Tag: Business
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Anthropic says Alibaba illicitly extracted Claude AI model capabilities
June 24 : Anthropic accused Alibaba, the Chinese technology and e-commerce giant, of illicitly extracting its Claude AI model capabilities, calling it the largest known distillation attack on the company to date, according to a letter seen by Reuters.
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Micron stock jumps 16% as soaring prices from memory crunch lead to quadrupling of revenue
Micron’s quarterly earnings report follows a 700% surge in the memory maker’s stock price over the past year.
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US NTSB to investigate fatal Texas Tesla crash
June 24 : The National Transportation Safety Board said Wednesday it will investigate last week’s crash of a Tesla Model 3 that struck a home at high speed in Katy, Texas, fatally injuring a 76-year-old resident.The NTSB has investigated numerous Tesla crashes where its driver assistance systems were in use.
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Qualcomm announces AI data center CPU, signs Meta as first major customer
Qualcomm’s primary business has been smartphones, which accounted for two-thirds of the company’s product revenue in it’s most recent quarter.
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Tesla sued over fatal Texas crash linked to Autopilot
June 24 : Tesla has been sued by the family of a 76-year-old Texas grandmother killed last week when a driver using his Model 3’s automated driving assistance system crashed into her suburban Houston home, the family’s lawyers said.According to a complaint filed on Tuesday, Elon Musk’s electric vehicle maker
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Qualcomm bets on AI chips to break smartphone reliance, but faces crowded race
June 24 : Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for AI data center chips.Analysts expect the San Diego-based company to name new customers for its AI chips as it tries to gain a foot
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Nvidia’s Huang calls black market data centers made of smuggled parts a ‘dead end’
Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
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German authorities carry out raids over alleged Russian gas sabotage
An investigation is looking into the sale of Gazprom’s Berlin-based subsidiary Gazprom Germania, which took place around a month after Russia launched its full-scale invasion of Ukraine in February 2022. #EuropeNews
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Argentina to return two rare maned wolves to the wild
BUENOS AIRES, June 24 : Conservationists will return two maned wolves, rescued after the death of their mother, to the wild next month in Argentina, where the long-legged wild canine is endangered.The conservation nonprofit Temaiken Foundation said it received the male-female siblings named Sun and Moon in Se
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Qualcomm to buy startup Modular for $4 billion in AI software push
June 24 : Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs AI models across chips without having to write code for each processor. Buying Modular pits Qualcomm against CUDA, the software platform t
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