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The US Commerce Department has updated export rules that would ease chipmakers to shipping data centre hardware to trusted end users. -
Japanese telecom giant SoftBank has reportedly agreed to invest $500 million in OpenAI while Apple has decided to drop out of backing the AI startup.
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The US government will provide $8.5 billion in funding to Intel by the end of the year, providing crucial support to the embattled semiconductor giant.
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Microsoft has struck a multibillion-dollar partnership with KT Corporation to invest in joint AI projects aimed at accelerating digital transformation in Korea.
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After much anticipation, OpenAI recently lifted the veil on ‘Project Strawberry’ unveiling o1 – an AI model designed to “think” before responding.
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OpenAI reportedly lobbied the Biden administration to build giant data centres that consume energy as much as millions of homes to support next-gen AI model development.
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