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AI

Google Claims Quantum Leap, Solves Septillion-Year Task in Minutes

Google claims its new quantum chip, "Willow," has achieved a groundbreaking feat, performing a calculation in just five minutes that would take the world's most powerful supercomputers ten septillion years. In a Bloomberg interview, Hartmut Neven, VP of Engineering at Google and founder of Quantum Artificial

ByteDance's Doubao Chatbot Rockets to Global No. 2

ByteDance's AI chatbot, Doubao, has surged to become the second most widely used AI application globally, fueled by the rapid integration of generative AI into daily life in China, reports Nikkei Asia. The app, launched in June 2023, offers conversational and advisory services through diverse virtual avatars, catering

Elon Musk's xAI Secures $6 Billion in Funding

Elon Musk's artificial intelligence startup, xAI, has completed a massive $6 billion funding round, Bloomberg reports, citing a regulatory filing with the US Securities and Exchange Commission. The funding round, which involved 97 investors, comes after months of negotiations and reportedly values the company at over $40 billion.

Amazon and Anthropic Team Up to Build World's Largest AI Supercomputer

Amazon is collaborating with Anthropic, a leading AI company, to construct one of the world's most powerful AI supercomputers, according to a report by WIRED. This mega-project, codenamed "Project Rainer," will be five times larger than the cluster used to build Anthropic's current most

Apple Faces Hurdles Integrating Baidu AI into iPhones in China

Apple and Baidu are facing challenges in incorporating AI features into iPhones sold in China, a situation that could affect Apple's sales in the world's largest smartphone market, according to Reuters, which references a report from The Information. The two companies are collaborating to adapt Baidu&

Australia Calls for Increased Internet User Choice Amidst Google's Dominance

Australia's competition watchdog, the Australian Competition and Consumer Commission (ACCC), has called for a renewed focus on promoting greater choice for internet users, citing Google's dominant position in the search engine market and the failure of competitors to effectively leverage the artificial intelligence (AI) boom, reports

Asia's Data Center Boom Fuels Sizzling Valuations

Global investors are flocking to Asia-Pacific data center operators, undeterred by high valuations driven by soaring demand for artificial intelligence services, according to Reuters. Industry executives attribute the premium valuations to the sector's nascent stage and promising growth prospects, though some express concerns about infrastructure limitations. Data centers,

Intel's CEO Hunt: Outsiders in the Spotlight

Intel's search for a new CEO is underway following the abrupt departure of Pat Gelsinger, and the company is reportedly prioritizing external candidates, according to Bloomberg. The chipmaker has enlisted Spencer Stuart, an executive search firm, to assist in the process, focusing its search beyond Intel's

US Intensifies Crackdown on China's Chip Industry

The United States has launched its third major crackdown on China's semiconductor industry in as many years, imposing new export restrictions on 140 companies and tightening controls on key technologies, reports Reuters. The Commerce Department detailed a range of measures aimed at curbing China's advancement in
US Intensifies Crackdown on China's Chip Industry

Blackstone Invests Over $500 Million in Lancium's AI Data Center Buildout

Blackstone Inc. has invested over $500 million in Lancium Inc., a company constructing over 5 gigawatts of data centers in West Texas to support the growing energy demands of artificial intelligence applications, as reported by Bloomberg. The investment, finalized in recent weeks, will help fund the construction of five Lancium