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Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The rules restrict a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklist Chinese chip designers Moore Threads and Biren. Nvidia's business has soared since the imposition of last year's rules because its China-only chips are still better than alternatives. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. The Biden administration also hit 21 countries outside China with a licensing requirement for chipmaking tools.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, " Raimondo, Biren, ASML, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Commerce, HIT, AMD, Intel, U.S, Lam Research, Materials, Embassy, Semiconductor Industry Association, Thomson Locations: China, U.S, Beijing, Iran, Russia, United States, CHINA, Macau, Netherlands, Washington

☆ Exclusive: Upcoming US rules on AI chip exports aim to stop workarounds
▼ + stars: | 2023-10-15 | by ( Karen Freifeld | ) www.reuters.com time to read: +4 min

The new rules will block some AI chips that fall just under current technical parameters while demanding companies report shipments of others, said the official, who provided information on condition of anonymity. Last year, government restrictions kept Nvidia (NVDA.O), the world's most valuable chipmaker, from shipping two of its most advanced AI chips to Chinese customers, chips that have become the industry standard for developing chatbots and other AI systems. The U.S. now plans to introduce new guidelines for AI chips that will restrict certain advanced datacenter AI chips not currently captured, the official said. The update to the October 2022 rules is also meant to cover AI chips as technology evolves. The new restrictions may also close a loophole that gives Chinese companies access to American artificial intelligence chips through Chinese units located overseas, as Reuters reported last week.

Persons: Florence Lo, Biden, Karen Freifeld, Max A, Chris Sanders, Lisa Shumaker, Deepa Babington Organizations: REUTERS, U.S, Reuters, U.S . Department of Commerce, Nvidia, The, Commerce Department, Thomson Locations: U.S, China, The U.S, Beijing

☆ New Zealand Conservatives on Track to Win Majority in First Election After Ardern
▼ + stars: | 2023-10-14 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/oceania/new-zealand-conservatives-on-track-to-win-majority-in-first-election-after-ardern-3de10be9

Persons: Dow Jones Locations: oceania, zealand

☆ Australians Say ‘No’ to Recognizing Indigenous People in Constitution
▼ + stars: | 2023-10-14 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/australians-say-no-to-recognizing-indigenous-people-in-constitution-b328e320

Persons: Dow Jones

☆ Australia’s Plan to Address Colonial Legacy Divides Those It Aims to Help
▼ + stars: | 2023-10-11 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/oceania/australias-plan-to-address-colonial-legacy-divides-those-it-aims-to-help-db17e038

Persons: Dow Jones, db17e038

☆ China Releases Australian Journalist Detained on Suspicion of Disclosing State Secrets
▼ + stars: | 2023-10-11 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china-releases-australian-journalist-detained-on-suspicion-of-disclosing-state-secrets-b1c6a145

Persons: Dow Jones

☆ AMD to acquire AI software startup in effort to catch Nvidia
▼ + stars: | 2023-10-10 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 10 (Reuters) - AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to catch rival chipmaker Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) plans to invest heavily in the critical software necessary for the company's advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem. AMD has vowed to invest in and build a unified collection of software to power the various chips the company makes. Earlier this year, AMD created the AI group that will house the Nod.ai acquisition, Peng said.

Persons: Dado Ruvic, Victor Peng, Nod.ai, Peng, Boppana, Max A, Lincoln Organizations: REUTERS, AMD, Nvidia, Devices, Reuters, Artificial Intelligence, Thomson Locations: Santa Clara , California, San Francisco

He said in the short-term resources could be diverted if the conflict expands, such as staff at tech companies being called up as military reservists. "They will probably increase the investment in AI," Krosby said. "It could bolster support for more financial resources for tech for the military, which then ultimately transitions to the private sector tech companies," Krosby added. The tech sector has shown resilience in the past, overcoming a number of conflicts with Hamas in Gaza. Apjit Walia the Managing Director at DVN Capital said the Israeli tech sector "has historically bounced back from geopolitical tragedies."

