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Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub. AdvertisementA new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it. Officials have long portrayed China's access to AI and semiconductor technology as a national security threat. US officials have already had to mandate AI firms to divest from China, such as G42.
Persons: Amit Midha, , Midha, that's Organizations: Bloomberg, Service, Milken Institute Global Conference, Saudi Arabia's Public Investment Fund, Officials, Silicon, New York Times, United Arab Emirates, Microsoft Locations: Saudi, China, Saudi Arabia, Washington, Beijing, Alat
As the new technology accelerates in skill and ubiquity, business leaders are racing to figure out what the relationship between workers and AI will look like in years to come. Business Insider's virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, brought together a panel of experts to discuss the trials, triumphs, and future of AI. He discussed the major ways in which Dell is integrating AI into its processes, from increasing productivity for developers to automating content. "There are predictions that we could have two times, three times, even four times the employment demand for new job growth as a result of gen-AI and AI ethicists, AI translators, AI mediators, AI co-creative, AI legal, and compliance experts," Miscovich said. Working with AI from the ground floor can allow businesses to design the parameters that will guide AI's future presence in the workplace.
Persons: Matt Baker, Mozziyar Etemadi, Peter Miscovich, Tim Paradis, Baker, Miscovich, Etemadi Organizations: Service, Efficiency, Dell Technologies, Business, Dell, Northwestern Medicine, AIs
When my daughter was 3 months old we found out she had significant hearing loss in one ear. We chose not to go through with a cochlear implant because there were no guarantees. Our world shifted when we received the diagnosis that our 3-month-old daughter had significant hearing loss in her right ear. Related storiesThere was no guarantee that the cochlear implant would restore our daughter's hearing to normal levels. AdvertisementOther individuals who received cochlear implants as children reported hearing loss in their better ear following the surgery.
Persons: , Chase Organizations: Service, Food and Drug
The net neutrality regulations adopted Thursday by the Federal Communications Commission prohibit providers such as AT&T, Comcast and Verizon from selectively speeding up, slowing down or blocking users’ internet traffic. And for the first time, the FCC said it would step in to override state or local policies that conflict with the federal net neutrality rule. “The Title II authority will ensure that broadband providers are properly overseen by the FCC like all telecommunications services should be. “These 400-plus pages of relentless regulation are proof positive that old orthodoxies die hard,” said Jonathan Spalter, CEO of USTelecom, a trade association representing internet providers. As a result, the outcome of a legal challenge to the FCC’s net neutrality rules could have potentially broad ramifications for other US regulatory bodies, not just the FCC.
Persons: Trump, Jessica Rosenworcel, Rosenworcel, ” Rosenworcel, , Justin Brookman, Biden, Jonathan Spalter, Brendan Carr Organizations: Washington CNN, Federal Communications Commission, Comcast, Verizon, Democratic, FCC, , Consumer, Trump, Republican, Communications Locations: unwound, Washington, America
Read previewAustin Walters started SpringTide Ventures in 2018 to disrupt healthcare by democratizing access to health innovations. The firm just closed its second $65 million fund to make more of those bets. A tough fundraising environmentAfter closing on its first $20 million fund, which the firm began investing out of in 2019, SpringTide originally set a $100 million target in 2021 for its second fund, Walters said. SpringTide picks a different focus area each time — most recently, home health, where the firm has invested in companies like family primary care startup Nest Health. By solving significant problems with advanced technologies, these companies have natural competitive advantages that allow them to drive outsize returns for the firm, Walters said.
Persons: , Austin Walters, Walters, Henry Ford, We're, SpringTide, Justin Hackworth Photgraphy SpringTide, OpenLoop, outsize, SpringTidew hasn't, " Walters Organizations: Service, SpringTide Ventures, Tiger Global, Sonic Healthcare, Business, Health, Ally Bank, Troomi Wireless Locations: Boston, San Francisco, Salt Lake City, New York
G42 will run its AI applications and services on the Microsoft Azure cloud service, as well as deploy Microsoft's cloud offerings. The U.S. and UAE governments appeared to be heavily involved in the deal. "Both companies will move forward with a commitment to comply with U.S. and international trade, security, responsible AI, and business integrity laws and regulations," Microsoft said. Gallagher alleges that G42 maintains relationship with blacklisted Chinese firms, such as Huawei, and that it works with China's military and intelligence services. G42 itself has reportedly invested in Chinese firms, including TikTok owner ByteDance.
