Maria Deutscher
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Intel reveals plans to manufacture most of its next-gen PC chip lineup internally
Intel Corp. will manufacture most of the components in its next-generation personal computer chips internally, Chief Executive Officer Pat Gelsinger has revealed. Gelsinger detailed the plan during the company’s third quarter earnings call on Thursday. Intel posted revenue and adjusted earnings per share that topped analyst expectations, which gave its stock nearly an 8% boost ...
Report: Chinese researchers used Llama 13B to build chatbot optimized for military use
Researchers in China have reportedly used Meta Platforms Inc.’s Llama 13B artificial intelligence model to develop a chatbot optimized for military use. Reuters detailed the project today, citing academic papers and analysts. Llama is a family of open-source large language models that Meta released in February 2022. Developers can use the algorithms at no charge ...
Patronus AI debuts API for equipping AI workloads with reliability guardrails
Patronus AI Inc. today introduced a new tool designed to help developers ensure that their artificial intelligence applications generate accurate output. The Patronus API, as the offering is called, is rolling out a few months after the startup closed a $17 million Series A funding round. The investment included the participation of Datadog Inc.’s venture ...
OpenAI adds large language model-powered search engine to ChatGPT
OpenAI today introduced an internally developed search engine for its ChatGPT chatbot service. The move is not unexpected. In late July, OpenAI debuted a standalone search engine called SearchGPT that it described as a “temporary prototype.” The company stated that its goal with the project was to collect feedback from users before incorporating the service’s ...
Spot AI reels in $31M for its AI-powered video processing platform
Startup Spot AI Inc. has raised $31 million in fresh funding to help companies analyze footage from security cameras at their facilities. The investment, which was announced today, included contributions from more than a half-dozen investors. Qualcomm Ventures was among the participants. The cash infusion brings the company’s total outside funding to $93 million. Spot ...
Extreme Networks shares soar on lower-than-expected sales decline
Shares of Extreme Networks Inc. closed about 12% higher today after the company posted better-than-expected revenue and earnings for its fiscal first quarter. San Jose, California-based Extreme Networks makes switches, office Wi-Fi equipment and other networking gear for enterprises. It also offers hardware for internet providers. Carriers use the company’s Extreme 9900 appliances, which are ...
Dropbox to let go 20% of its workforce amid growth push
Dropbox Inc. is letting go 528 employees, or 20% of its workforce, in a bid to advance its revenue growth initiatives. Chief Executive Officer Drew Houston disclosed the move in a blog post published today. The announcement comes about 18 months after the file sharing provider let go a similar number of workers in a ...
Supermicro shares plummet 33% after auditor resigns
Shares of Super Micro Computer Inc., better known as Supermicro, plunged 33% today after the server maker disclosed that its auditor had resigned. The company hired Ernst & Young LLP to review its finances this past March. The accounting firm informed Supermicro last Thursday that it’s exiting the audit. EY’s resignation marks the latest in ...
Cisco debuts new Nvidia-powered data center systems for AI workloads
Cisco Systems Inc. is expanding its hardware portfolio with two data center appliance lineups optimized to run artificial intelligence models. The systems debuted today at a partner event the company is hosting in Los Angeles. The first new product line, the UCS C885A M8 series, comprises servers that can each accommodate up to eight graphics processing units. ...
GPU cloud operator GMI Cloud secures $82M investment
Cloud infrastructure startup GMI Cloud Inc. today announced that it has closed a $82 million early-stage funding round led by Headline Asia. The Series A investment also included the participation of Thailand-based energy company Banpu Next and Wistron Corp., a Taiwanese electronics maker. The bulk of the round, $67 million, took the form debt financing. ...