Aug

Apple’s Shift to AI Is Poised to Soften Blow From Google Ruling

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Google’s defeat in an antitrust suit filed by the Justice Department has cast a shadow over partner Apple Inc., which generates roughly $20 billion a year in payments from the internet search giant. Apple shares slipped almost 5% on Monday after a judge ruled that Google’s payments to device makers — made in return for its search engine getting preferential placement — were illegal. The decision handed a win to the Justice Department in its first major antitrust case against Big Tech in more than two decades. Source link lol

05 Aug

Palantir Ups Profit Outlook, Says AI Has ‘Transformed’ Business

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Palantir Technologies Inc.’s stock jumped in extended trading after the company raised its annual outlook, citing continuing demand for its artificial intelligence software.Palantir also topped analyst estimates for sales and profit for the quarter, helping send its stock up more than 15% after the results were released. Source link lol

05 Aug

Zoom Is Going After Google and Microsoft With AI-Driven Docs

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Starting Monday, Zoom users will have the option to open a document tool from within their video calling app and create sharable files based on their meetings—but they’ll also be prompted to use generative AI to help them write and edit them. This new feature, essentially Zoom’s version of docs, is the latest effort to compete with Microsoft and Google to become an everything workplace for businesses.The docs feature Zoom’s AI Companion, a generative tool built on LLM models from OpenAI, Anthropic, Meta, and the company's own models, unveiled last fall. It can take a meeting transcript and organize it…

02 Aug

A New Trick Could Block the Misuse of Open Source AI

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When Meta released its large language model Llama 3 for free this April, it took outside developers just a couple days to create a version without the safety restrictions that prevent it from spouting hateful jokes, offering instructions for cooking meth, or misbehaving in other ways.A new training technique developed by researchers at the University of Illinois Urbana-Champaign, UC San Diego, Lapis Labs, and the nonprofit Center for AI Safety could make it harder to remove such safeguards from Llama and other open source AI models in the future. Some experts believe that, as AI becomes ever more powerful, tamperproofing…