Persons: Brad Smith, Sheikh Tahnoon bin Zayed Al Nahya, Mike Gallagher, Gallagher, ByteDance Organizations: Microsoft, United Arab, U.S, UAE, U.S ., Chinese Communist Party, Commerce Department, Huawei Locations: Bellevue , Washington, United Arab Emirates, U.S, UAE, China
It is therefore no surprise that the advent of big data, data analytics, and disruptive technologies such as generative AI have brought in sweeping changes and opportunities to reinvent critical business areas. When customers trust a business, it empowers the organization to pioneer groundbreaking initiatives, embracing risk to craft new products and refine existing ones. While the balance between trust and innovation emerges as a critical lever for progress, the role of transparency in cultivating and maintaining this trust cannot be overstated. Earned, not givenAs we recognize transparency's pivotal role in building trust, it becomes clear that trust in the digital age is earned, not given. Safeguarding consumer trust in an era increasingly dominated by sophisticated algorithms and artificial intelligence is more critical than ever.
Persons: Matthew Driver, we've Organizations: Services, Asia, Mastercard, Trust, Harvard, Mastercard Singapore, Insider Studios Locations: Asia Pacific
Opinion | Can Intel Serve Two Masters?
  + stars: | 2024-03-29 | by ( Peter Coy | ) www.nytimes.com   time to read: +2 min
This week I interviewed Pat Gelsinger, the chief executive of Intel, which is one of the most important companies in the United States. To Biden and Commerce Secretary Gina Raimondo, the special thing about Intel is that it doesn’t just design chips in the United States, as, for example, the current stock market darling Nvidia does. It’s planning to spend $100 billion over five years on manufacturing and research and development projects in Arizona, New Mexico, Ohio and Oregon. While all three of those rivals have some U.S. production, Intel is the only one that has U.S. headquarters and its most advanced production and process technology R & D in the United States. Raimondo, at the announcement in Arizona, called Intel “America’s champion semiconductor company.”
Persons: Pat Gelsinger, Biden, Gina Raimondo, , Raimondo, Organizations: Intel, Biden, Nvidia, Commerce Department, T.S.M.C, Samsung Locations: United States, Arizona , New Mexico , Ohio, Oregon, Taiwan, South Korea, Abu Dhabi, Arizona
Business Insider's upcoming free virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation" will be on April 23 at 12 p.m. EST. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business Insider's upcoming editorial virtual event, "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, promises a deep dive into the strategies and insights shaping the future of work. They will be joined by moderator Tim Paradis, Business Insider's future-of-work correspondent. The indispensable role of skill education initiatives in empowering employees to leverage AI technologies effectively.
Persons: , Matt Baker, Mozziyar Etemadi, Tim Paradis Organizations: Business, Efficiency, Service, Dell Technologies Locations: Northwestern
The debate over whether Chinese-owned TikTok can operate in the U.S. is back with fervor, revealing more about the risk for Chinese stocks in a U.S. presidential election year. Such considerations motivated Goldman Sachs analysts to update their model for measuring the level of risk from U.S.-China tensions in Chinese stocks. Their barometer, created in 2020, "has correlated well with the U.S.-China events timeline, and China equity performance," the analysts said. Goldman's revised U.S.-China tensions barometer stands at a modest 53 out of 100, indicating a "somewhat benign" outlook for the bilateral relationship. But as the TikTok bill now makes its way to the Senate, many analysts expect its momentum to slow.