Persons: Amir Cohen, Israel, Jack Ablin, Quincy Krosby, Jensen Huang, Benjamin Netanyahu, LPL's Krosby, Krosby, DVN Capital, Max A, Cherney, Mica Rosenberg, Steven Scheer, Kenneth Li, Megan Davies, Jamie Freed Organizations: Intel, REUTERS, FRANCISCO, Tech, Hamas, Cresset Wealth, Financial, Intel Corp, Sunday, Nvidia, Tel, Semiconductor, Meta, Apple, Microsoft, IBM, Google, Facebook, DVN, Thomson Locations: Petah Tikva, Tel Aviv, Israel, JERUSALEM, Gaza, Charlotte , North Carolina, United States, Silicon Valley, Kiryat Gat, Apjit, Francisco, New York, Jerusalem

At issue is RISC-V, pronounced "risk five," an open-source technology that competes with costly proprietary technology from British semiconductor and software design company Arm Holdings (O9Ty.F). RISC-V can be used as a key ingredient for anything from a smartphone chip to advanced processors for artificial intelligence. The RISC-V technology came from labs at the University of California, Berkeley, and later benefited from funding by the Pentagon's Defense Advanced Research Projects Agency (DARPA). Its executives said in August they believe RISC-V will speed up chip innovation and transform the tech industry. Jack Kang, vice president of business development at SiFive, a Santa Clara, California-based startup using RISC-V, said potential U.S. government restrictions on American companies regarding RISC-V would be a "tremendous tragedy."

Persons: Florence Lo, Joe Biden's, Marco Rubio, Mark Warner, Mike Gallagher, Biden, Michael McCaul, McCaul, " Rubio, Warner, Jack Kang, Kang, Kevin Wolf, Akin Gump, Barack Obama, Wolf, Max A, Cherney, Stephen Nellis, Will Dunham, Kenneth Li Organizations: REUTERS, U.S ., Arm Holdings, Republican, Democratic, Reuters, Commerce Department, People's, CCP, Chinese Communist Party, House Foreign Affairs, of Industry, Security, Commerce, University of California, Pentagon's Defense, Research Projects Agency, DARPA, HUAWEI, Huawei Technologies, Qualcomm, Google, Thomson Locations: China, U.S, Beijing, People's Republic of China, Communist China, Swiss, Berkeley, United States, SiFive, Santa Clara , California, San Francisco

CEO Sam Altman has made the acquisition of more AI chips a top priority for the company. Meta's (META.O) custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft (MSFT.O), is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Dado Ruvic, OpenAI, Sam Altman, Altman, Bernstein, Stacy Rasgon, Anna Tong, Stephen Nellis, Max A, Kenneth Li, Stephen Coates 私 Organizations: REUTERS, FRANCISCO, Reuters, Nvidia, Microsoft, Google, Amazon.com, Annapurna Labs, Devices Locations: WASHINGTON, San Francisco

☆ Losses widen, cash needed at chip startup Graphcore, an Nvidia rival, filing shows
▼ + stars: | 2023-10-05 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

Graphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% to $204.6 million, according to a filing of its 2022 financial statements filed Wednesday. According to a forecast the company made through 2027, Graphcore will need to raise more cash to break even, the filing said. The chipmaker closed operations in Norway, Japan, and South Korea and scaled back operations in other countries, according to the filing. Graphcore has raised $711.8 million at a $2.77 billion valuation, according to PitchBook data.

Persons: Dado Ruvic, Graphcore, We're, Iain Mackenzie, headcount, Max A Organizations: REUTERS, Nvidia, Revenue, Thomson Locations: Norway, Japan, South Korea, San Francisco

☆ Google to combine generative AI chatbot with virtual assistant
▼ + stars: | 2023-10-04 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 4 (Reuters) - Google on Wednesday announced plans to add generative artificial intelligence (AI) capabilities to its virtual assistant, and a company executive told Reuters the AI would allow the assistant to do things like help people plan a trip or catch up on emails and then ask follow-up questions. The Alphabet (GOOGL.O) subsidiary said during its hardware event in New York that it plans to add generative AI features from its Bard chatbot into Google's version of a virtual assistant, that aims to provide personalized help with reasoning and generative capabilities on mobile devices. "(A) whole task is done through a couple of simple questions that you're asking your assistant, which is, we think, a very, very powerful concept," Sissie Hsiao vice president, Google assistant and Bard said in an interview with Reuters. Google and other tech companies have been racing to build some form of generative AI into new or existing products. It will not include revenue generating features, Hsiao said, because Google is still in the "learning phase" with generative AI.

