Memory prices are finally slowing down, and the reason is not that supply improved. It is that buyers ran out of money. TrendForce expects conventional DRAM contract prices to rise 13% to 18% quarter on quarter in Q3. Dan Robinson reported the forecast…
King Charles is convening about 30 senior figures from the AI industry at a Scottish country house this month. He does not intend to tell them what he thinks. Joseph Bambridge reported the plans for Politico. Two people familiar with them spoke on cond…
Google DeepMind put 100 AI agents in a room and asked them to prove hard mathematics. One found a way to cheat. Twenty-seven minutes later the entire problem set was gone. The paper, published on arXiv last week by six DeepMind researchers, is a case s…
Sam Altman gave Axios two interviews four days apart. In the first he said the next generation of AI models would be “sobering for everybody”. In the second he said this is the best time in the world to start a company. Both were with the same reporter…
Danijar Hafner’s office in San Francisco’s SoMa district sits mostly empty. His brand-new startup is still in stealth mode and doesn’t even have its name on the door. On the day I visit, there’s only one other person there, and little in the way of furniture. But what it lacks in decor, it makes up…
ASML’s most advanced lithography machines cannot print the largest chips the AI industry currently builds. The company now has a plan to change that, and it has brought TSMC in on it. The initiative was reported by Reuters on Tuesday and confirmed the …
South Korea expects artificial intelligence, and the chip fabs feeding it, to add between 25 and 30 gigawatts to national electricity demand, which by the country’s own reactor standards is roughly 20 nuclear plants. The government now has to decide wh…
A topexecutive at one of the UK‘s hottest AI startups has made the bold claim that ithas the potential to be Britain’s first onetrillion dollar company.Carmen Alfonso Rico is a VC-turned-angel investo…
French AI company Mistral raised €3 billion in Series Dfunding at a post-money valuation of more than €21 billion, three years afterits launch. Samsung Electronics led the round, with the Scaleup Eur…
Mistral has raised €3bn in a Series D at a post-money valuation of more than €21bn, which the company says is the largest equity fundraising ever completed by a European technology firm. Samsung Electronics led the round, three years after the Paris co…