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News
AI-connected Asian stocks fell sharply after US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+
2+ hour, 22+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Sam Altman says “we welcome a federal framework” but “do not believe we need to wait” for an antitrust exemption or a law to pace AI development responsibly
2+ hour, 52+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Document: Samsung and SK Hynix rejected KEPCO's proposal to prepay ~$18.7B of chip cluster power bills, citing uncertainty over long-term chip demand
4+ hour, 11+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target
4+ hour, 26+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Current and former officials: the US NSA plans major restructuring to form five new units for AI, China, cybersecurity, warfighting, and global intelligence
5+ hour, 37+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Source: Anthropic signed a $13.7B, six-year deal to lease compute from Rum Group's upcoming Georgia data center; Rum operates Rumble and hosts Truth Social
5+ hour, 52+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Sources: Anthropic told investors it will be profitable for a second straight quarter, with 80%+ gross margins before partner revenue sharing and training costs
7+ hour, 17+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Satya Nadella says “we welcome” the “deliberate pacing needed to get alignment right”, and announces a “Code of Conduct” for Microsoft's MAI models
8+ hour, 52+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Sources: Anthropic, OpenAI, and Google have held working group meetings since July to discuss creating an industry-led standards body for AI
10+ hour, 17+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Xi Jinping calls for a “consensus-based global AI governance framework” and says China will pioneer the establishment of a BRICS AI open-source community
12+ hour, 7+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....