Nvidia’s bet that its chips can finance the AI boom
Nvidia’s mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth. The answer for banks and investors seems to be: Not as much as Nvidia thinks. Some lenders want higher guarantees than the company had originally outlined, even for Nvidia’s industry-leading AI
Anthropic targets mega-IPO
Anthropic is seeking to go public as soon as the middle of November, according to sources familiar with the matter, after the artificial intelligence model maker pushed back plans to list. The firm behind Claude could start formal marketing for its initial public offering as soon as the week of Nov 9, putting it in
Five universities in Hong Kong rank in the top 100
Five public universities in Hong Kong have ranked in the top 100 of a renowned British publication’s latest global league table, as part of a trend described as a “historic realignment” of academic prowess from West to East. The University of Hong Kong remained the city’s highest-ranked tertiary institution, holding onto 33rd place from the
AI is taking over the painstaking work of Silicon Valley’s most-coveted engineers
These engineers specialize in using Compute Unified Device Architecture (CUDA) Nvidia’s software for programming its AI chips, known as GPUs to write code that can run AI as efficiently as possible. The jobs are coveted because compute costs are massive; engineers who can squeeze the most value from a chip can save companies millions. CUDA
Google launches Guided Vision for Gemini Live
Google has announced that it is rolling out Guided Vision in Gemini Live for all compatible Android smartphones, introducing a voice-forward, real-time visual interpretation tool engineered for individuals who are blind, have low vision, or need intuitive visual help in daily life. Developed in collaboration with the accessibility community and previewed earlier this month alongside
AMD’s $8.2 billion World Labs deal
AMD agreed on 28 September to buy World Labs, the spatial intelligence startup co-founded by Fei-Fei Li, for about $8.2 billion in AMD stock. Taken on its own, it reads as a chipmaker buying talent and a head start in physical AI, and that is how most of the coverage has framed it. Taken alongside
Anthropic planning the largest IPO
Anthropic is planning what could be the largest initial public offering in history. But if AI continues on its current trajectory, humans may not be around much longer to enjoy it.To pull off a successful offering that values it at $2 trillion, Anthropic, whose name means “human-centered,” will need plenty of mortal investors to help
Google DeepMind watermarks AI-generated protein
In what can be called a major breakthrough for synthetic biology and AI-powered biosecurity, Google DeepMind, Google’s AI lab, has developed a new method to watermark AI-designed proteins, establishing a permanent proof of origin directly inside biological code. Published in the journal Nature, the proof-of-concept technology, which is named SynthID Bio, solves a long-standing technical
Synopsys, OpenAI strike deal to develop AI model for chip design work
Synopsys, a maker of software used in designing computing chips, said on Wednesday that it has struck a deal to share revenue with OpenAI as the two develop an AI model for the chip business. GPT-Synopsys, as the model will be called, will be specifically trained and tuned to take on chip design tasks, which
Canadian astronaut Joshua Kutryk set to take off for six-month stay on space station
Canada’s next space traveller is fast approaching his scheduled departure – but the weather may have other ideas. On Wednesday afternoon, officials at NASA’s Kennedy Space Center in Florida said there was a 55 per cent chance of favourable conditions for the launch of a four-person crew heading to the International Space Station for half