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Alibaba Unveils Its First Home-Grown AI Chip

Alibaba Unveils Its First Home-Grown AI Chip

Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

South Korean tech giant Samsung has announced a new revolutionary turnkey security solution to secure cryptocurrency transactions on its smartphones and tablets. Cryptocurrency transactions are one of the primary purposes of Samsung’s new Secure Element chip, which is expected to be available in Q3 2020. The solution involves a Secure Element (SE) chip S3FV9RR, which is Common Criteria Evaluation Assurance Level (CC EAL) 6+ certified. The new SE chip along with enhanced software is designed to offer higher protection for tasks including booting, isolated storage, mobile payment, and other applications.

NVIDIA Grace Hopper Superchip Boosts Murex MX.3 Performance, Enhances Energy Efficiency

NVIDIA Grace Hopper Superchip Boosts Murex MX.3 Performance, Enhances Energy Efficiency

NVIDIA's Grace Hopper Superchip improves Murex MX.3 analytics and reduces power usage.

NVIDIA to Showcase Data Center Innovations at Hot Chips 2024

NVIDIA to Showcase Data Center Innovations at Hot Chips 2024

NVIDIA engineers to unveil advancements in the Blackwell platform, liquid cooling, and AI-driven chip design at Hot Chips 2024.

NVIDIA GH200 Superchip Achieves Remarkable Results in MLPerf Inference v4.1

NVIDIA GH200 Superchip Achieves Remarkable Results in MLPerf Inference v4.1

NVIDIA's GH200 Grace Hopper Superchip excels in MLPerf Inference v4.1, showcasing high performance in generative AI benchmarks and enterprise applications.

NVIDIA GH200 Superchip Boosts Llama Model Inference by 2x

NVIDIA GH200 Superchip Boosts Llama Model Inference by 2x

The NVIDIA GH200 Grace Hopper Superchip accelerates inference on Llama models by 2x, enhancing user interactivity without compromising system throughput, according to NVIDIA.

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs

Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs

Archipelago Trading Services Inc. will pay $1.5 million to the SEC for failing to file hundreds of Suspicious Activity Reports between 2012 and 2020, despite daily high-risk transactions.

Intel to Discontinue Blockscale Bitcoin Mining Chips

Intel to Discontinue Blockscale Bitcoin Mining Chips

Intel plans to cut costs by discontinuing its Blockscale Bitcoin mining chips, with the company stopping orders for the ASICs by Oct. 20 and ending shipping roughly in April 2024. Intel launched the Blockscale mining chips in April 2022 with a hash rate of up to 580 gigahash per second. The move is part of Intel's strategy to prioritize certain chips for outside customers while monitoring market opportunities in the crypto space.

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.

Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Yotta Data Services in Mumbai has empowered India's tech landscape by acquiring Nvidia AI chips, a move set to democratize AI solutions for local businesses and startups.

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Samsung Electronics has secured $6.4 billion in US government grants to expand its Texas chip manufacturing operations, aiming to boost production for automotive, aerospace, and defense industries, including two production facilities and a research center.

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

Trezor Produces In-House Chips to Speed Up Hardware Wallet Production

Trezor Produces In-House Chips to Speed Up Hardware Wallet Production

Trezor accelerates hardware wallet production by producing its own chip wrapper, reducing lead times and shipping delays caused by component supply and demand.

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost

US grants $162M to Microchip Technology, bolstering domestic semiconductor production under the CHIPS & Science Act.

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.

U.S. Tightens Microchip Export to Sustain AI Leadership Over China

U.S. Tightens Microchip Export to Sustain AI Leadership Over China

Senator Mike Rounds highlighted the U.S.'s marginal lead in AI over China, measurable in months. The U.S. restricts AI chip exports to China to maintain this edge. Meanwhile, China's significant AI advancements, despite challenges like U.S. sanctions and technology gaps, underscore the intensifying global AI race.

Tenstorrent Secures $100 Million Led by Hyundai and Samsung

Tenstorrent Secures $100 Million Led by Hyundai and Samsung

AI chip developer Tenstorrent has closed a $100M round led by Hyundai and Samsung. The funds will accelerate product development and AI chiplet design.

SK Hynix Reports Q4 Profit and Plans for AI GPU Chips

SK Hynix Reports Q4 Profit and Plans for AI GPU Chips

SK Hynix reported a Q4 2023 operating profit of 346 billion won, marking its first profit since Q3 2022, driven by high-end AI chip demand. However, profit-taking led to a 2.6% share drop.

UK to Invest 100m Pounds in Global AI Chips Race

UK to Invest 100m Pounds in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’

Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’

Intel is keen on introducing the most efficient blockchain mining chips that enable more energy efficiency and a lightning-fast mining experience.

Bill Gates' COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer

Bill Gates' COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer

The COVID-19 pandemic has brought many subjects to the forefront: our reliance on oil, manufacturing in China, the need for digital dollars, the frailty of our global supply chain, and our lack of preparation to deal with the outbreak. However perhaps the strangest topic online and the most unavoidable has been the conspiracy theory chasing Bill Gates and his foundation’s efforts to produce a vaccine. The accusations range from him directly being the cause of the pandemic, to being the head of an Illuminati like circular cabal bent on controlling the world through microchips, and now an insidious plan to depopulate the planet of billions of people.

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

SEBA bank has expanded the reach of its crypto offerings with a new service dedicated to custody for NFTs

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

A month and a half after Nvidia purchased Arm, AMD also announced its $35b acquisition of Xilinx. Will it alter the ecosystem of crypto mining?

MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment

MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment

Bitcoin bulls make the case for why Apple will benefit from a Bitcoin investment and an integration of the digital asset on its platforms.

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Wirecard announced that it is missing $2.1 billion after auditors Ernst & Young raised questions.

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around cryptocurrencies in the traditional corporate world.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

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