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,

AI Used in Planning of Fatal Las Vegas Cybertruck Explosion

The man who died in the explosion of a Tesla Cybertruck outside President-elect Trump's Las Vegas hotel used ChatGPT to assist in his planning, Las Vegas police revealed in a press conference, per The Hill. Matthew Livelsberger, 37, died of a self-inflicted gunshot wound before the vehicle detonated.

AWS Invests $11 Billion in Georgia to Fuel AI and Cloud Growth

Amazon Web Services (AWS) plans to invest $11 billion in Georgia, creating hundreds of high-skill jobs and solidifying the state's position as a technology hub. The investment will support the construction of data centers in Butts and Douglas counties, AWS announced yesterday. The move, driven by the increasing

Meta Ditches Fact-Checkers, Embracing User-Generated Verification

Meta's decision to eliminate its third-party fact-checking program and replace it with a user-generated system, similar to Twitter's new approach, has raised eyebrows and sparked speculation about the company's motives, The Hill reports. The move comes as President-elect Donald Trump prepares to return to

Meta's AI Chatbot Tool Abused to Create Bots Depicting Hitler, Jesus, Taylor Swift

Meta's AI Studio tool, which allows users to create AI characters for chat, has been exploited to create bots violating the company's policies, NBC News reports. Despite Meta's claims of pre-release review, numerous AI characters depicting religious figures, celebrities, and fictional characters without permission