Persons: Dado Ruvic, Bard, Sissie Hsiao, Hsiao, Max A, David Gregorio Our Organizations: REUTERS, Google, Wednesday, Reuters, Microsoft, Thomson Locations: New York, San Francisco

☆ Samsung to manufacture chips from AI chip startup Tenstorrent
▼ + stars: | 2023-10-02 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Yves Herman/File Photo Acquire Licensing RightsOct 2 (Reuters) - Samsung's contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday. Tenstorrent is among a number of startups looking to challenge Nvidia (NVDA.O), which dominates the market for AI chips. As part of the deal, Tenstorrent plans to use one of Samsung's advanced manufacturing processes, known as 4nm, to produce the chips. The chip Samsung will manufacture is named Quasar, and is not based on RISC-V technology. The chip deal follows a Samsung investment in Tenstorrent in August as part of a $100 million capital raise that included Hyundai Motor Co (005380.KS) and others.

Persons: Yves Herman, Tenstorrent, Jim Keller, Max A, Leslie Adler Organizations: Samsung, REUTERS, Nvidia, Intel, Micron Devices, Hyundai Motor Locations: Brussels, Diegem, Belgium, Canadian, Tenstorrent, San Francisco

☆ Intel hails 'landmark' as high-volume EUV production begins at Irish plant
▼ + stars: | 2023-09-29 | by ( Padraic Halpin | Max A. Cherney | ) www.reuters.com time to read: +2 min

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. The effort in Ireland is Intel’s first attempt at high-volume manufacturing using EUV technology. Beyond its existing facilities in Ireland, Intel plans to build a big chip complex in Germany and semiconductor assembly and test facility in Poland. The three facilities will help create a first-of-its-kind end-to-end advanced semiconductor manufacturing value chain in Europe, Intel said. The new factory will double Intel’s manufacturing space in Ireland, where it is one of the country’s largest multinational employers with 4,900 people, around half its European workforce.

Persons: Dado Ruvic, Intel’s, ” Ann Kelleher Organizations: DUBLIN, Reuters, Intel, REUTERS, U.S ., Taiwan Semiconductor Manufacturing, PCs, U.S Locations: Ireland, U.S, Europe, Leixlip, Dublin, Portland, Hillsboro , Oregon, Arizona, Germany, Poland

☆ Nvidia's French offices raided in cloud-computing competition inquiry -WSJ
▼ + stars: | 2023-09-28 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 28 (Reuters) - France's competition authority raided Nvidia's (NVDA.O) local offices this week on suspicion the chipmaker engaged in anticompetitive practices, the Wall Street Journal reported on Thursday. The French competition authority, which disclosed the dawn raid on Wednesday, did not say what practices it was investigating or which company it had targeted, beyond saying it was in the "graphics cards sector." The French competition authority said that its operation this week followed a broader inquiry into the cloud-computing sector. The broader inquiry revolves around concerns that cloud-computing companies could use their access to computing power to exclude smaller competitors. Nvidia declined to comment, while the French competition authority did not immediately respond to a Reuters request for comment.

Persons: Dado Ruvic, Chips, Samrhitha, Max A, Shweta Agarwal, Matthew Lewis Organizations: NVIDIA, REUTERS, Wall Street, Nvidia, Big Tech, Apple, Thomson Locations: Nvidia's, France, Bengaluru, Max, San Francisco

☆ PsiQuantum targets first commercial quantum computer in under six years
▼ + stars: | 2023-09-28 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

Sept 28 (Reuters) - PsiQuantum is aiming to deliver its first commercial quantum computing system in under six years, its CEO said as the startup announced a partnership with the U.S. Department of Energy to develop advanced fridges for its machines. "The first system that's actually capable of solving important problems that people want to know the answer to - that's just a handful of years away," he said in an interview. Estimates for the development of practical quantum computing by other experts in the field typically put it at a decade or even 20 or more years away. The company needs to reach roughly 1 million quantum bits, or qubits, to be of practical use, O'Brien said. Because of the immense computational power in quantum computing, there is a gamut of potential applications from materials science to national security to finance.

Persons: Jeremy O'Brien, GlobalFoundries, O'Brien, Max A, Edwina Gibbs Organizations: U.S . Department of Energy, Accelerator Laboratory, Palo, IBM, Google, Microsoft, Thomson Locations: Palo Alto , California, Silicon, San Francisco

☆ Oracle spends more than $100 million on Ampere chips
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 22 (Reuters) - Oracle Corp (ORCL.N) agreed to prepay $104.1 million for processor chips made by startup Ampere Computing, according to Oracle's proxy statement filed on Friday. Oracle also invested $400 million in Ampere through a convertible note in its fiscal 2023, the proxy said. Ampere builds custom server chips based on Arm technology that compete with designs produced by Intel (INTC.O) and Advanced Micro Devices (AMD.O), which use X86. Oracle has invested hundreds of millions of dollars in Ampere since it was founded, according to filings. Amazon.com makes its own server chips that compete with Ampere, and Google makes its own artificial intelligence processors.