Persons: Goldman Sachs, Goldman's, It's, Raymond James, That's, Steven Mnuchin, CNBC's, Mnuchin, Donald Trump, Joe Biden, Trump, Biden, Goldman, — CNBC's Michael Bloom Organizations: U.S ., Goldman, U.S, Chinese Communist Party, IMEIK Technology, Postal Savings Bank Locations: U.S, China, Beijing
But American apps have long been barred in China. “The TikTok bill appears likely to become law and China’s displeasure seems ironic, if not hypocritical, given its stance toward American social apps,” said Brock Silvers, managing director at Kaiyuan Capital. The Chinese government has said it strongly opposes a forced sale of TikTok, and it has the legal ability to do so. A man walks past the headquarters of ByteDance, the parent company of TikTok, in Beijing. “While China has completely banned [these] American apps, TikTok enjoys all the benefits of America’s free and open legal and political systems,” he said.
Persons: Hong Kong CNN — TikTok, ByteDance doesn’t, Wang Wenbin, , Brock Silvers, Wang, Joe Biden, TikTok, CNN Beijing’s, Trump, Greg Baker, , Winston Ma, Silvers, Alex Capri, Craig Singleton, “ We’ve, ” Capri Organizations: Hong Kong CNN, US, Foreign Ministry, Google, Kaiyuan, Chinese Commerce Ministry, ByteDance, Trump, CNN, Commerce Ministry, Getty, New York University School of Law, Foundation, National University of Singapore Business School, Foundation for Defense of Democracies, Weibo, Twitter, Facebook Locations: China, Hong Kong, United States, Beijing, TikTok, ByteDance, AFP, Washington, Washington , DC
CNN —The US military is developing portable UFO detection kits to collect better data on reports of sightings as the Pentagon says there is no evidence of alien technology found in any government investigation. The AARO office looked at US government investigations and efforts related to UFOs dating back to 1945. Some of the reported sightings of UFOs were people who unknowingly witnessed the testing or use of classified US technology. The AARO office is also collecting and investigating new reports and sightings of unidentified objects. In February, the office closed 122 cases, Phillips said, most of which was debris in the atmosphere.
Persons: Timothy Phillips, AARO, ” Phillips, Phillips, there’s, Sean Kirkpatrick, , Organizations: CNN, Pentagon, United, United States Government Locations: Texas, Roswell , New Mexico, United States, China
A Google employee was accused by the DOJ of stealing confidential AI technology. The DOJ also said he ran a Chinese-based startup while employed as a software engineer at Google. AdvertisementA Google employee indicted by the US Department of Justice has been accused of stealing confidential AI technology while secretly working for tech companies in China. The indictment said Ding, who lived in Newark and was a Chinese national, joined Google as a software engineer in 2019. In May 2022, Ding started secretly uploading confidential information from Google to his private Google Cloud account, the indictment alleged.
Persons: Linwei Ding, , Leon Ding, Ding, Castañeda, Merrick Garland Organizations: DOJ, Google, Service, US Department of Justice, Authorities, Business, Prosecutors, FBI, supercomputing Locations: China, Newark , California, Newark, Chinese
CNN —A Google employee was charged Tuesday with stealing artificial intelligence trade secrets from the tech giant while secretly working with two Chinese-based companies in the AI industry. Linwei Ding, who also goes by Leon Ding, is charged with four counts of theft of trade secrets. As part of his responsibilities at Google, prosecutors say, Ding helped to develop the software deployed in Google’s supercomputing data centers. Ding was a junior employee, Google spokesperson José Castañeda told CNN, and the company monitors file transfers to cloud storage platforms including Google Drive and Dropbox. “We have strict safeguards to prevent the theft of our confidential commercial information and trade secrets,” Castañeda said.
Persons: Linwei Ding, Leon Ding, , General Merrick Garland, ” Ding, Ding, , José Castañeda, ” Castañeda Organizations: CNN, Google, supercomputing, Justice Department, FBI Locations: America, California, China, United States
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. The report said AMD designed the chip to have lower performance than its premium products in order to comply with U.S. export restrictions. But Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced. AMD will now have to obtain a license from the department's Bureau of Industry and Security, the report said. AMD and the Commerce's Bureau of Industry and Security did not immediately respond to CNBC's requests for comment.
