AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results

AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results

AI-related companies lost $190 billion (roughly Rs. 15,77,620 crore) in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants’ reports after the bell underscored investors’ elevated expectations following…

LeftoverLocals GPU Flaw Exposes AI Data in Devices Equipped with Apple, AMD, and Qualcomm Hardware

LeftoverLocals GPU Flaw Exposes AI Data in Devices Equipped with Apple, AMD, and Qualcomm Hardware

A security flaw affecting GPUs from four hardware manufacturers that exposed artificial intelligence (AI) data was unearthed by security researchers. The issue impacts several devices equipped with GPUs from these firms, including some iPhone, iPad, and Mac computers. Hackers can exfiltrate personal information being used in AI operations on the…

Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline. The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to…

AI Will Define Trend for Global Computing Industry, Says AMD Chief

AI Will Define Trend for Global Computing Industry, Says AMD Chief

AI will be the “defining mega-trend” for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world’s semiconductors powering the technology is produced.  California-based Advanced Micro Devices (AMD) is one of the world’s largest chip suppliers — rivalling giants Intel…

Nvidia, AMD, Other US Chipmakers Face Fall in Shares as US Plans Curbs on Export to China

Nvidia, AMD, Other US Chipmakers Face Fall in Shares as US Plans Curbs on Export to China

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world’s second largest economy for…

US Considers New Regulations on Export of AI Chips to China: Report

US Considers New Regulations on Export of AI Chips to China: Report

The United States is considering new restrictions on exports of artificial intelligence (AI) chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Nvidia fell more than 2 percent, while Advanced Micro Devices (AMD) fell about 1.5 percent on the news in…

Intel Reveals Details on Its Plans to Make Chip for AI Computing by 2025 Against Rivals Nvidia, AMD

Intel Reveals Details on Its Plans to Make Chip for AI Computing by 2025 Against Rivals Nvidia, AMD

Intel on Monday provided a handful of new details on a chip for artificial intelligence (AI) computing it plans to introduce in 2025 as it shifts strategy to compete against Nvidia and Advanced Micro Devices. At a supercomputing conference in Germany on Monday, Intel said its forthcoming “Falcon Shores” chip will have…

India Could Launch the First Indigenous Chipset by 2023-24, Leading Player in RISC-V: MoS IT

India Could Launch the First Indigenous Chipset by 2023-24, Leading Player in RISC-V: MoS IT

Open source design of computer chipsets RISC-V is becoming a global movement with India as a leading player, Minister of State for Electronics and IT Rajeev Chandrasekhar said here on Wednesday. While speaking at RISC-V Technology Conference organised by Tenstorrent, the minister said Indian startups using RISC-V have tremendous opportunities…

Intel Fears Another EU Antitrust Fine Despite Winning Its Court Fight Last Year

Intel Fears Another EU Antitrust Fine Despite Winning Its Court Fight Last Year

Intel could face yet another EU antitrust fine despite winning its court fight last year against an EUR 1.06 billion (nearly Rs. 14,250 crore) penalty imposed 14 years ago for hindering a rival, the US chipmaker said in a regulatory filing. Intel last year convinced Europe’s second-top court to scrap the fine…