Persons: Brendan McDermid, Oracle, Ampere, Ampere –, Max A, David Gregorio, Rosalba O'Brien Organizations: Oracle Corporation, New York Stock Exchange, REUTERS, Oracle Corp, Ampere, Intel, Devices, Oracle, Amazon.com, Google, Thomson Locations: New York City, U.S, Ampere, San Francisco

The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming "Meteor Lake" laptop chip and from new software tools the company is releasing. Intel said on Tuesday that it was building a new supercomputer that would be used by Stability AI, a startup that makes image-generating software. China's Alibaba Group Holdings (9988.HK) is using its newest central processors to serve up chatbot technology, Intel said. If Intel Chief Gelsinger can make AI "so that anyone can use it, that creates a much bigger market for chips – the chips that he makes," Hutcheson said.

Persons: Arnd, Taylor Swift, Pat Gelsinger, Gelsinger, Sachin Katti, Dan Hutcheson, TechInsights, Hutcheson, Stephen Nellis, Max Cherney, Peter Henderson, Lincoln, Josie Kao Organizations: Intel Corporation, REUTERS, JOSE, Intel, ., Taiwan Semiconductor Manufacturing, Nvidia, Stability, Alibaba, Holdings, Meta, Reuters, Thomson Locations: Davos, Switzerland, California, Silicon Valley, HK, San Francisco, San Jose , California

☆ AI startup SambaNova launches new chip designed for higher quality AI
▼ + stars: | 2023-09-19 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

Argonne National Laboratory/Handout via REUTERS/File Photo Acquire Licensing RightsSept 19 (Reuters) - Artificial intelligence chip startup SambaNova Systems announced a new semiconductor on Tuesday, designed to allow its customers to use higher quality AI models at a lower overall cost. Security, accuracy and privacy are all areas that AI technology must be designed differently to be useful for enterprise customers. Nvidia (NVDA.O) dominates the market for AI chips, but a surge in demand triggered by interest in generative AI software made the coveted chips difficult for some companies to obtain. The new SambaNova chip is capable of powering a 5 trillion parameter model, and includes two advanced forms of memory. The company said that its combination of hardware enables customers to run larger AI models without trading size for accuracy.

Persons: ChatGPT, Rodrigo Liang, Liang, Max A, Michael Perry Organizations: U.S . Department of Energy’s, U.S . Department of Energy’s Argonne National Laboratory, Argonne National Laboratory, REUTERS, Systems, Palo, Nvidia, Intel, Devices, Taiwan Semiconductor Manufacturing Company, Thomson Locations: U.S . Department of Energy’s Argonne, Lemont , Illinois, U.S, Palo Alto , California, San Francisco

☆ South Korean AI chip intellectual property startup valued at $81.4 million
▼ + stars: | 2023-09-14 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsSept 14 (Reuters) - The South Korean chip startup Panmnesia has raised a seed round that values it at $81.4 million, the company has said. Chip design software makers Synopsys (SNPS.O) and Cadence Design Systems (CDNS.O) have expressed interest in the company's technology, Jung said. The company raised $12.5 million led by Daekyo Investment. Other investors included SL Investment, Smilegate Investment, GNTech Venture Capital, Time Works Investment, Yuanta Investment and Quantum Ventures Korea. The South Korean government aims to spur the domestic AI chip industry and plans to spend $800 million over the next five years in an attempt to increase the share of Korean AI chips in domestic data centers to 80% in 2030 from essentially zero.

Persons: Dado Ruvic, Myoungsoo Jung, Jung, Max A, Gerry Doyle Organizations: REUTERS, Reuters, Cadence Design Systems, Cadence, Daekyo Investment, SL Investment, Smilegate Investment, GNTech Venture, Time Works Investment, Yuanta, Quantum Ventures, South, Thomson Locations: Quantum Ventures Korea, Korean, San Francisco

☆ Intel to sell 10% stake in IMS Nanofabrication to TSMC
▼ + stars: | 2023-09-12 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept 12 (Reuters) - Intel (INTC.O) said on Tuesday it has agreed to sell a stake of about 10% in the IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Co (2330.TW). Intel will retain majority ownership of IMS, and the transaction is expected to close in the fourth quarter. "The investment by TSMC we believe also demonstrates the excitement across the whole semiconductor manufacturing ecosystem for the significant opportunity ahead of IMS," Intel vice president of corporate development Matt Poirier said. Intel is building a contract manufacturing business called Intel Foundry Services that competes with TSMC. Intel sold a 20% stake in IMS earlier this year to Bain Capital at the same valuation.

