Intel's stock crashes, knocking $12B from government's stake | TechCrunch
Intel's stock plummeted 28%, reducing the government's stake value by $12 billion amid poor forecasts and rising PC prices.
Stories credited to Julie Bort.
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Intel's stock plummeted 28%, reducing the government's stake value by $12 billion amid poor forecasts and rising PC prices.
Thrive Holdings has acquired ADT for approximately $15.3 billion, aiming to integrate AI into home security.
U.S. intelligence has investigated a potential Chinese spying plot involving Alice Huang, a Megaspeed executive, with close ties to Nvidia's CEO.
Microsoft reports record quarterly revenue of $92.3 billion, marking ten consecutive quarters of growth. Net income rose by 32% to $36.6 billion, fueled by cloud services, particularly Azure and OpenAI contributions.
Nvidia has introduced Nemotron 3.5 Transcribe, a free speech-to-text model for 40 languages, enhancing transcription for meetings and healthcare, but it does not support live audio.
Nvidia's Microduck robots are gaining traction as potential top Christmas toys, with over 20,000 preorders after a viral demo.
OpenAI is aiming to raise up to $30 billion at a $1.25 trillion valuation before its IPO, potentially setting a record for private company valuations.
Critical PHP vulnerabilities disclosed by the NSA are causing alarm as millions of websites risk exploitation. Discovered using AI by OpenAI and Wiz, immediate patches are necessary to prevent attacks.
Hugging Face CEO Clem Delangue criticizes Netflix's documentary "AI Gone Rogue" for inaccuracies, claiming it presents misleading narratives about AI agents.
OpenAI has acquired Orchestra Bio, enhancing its biotech capabilities for the Rosalind AI model and Workbench tool.
Google has launched TorchTPU, a new open-source tool for PyTorch users, enabling easier migration to its Tensor Processing Units, joining Amazon in challenging Nvidia's dominance.
Microsoft warns enterprises of AI agent risks, likening them to insider threats, and introduces Guardian Agents for enhanced monitoring.
Amazon introduces TorchNeuron, a tool to ease AI app migration to its Trainium chips, challenging Nvidia's dominance in PyTorch applications.
Nvidia has launched new open models for enterprise and consumer PCs, emphasizing localized AI deployments without cloud reliance.
Arena, a leader in AI model evaluations, has raised $200 million, boosting its valuation to $3.1 billion in under a year.
Zach Yadegari, a 19-year-old founder, raised $10 million for his AI startup Persona, a personal assistant with a privacy-focused wearable.
Microsoft launched new AI PCs, the Surface Laptop Ultra and Surface RTX Spark Dev Box, optimized for Nvidia's technology and revamped Windows 11.