Companies at the forefront of artificial intelligence in Asia, Europe and the United States posted declines after tech leaders expressed worries about the safety of “frontier” A.I. technology.
Category: Computer Chips
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Tech Stocks Shudder in Response to Calls to Slow A.I. Progress
The New York Times – Business: -
Justice Dept. Investigates Nvidia Deal With Groq
The New York Times – Business:The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
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How a Blacklisted Chinese Tech Giant Kept Buying America’s Best A.I. Chips
The New York Times – Business:Washington imposed sanctions on Inspur because of its work with the Chinese military. But the company’s subsidiary kept shipping Nvidia’s best chips to feed China’s leading A.I. firms.
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Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face
The New York Times – Business:The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
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Wall St. Scrutinizes Nvidia’s Deal Machine
The New York Times – Business:Investors are awaiting the chipmaker’s latest quarterly earnings — and are anxious about its huge portfolio of artificial intelligence investments.
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This A.I. Start-Up Aims to Reverse the Backlash Against Data Centers
The New York Times – Business:Emerald AI, now valued at $1.05 billion, uses software to keep power demand at the computing facilities from getting out of control.
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Chinese Robot Maker Unitree Soars 500 Percent in Trading Debut
The New York Times – Business:Unitree is the second major Chinese technology company linked to the country’s artificial intelligence boom to surge following its initial public offering in the past month.
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Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom
The New York Times – Business:Six giant investment firms announced a $500 billion effort to raise money for customers of Nvidia to pay for computing power.
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In Another Wild Day for South Korean Stocks, Market Surges 15 Percent
The New York Times – Business:After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
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The Chips That Will Decide A.I.’s Future
The New York Times – Business:Our technology correspondent Adam Satariano explains how the future of artificial intelligence may be determined by the number of A.I. chips around the world.
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South Korea’s Memory Chip Giant Defies A.I. Market Jitters
The New York Times – Business:SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.