Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans — The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
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Monday, February 19, 2024
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans (Drew Harwell/Washington Post)
Sunday, February 18, 2024
Hands-on with Khan Academy's ChatGPT-powered AI tutoring bot Khanmigo, which frequently makes basic arithmetic errors, as Khan Academy works to improve accuracy (Matt Barnum/Wall Street Journal)
Matt Barnum / Wall Street Journal:
Hands-on with Khan Academy's ChatGPT-powered AI tutoring bot Khanmigo, which frequently makes basic arithmetic errors, as Khan Academy works to improve accuracy — Khanmigo, a ChatGPT-powered bot, made frequent calculation errors during a Journal reporter's test
Apple Store sources: Vision Pro returns are between average and above average compared to other products; in-store demo conversion rate is as high as 10% to 15% (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Apple Store sources: Vision Pro returns are between average and above average compared to other products; in-store demo conversion rate is as high as 10% to 15% — The Apple Vision Pro has now been available for two weeks — and some of Apple's most dedicated customers are returning the device to get back their $3,500.
A look at Nvidia's AI startup investments through Nventures and its corporate development team, deals that come with intangibles, like access to research teams (Richard Nieva/Forbes)
Richard Nieva / Forbes:
A look at Nvidia's AI startup investments through Nventures and its corporate development team, deals that come with intangibles, like access to research teams — The trillion-dollar chipmaker has done over two dozen deals, through its Nventures investing arm and corporate development team.
Saturday, February 17, 2024
How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023 (Washington Post)
Washington Post:
How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023 — After a decade of building the future, tech's new guard is going back to the American past — spurring a funding frenzy in defense technology
Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously (Bloomberg)
Bloomberg:
Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously — - Technology could help Ukraine overwhelm some Russian targets — Germany's Scholz calls on EU allies to increase Ukraine aid
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...