Persons: It's Organizations: Devices, Bloomberg, AMD, Commerce Department, department's Bureau of Industry, Security, Commerce's Bureau of Industry Locations: China, department's, U.S, Beijing
The work report presented Tuesday by Premier Li Qiang to the National People’s Congress outlined plans for modest increases in overall spending and a hefty 7.2% jump in funding for the military. Li's work report is designed to showcase for the nation achievements in the past year and convey the top leadership's priorities for this year. Photos You Should See View All 60 ImagesApart from the ambitious growth target, “There is no reform, no liberalization, no action plan and no messaging of reassurance,” he said. — Another 10.4 billion yuan ($1.4 billion) will go to upgrading industries and modernizing manufacturing. “We will work to build China's self-reliance and strength in science and technology,” the report said.
Persons: it’s, Premier Li Qiang, Li, Xi Jinping's, James Zimmerman, , Tianchen Xu, What's, , Xu, ” Lynn Song Organizations: BEIJING, Premier, National People’s, Communist, American Chamber of Commerce, Economist Intelligence Unit, Baidu, Greater China, ING Economics, Locations: China, Beijing, Washington, Hong Kong, Greater
"Our investments in leading-edge logic chip manufacturing will put this country on track to produce roughly 20% of the world's leading-edge logic chips by the end of the decade," Raimondo said during a speech at the Center for Strategic and International Studies. "It takes tens of thousands of leading-edge semiconductor chips to train a single large language model." The Taiwan Semiconductor Manufacturing Company, which manufactures chips for companies such as Apple and Nvidia , is currently the world's largest, most advanced contract chip maker. Chinese chipmaker Semiconductor Manufacturing International Corporation appears to have defied U.S. sanctions in recent months by manufacturing advanced chips and is preparing to produce five nanometer chips for technology corporation Huawei. "At the outset, we said we would invest about $28 billion of the program's $39 billion in incentives for leading-edge chip manufacturing," Raimondo added.
Persons: Gina Raimondo, WASHINGTON —, Biden, " Raimondo, Raimondo, SMIC Organizations: Science, Technology, Washington , D.C, WASHINGTON, Center for Strategic, International Studies, U.S . Department of Commerce, McKinsey & Company, McKinsey, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, chipmaker Semiconductor Manufacturing International Corporation, Huawei, U.S, Commerce, CNBC PRO Locations: Rayburn, Washington ,, U.S, China
CNN —A North Korean ballistic missile fired last month by the Russian military in Ukraine contained hundreds of components that trace back to companies in the US and Europe, according to a new report. Last year, as CNN previously reported, CAR determined that 82% of components inside Iranian-made attack drones fired by Russia inside Ukraine were made by US companies. Courtesy Conflict Armament ResearchThe research also shows that North Korea was able to produce the missile and ship it over to Russia quickly. More evidence of Russia, North Korea tiesThe White House confirmed last month that Russia has been firing North Korean missiles at Ukrainian cities. North Korea has also likely provided Russia with “millions of artillery rounds” over the last year, according to a report published last week by the Pentagon’s inspector general.
Persons: Biden, North Korea —, , Korea “, Kim Jong Un, John Kirby Organizations: CNN, Research, National Security Council, North, Congress, White House, Korean, Intelligence, CAR, North Korean, United Nations Security, , National Security Locations: Korean, Russian, Ukraine, Europe, North Korea, Iran, Russia, Kharkiv, United States, Asia, US, China, Germany, Japan, Netherlands, Singapore, Switzerland, Taiwan, American, Korea, Washington, Pyongyang
Named, JS Raigei (“Thunder Whale” in Japanese), the diesel-electric attack sub is the fourth boat of the Taigei-class , which translates to “big whale.”Its launch comes almost exactly one year after the launch of the third Taigei-class sub, JS Jingei (or “Swift Whale”). With a building time of about two years each, Japan has launched a new Taigei-class sub every year since 2020. China’s current sub fleet, numbering some 59 boats, includes approximately 10 improved Kilo-class , 12 Type 039-class , and 21 Type 039A-class diesel-electric attack subs. Japan is building a larger submarine fleet but it is still only about a third the size of China's. AdvertisementJapan has so far launched four Taigei-class submarines since 2018; JS Taigei, JS Hakugei, JS Jingei, and JS Raigei.