Persons: Dado Ruvic, Matt Poirier, TSMC, Elmar Platzgummer, Platzgummer, Yuvraj Malik, Max A, Shounak Dasgupta, Louise Heavens, David Evans Organizations: REUTERS, Intel, IMS, Taiwan Semiconductor Manufacturing, Intel Foundry Services, Bain Capital, Thomson Locations: Austrian, EUV, Bengaluru, Max, San Francisco

☆ AI quietly reshapes Apple iPhones, Watches
▼ + stars: | 2023-09-12 | by ( Max A. Cherney | ) www.reuters.com time to read: +3 min

Without using the words "artificial intelligence" to describe the emerging technology, Apple showcased a new line of iPhones and a new watch that included improved semiconductor designs that power the new AI features. In contrast, Microsoft (MSFT.O) and Alphabet's (GOOGL.O) Google set ambitious goals for the level of transformation with their AI efforts. The Neural Engine is what Apple calls the building blocks for its chips that accelerate AI functions. The AI components of the watch chip make Siri, Apple's voice assistant, 25% more accurate. The idea is to give people a way to control the Apple Watch when their non-watch hand is busy holding a cup of coffee or walking a dog.

Persons: Loren Elliott, Siri, Apple's, Max A, Lisa Shumaker Organizations: REUTERS, Apple, Microsoft, Google, Industry, Apple Watch, Thomson Locations: Cupertino , California, U.S, San Francisco

☆ Nvidia's dominance in AI chips deters funding for startups
▼ + stars: | 2023-09-11 | by ( Max A. Cherney | ) www.reuters.com time to read: +5 min

U.S. chip startups have raised $881.4 million through the end of August, according to PitchBook data. Nvidia has "indirectly" contributed to overall AI chip fundraising woes, because investors want "Home run only type investments with a huge investment, huge return," Mythic CEO Dave Rick said. About two years ago, new investments in chip startups were often $200 million or $300 million. At least two AI chip startups have overcome investor reluctance by trumpeting potential customers or their relationships with well-known executives. While these chip makers in Nvidia's shadow struggle, startups in AI software and related technologies do not face the same constraints.

Persons: Ann Wang, Nvidia’s, Greg Reichow, Dave Rick, Rick, Rivos, Brendan Burke, Tenstorrent, Jim Keller, Max A, Kenneth Li, Cynthia Osterman Organizations: REUTERS, Nvidia, Eclipse Ventures, Apple, Devices, Microsoft, AMD, Intel, Thomson Locations: Taipei, Taiwan, Santa Clara , California, U.S, San Francisco

☆ New benchmark tests speed of running AI models
▼ + stars: | 2023-09-11 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

[1/2] An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Acquire Licensing RightsSept 11 (Reuters) - An artificial intelligence benchmark group called MLCommons unveiled the results on Monday of new tests that determine how quickly top-of-the-line hardware can run AI models. The benchmark simulates the "inference" portion of AI data crunching, which powers the software behind generative AI tools. Nvidia's top submission for the inference benchmark build around eight of its flagship H100 chips. Nvidia has dominated the market for training AI models, but hasn't captured the inference market yet.

Persons: Aly, hasn't, Dave Salvator, Eitan Medina, Max A, Leslie Adler Organizations: Artificial Intelligence, REUTERS, Nvidia Corp, Intel Corp, CNN, Nvidia, Habana, Intel, Google, Thomson Locations: Shanghai, China, San Francisco

Weak mobile demand during a global economic slowdown has caused Arm's revenue to stagnate. The future growth driver is to expand market share in the Windows PC market," said Ryuta Makino, a research analyst at Gabelli Funds. ARM China has a history of late payments and presents "significant risks" to Arm's business, the company's IPO filing said. Arm said in the filing that it was owed $386.9 million by Arm China as of the end of March. Arm's chief financial officer has told investors during the marketing of the IPO that the company was not concerned about being paid back.

Persons: Dado Ruvic, Rene Haas, Ryuta Makino, Arm, Echo Wang, Svea, Bayliss, Max Cherney, Greg Roumeliotis, Richard Chang Organizations: REUTERS, Arm Holdings, stagnate, Vision Fund, Apple Inc, Nvidia Corp, Inc, Apple, Windows, Gabelli, Sales, ARM, Arm, Svea Herbst, Thomson Locations: China, United States, Arm China, ARM China, New York, San Francisco

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