OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.”
Nvidia News
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The company posted its record quarter just days after Nvidia stock achieved an all-time high.
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OpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co-founder Sam Altman.
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Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft, while Nvidia reaps the benefits of Big Tech’s scramble to build a better chatbot.
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The U.S. imposed export restrictions on high-level AI chips to China in October 2022, but Chinese companies are finding new ways to develop the technology.
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Google’s parent company, Alphabet, was the worst performer on the day, falling 9.5% in a massive $180-billion wipeout.
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The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others.
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OpenAI reportedly weighed up a chip-making firm as an acquisition target so it could produce its own AI chips.
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The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers.
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The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector.
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Capital One also joined the investment round, despite being the top client of rival cloud platform Snowflake.
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Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI’s capabilities for harmful purposes.
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The U.S. and Vietnam completed business deals and partnerships worth billions of dollars to advance the AI, semiconductor and cloud computing industries.
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Meta is reportedly in the process of building a new, more powerful and open-source AI model to challenge the most powerful systems of its rival OpenAI.
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The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries.
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