Persons: , JS, Japan’s, , Li Organizations: Service, Kawasaki Heavy Industries, JS Raigei, Jingei, Self, Defense Force, AIP, JS Ōryū, JS Tōryū, JS Taigei, US Navy, Center for Strategic, International Studies, JS Hakugei, JS Jingei Locations: Japan, Kobe, Soviet Union, Russia, China, Beijing, Taiwan, East, South China, Miyako Strait, Philippines, Australia, South
In Las Vegas, the cacophony of voices, music, ringing slot machines and car horns that typically pulsed through the Las Vegas Strip was replaced by silence, the chirps of birds and the wails of sirens. In tourism-dependent Nevada, the unemployment rate rocketed even higher, topping out at 30.6% that month. “This is an unemployment rate that’s not driven by job losers, this is an unemployment rate driven by job seekers,” he said. Homes under construction in the Summerlin community, on July 31, 2023, in Las Vegas, Nevada. As of December 2023, the Reno metro area’s unemployment rate was just 0.2 percentage points above the nation’s 3.7% rate.
Persons: John Simpson, Steve, Sisolak, ” Simpson, It’s, , they’re, I’ve, Stephen M, Miller, Mario Tama, Bob Potts, there’s, There’s, Nevadans, Annie E, Casey Foundation’s, Jamelle Nance, Marty Elquist, ” Elquist, , Andrew Woods, Nicholas Irwin, Start’s Simpson, Irwin, Ethan Miller, Maurice Page, Page, Tesla, ” Potts, Carolyn Cole, Potts, You’ve, you’ve Organizations: CNN, Las, Republican Party, of Labor Statistics, University of Nevada, Lee Business School’s Center for Business, Economic Research, New York, Nevada Governor’s, Economic, Las Vegas, New, Workforce, Children’s, Alliance of Nevada, Education, Development, Silver State, Center for Business, UNLV, Reno, , Homes, Nevada Housing Coalition, Harvard University’s, for Housing Studies, Silver, Means, Reno Industrial Park, Apple, Panasonic, Google, Reno Industrial, Los Angeles Times, NCAA, NFL, NFL Pro Bowl Locations: Nevada, Las Vegas, Reno, ” Nevada, State, New York, New, Las, New Mexico, Vegas, “ Nevada, Silver, UNLV . Nevada, California, Sparks, Las Vegas , Nevada, Florida, Hawaii, Clark County, Sparks , Nevada, New Orleans, Denver, Southern Nevada, Northern Nevada, Los Angeles
Andrew Caballero-Reynolds | AFP | Getty ImagesApple is facing renewed challenges in China, one of its most critical markets. The iPhone giant's sales in the greater China region in the December quarter fell nearly 13% to $20.8 billion. "This increased competition exerts pressure on both Apple's older models and the base models of its new series." For a long time, Apple has been seen as a luxury brand in China with high appeal among younger audiences. GeopoliticsAnd like many foreign technology firms operating in China, the specter of geopolitics constantly hangs over.
Persons: Tim Cook, Andrew Caballero, Reynolds, Will Wong, Shah, Josh Koren, CNBC's, Gen, Koren, Apple Organizations: Economic Cooperation, APEC, Apple, AFP, Getty, Huawei, IDC, CNBC, Musketeer Capital Partners, Samsung, Bloomberg Locations: Asia, San Francisco, China, Cupertino , California, 4Q23, Xiaomi
Volkswagen, like other car giants, are pushing heavily into AI to boost their technology credentials and make their cars smarter. German automaker Volkswagen has established its own artificial intelligence lab, the company said Wednesday, reflecting growing ambitions from the car industry to adopt the buzzy technology. In a press release, Volkswagen said its new AI lab will serve as a "globally networked competence center and incubator" to produce proofs of concept in the field of the tech surrounding automotive innovations. AI labs are research and development hubs for exploring artificial intelligence breakthroughs. Volkswagen claimed it would bring its lab's AI innovations to its own vehicles to make them smarter.
