By Joyce Lee SEOUL (Reuters) -China’s ban on the use of U.S.-based Micron Technology’s chips in certain sectors, announced on Sunday, is a stark reminder of risks facing the global chip industry as it braces for escalating Sino-U.S. trade tensions. China’s move against Micron, the biggest U.S. memory chipmaker, was widely seen as retaliation for…
By Jane Lanhee Lee and Stephen Nellis SANTA CLARA, California (Reuters) -U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center based in Sunnyvale, California, will come on line…
By Joyce Lee and Brenda Goh SEOUL/SHANGHAI (Reuters) -U.S.-based Micron Technology Inc on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade dispute. China’s cyberspace regulator said late on…
By Jeffrey Dastin and Anna Tong (Reuters) -ChatGPT’s creator OpenAI is testing how to gather broad input on decisions impacting its artificial intelligence, its president Greg Brockman said on Monday. At AI Forward, an event in San Francisco hosted by Goldman Sachs Group Inc and SV Angel, Brockman discussed the broad contours of how the…
By Stephen Nellis (Reuters) – Intel Corp on Monday provided a handful of new details on a chip for artificial intelligence (AI) computing it plans to introduce in 2025 as it shifts strategy to compete against Nvidia Corp and Advanced Micro Devices Inc. At a supercomputing conference in Germany on Monday, Intel said its forthcoming…
SAN FRANCISCO (Reuters) -Bill Gates, Microsoft Corp’s co-founder, on Monday said the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites. “You’ll never go to a search site again,” he said. “You’ll never go to Amazon.” Speaking at AI Forward 2023, an…
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology that could upend the way societies and businesses operate. The European Union is at the forefront of drafting new AI rules that…
(Reuters) – Walt Disney Co on Monday dismissed the idea of building miniparks in the United States, saying the media company would instead spend on its major theme parks and cruise ships. “Focusing on our core assets is where we should be spending most of our opportunity,” Disney parks chief Josh D’Amaro said at a…
By Mike Scarcella (Reuters) – Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire “Call of Duty” videogame maker Activision Blizzard Inc, when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. The private plaintiffs sued Microsoft in California federal…
By Padraic Halpin DUBLIN (Reuters) -Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users’ data to the United States. The fine, imposed by Ireland’s Data Protection Commissioner (DPC), came after Meta…
