A year after Mark Zuckerberg installed Alexandr Wang to jolt Meta’s artificial intelligence efforts into wartime mode, the $1.5 trillion company has produced Muse Spark, its most credible AI model yet.

By handing responsibility for Meta’s AI revival to a then-28-year-old start-up founder rather than a veteran researcher, Zuckerberg bet that an outsider’s urgency and ambition could succeed where the company’s established AI organisation had struggled.

According to interviews with current and former Meta employees, and associates of Wang, the billionaire wunderkind has now begun to eke out results, while navigating criticism over his experience, early research challenges and the esoteric internal politics of working at a Big Tech behemoth.

Read full article

Comments

Intel plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia and AMD, as the US chipmaker seeks to capitalize on a sharp turnaround in its fortunes.

Kevork Kechichian, who leads Intel’s data center group, told the FT that the company is “starting with the basics” as it tries to challenge its rivals in the booming market for semiconductors that power AI.

Its new “Crescent Island” graphics processing unit is designed to speed up “inference” tasks, the stage when a user makes their request, rather than the training of models, an area where Nvidia’s processors are dominant.

Read full article

Comments

Intel plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia and AMD, as the US chipmaker seeks to capitalize on a sharp turnaround in its fortunes.

Kevork Kechichian, who leads Intel’s data center group, told the FT that the company is “starting with the basics” as it tries to challenge its rivals in the booming market for semiconductors that power AI.

Its new “Crescent Island” graphics processing unit is designed to speed up “inference” tasks, the stage when a user makes their request, rather than the training of models, an area where Nvidia’s processors are dominant.

Read full article

Comments

The US government will take equity stakes worth a total of $2 billion in a slew of quantum computing companies, including a startup backed by a firm with links to the Trump family and one taken public by a Pentagon official.

The announcement by the commerce department that it had signed letters of intent with nine companies—including GlobalFoundries and IBM—sent shares in quantum specialists soaring on Thursday.

Both IBM, which is set to get $1 billion, and GlobalFoundries, which will receive $375 million, were up more than 6 percent in pre-market trading. D-Wave Quantum, an awardee that was taken public in 2022 by Emil Michael—now a top Pentagon official—was up more than 20 percent.

Read full article

Comments

The US government will take equity stakes worth a total of $2 billion in a slew of quantum computing companies, including a startup backed by a firm with links to the Trump family and one taken public by a Pentagon official.

The announcement by the commerce department that it had signed letters of intent with nine companies—including GlobalFoundries and IBM—sent shares in quantum specialists soaring on Thursday.

Both IBM, which is set to get $1 billion, and GlobalFoundries, which will receive $375 million, were up more than 6 percent in pre-market trading. D-Wave Quantum, an awardee that was taken public in 2022 by Emil Michael—now a top Pentagon official—was up more than 20 percent.

Read full article

Comments

The US government will take equity stakes worth a total of $2 billion in a slew of quantum computing companies, including a startup backed by a firm with links to the Trump family and one taken public by a Pentagon official.

The announcement by the commerce department that it had signed letters of intent with nine companies—including GlobalFoundries and IBM—sent shares in quantum specialists soaring on Thursday.

Both IBM, which is set to get $1 billion, and GlobalFoundries, which will receive $375 million, were up more than 6 percent in pre-market trading. D-Wave Quantum, an awardee that was taken public in 2022 by Emil Michael—now a top Pentagon official—was up more than 20 percent.

Read full article

Comments