Persons: Google's, Oliver Blume Organizations: Volkswagen, Microsoft, Volkswagen Group, Porsche AG, Benz
BEIJING (AP) — As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. While Biden has looked for areas of cooperation with China, Beijing is concerned about his efforts to unite allies in the Indo-Pacific in a coalition against China. “For China, no matter who won the U.S. presidential election, they would be two ‘bowls of poison’,” said Zhao Minghao, a professor of international relations at Fudan University in Shanghai. When Biden and Trump squared off in 2020, U.S. intelligence agencies reported before the election that China viewed Trump as “unpredictable” and opposed his reelection. “Trump is by nature volatile and cruel and is a person hard to be familiar with,” said Shi Yinhong, international relations professor at Renmin University of China.
Persons: Donald Trump, Joe Biden, uneasily, Biden, It’s, hasn’t, , Zhao Minghao, Sun Chenghao, Trump, Chuan Jianguo, “ Trump, Sun Yun, Sun, Xi Jinping, Antony Blinken, Xi, Miles Yu, China's, ” Yu, Deng Xiaoping, Shi Yinhong, Shi, Wang Yiwei, ” Wang, ” Shi, ___ Tang, Yu Bing, Chen Wanqing, Eric Tucker Organizations: BEIJING, U.S, China, Trump, , Fudan University, Center for International Security, Tsinghua University, Stimson Center, Hudson Institute, Communist Party, Renmin University of China, White, Institute of International Affairs, Associated Press Locations: China, Beijing, Taiwan, Shanghai, Asia, Pacific, Sun, Washington, Lago, Florida, City, United States, U.S
The update was partially to assure people that DoD wasn't "building killer robots in the basement," a senior official said. The US and some of its adversaries are making rapid progress on AI weapons, with lots of controversy in the mix. Last year, DoD updated its directive on autonomy in weapons systems, which was originally published back in 2012. AdvertisementThe move reflects the US' growing interest and progress in developing AI weapons systems. Other nations, however, had hoped to use the UN as a platform to propose restrictions and limit how autonomous weapons operate.
Persons: , Kathleen Kicks, Dominic Garcia, William Pugh, Michael C, Horowitz, isn't, Henry M, Jackson, Devin M, Langer, Tiffany Price, Khalil Hashmi, Hicks Organizations: Defense Department, DoD, Service, Pentagon, of Defense, Air Force, Barksdale Air Force Base, Defense for Force Development, Center for Strategic, International Studies, AI, Technologies, Strategic, Joint Chiefs, Staff, Tyndall Air Force Base, United Nations, New York Times, UN, The Times Locations: China, La, Ukraine, Fla, United, Russia, Australia, Israel, Pakistan
Visitors look at an BYD Seal U electric car of Chinese car brand BYD at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. BYD launched its AI-powered smart car system on Tuesday as the world's largest electric car maker seeks to better compete with rivals on advanced technologies such as automated parking. The Xuanji smart car system "perceives changes inside and outside the vehicle in milliseconds" thereby "enhancing driving safety and comfort," the firm said in a statement on Tuesday. The Chinese EV giant's Shenzhen-listed shares shed more than 2% on Wednesday in a broader decline in the China stock market. A price war and intensifying competition in the Chinese EV market have squeezed profitability for China's EV makers including BYD, Nio, Xpeng and Li Auto.
Persons: BYD, Wang Chuanfu, Tesla, Li Auto Organizations: Integrated Vehicle Intelligence, Weibo, EV giant's Shenzhen, EV, China's, Li Locations: Munich, Germany, U.S, China, Shenzhen
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