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Meta Knew AI Training Data Included Pirated Books, Authors Claim

Meta Platforms allegedly used pirated versions of copyrighted books to train its artificial intelligence systems, a group of authors is claiming in court documents, as reported by Reuters. The authors, including comedian Sarah Silverman and Ta-Nehisi Coates, are suing Meta for copyright infringement. The authors, who filed the lawsuit in

Musk Seeks Auction of OpenAI Stake in Legal Battle

Elon Musk is seeking a court-ordered auction of OpenAI's charitable assets to determine their fair market value, Reuters reports, citing sources familiar with the matter. This move is part of Musk's ongoing legal battle to block OpenAI's corporate restructuring. In a letter to the

McCourt Consortium Bids to Acquire TikTok's US Assets

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt has proposed a formal bid to ByteDance for TikTok's US assets, according to Reuters. This move comes ahead of a January 19 deadline for ByteDance to sell the platform or face a ban under a law signed by President

Netherlands Secures Nvidia Partnership for Potential AI Supercomputer

The Dutch government has reached an agreement with Nvidia to secure hardware and technological expertise for a planned artificial intelligence (AI) supercomputer facility, Reuters reports. This move aims to bolster the Netherlands' position in AI research and development, aligning with broader European Union initiatives to strengthen Europe's

Nvidia CEO's 20-Year Quantum Computing Timeline Slams Quantum Computing Stocks

Quantum computing stocks took a hit Wednesday, Reuters reports, after Nvidia CEO Jensen Huang predicted the technology is still two decades away from practical use. This statement contrasts with the significant gains these stocks have seen over the past year, fueled by a high-profile breakthrough in the technology at Google

Shein Eyes Mid-Year London IPO Amid Regulatory Hurdles

Fast-fashion giant Shein is reportedly aiming for a London IPO in the first half of 2024, Reuters reports. The move comes after the company withdrew its US IPO amid congressional concerns about China-related risks and alleged labor malpractices. Reuters cites two sources familiar with the matter to report that Shein

Malaysia Aims to Become Energy and Chip-Making Hub

Malaysian Prime Minister Anwar Ibrahim announced Malaysia's ambition to become a regional hub for energy and chip manufacturing, Reuters reports. The country is leveraging its strategic location and recent economic growth to attract investment and diversify supply chains. Prime Minister Anwar attributed Malaysia's economic rebound to

TSMC's Wafer Prices Soar: Apple Pays $18,000 for 3nm Chips

The cost of producing Apple's A-series chips has skyrocketed, with TSMC now charging $18,000 for a 3nm wafer, more than triple the price of a 28nm wafer a decade ago, reports Tom's Hardware, citing industry analyst Ben Bajarin. This price hike reflects the significant advancements

Nvidia CEO Backs Samsung Despite AI Memory Chip Setbacks

Nvidia CEO Jensen Huang expressed confidence in Samsung's ability to overcome challenges in producing high-bandwidth memory (HBM) chips for AI systems, despite recent production difficulties, reports Bloomberg. While acknowledging Samsung's struggles to meet Nvidia's standards for HBM, Huang expressed confidence in the company'
Nvidia CEO Backs Samsung Despite AI Memory Chip Setbacks

OpenAI CEO Altman Calls for Easier Construction of Data Centers and Power Plants for US AI Leadership

OpenAI CEO Sam Altman is urging President-elect Donald Trump to ease restrictions on data center and power plant construction to bolster the development of artificial intelligence in the United States, according to an interview published by Bloomberg. Altman stressed the need for increased infrastructure investment during a conversation with Bloomberg,