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WASHINGTON, July 17 (Reuters) - U.S. chip company executives met with top Biden administration officials on Monday to discuss China policy, the State Department and sources said, as the most powerful semiconductor lobby group urged a halt to more curbs under consideration. Secretary of State Antony Blinken talked with chip company chief executives about the industry and supply chains after his recent trip to China, a department spokesperson told reporters. The chip industry is keen to protect its profits in China as the Biden administration considers another round of restrictions on chip exports to China. Last year, China accounted for $180 billion in semiconductor purchases, more than a third the worldwide total of $555.9 billion and the largest single market, according to Semiconductor Industry Association (SIA). The Biden administration is considering updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment.

Persons: Antony Blinken, Gina Raimondo, Lael Brainard, Jake Sullivan, Biden, Blinken, Matthew Miller, Commerce's Raimondo, Washington, hobble, Pat Gelsinger, David Shepardson, Andrea Shalal, Simon Lewis, Stephen Nellis, Chris Sanders, Susan Heavey, Matthew Lewis, Nick Zieminski Organizations: Biden, State Department, National Economic, National Security, Intel, Qualcomm, Nvidia, Reuters, Semiconductor Industry Association, SIA, Department, White, Commerce Department, Huawei Technology Co, San, Thomson Locations: China, U.S, Washington, San Francisco

The chip industry is keen to protect its profits in China as the Biden administration considers another round of restrictions on chip exports to China. The Biden administration is considering updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment. Not every official is expected to meet with every company, the source who spoke on condition of anonymity added. Further rule-tightening by U.S. officials risks "disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China," the industry group said. "The availability of Gaudi2 in China continues Intel’s nearly 40-year history of delivering innovative yet legally-compliant products to this key growth market," Intel said in a statement.

Persons: Antony Blinken, Gina Raimondo, Lael Brainard, Jake Sullivan, Biden, Matthew Miller, chafed, hobble, Blinken, Pat Gelsinger, Raimondo, David Shepardson, Andrea Shalal, Simon Lewis, Stephen Nellis, Susan Heavey, Matthew Lewis, Nick Zieminski Organizations: Biden, National Economic, National Security, Intel, Qualcomm, Nvidia, Semiconductor Industry Association, SIA, Department, Administration, White, Reuters, Commerce Department, U.S, Huawei Technology Co, San, Thomson Locations: China, U.S, Washington, Intel’s, San Francisco

July 17 (Reuters) - The U.S.-based Semiconductor Industry Association trade group on Monday called on the Biden administration to "refrain from further restrictions" on chip sales to China as chief executives from the biggest U.S. semiconductor firms planned to visit Washington this week to press their views on China policy. The statement came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment. Reuters reported last week that the chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) planned to meet with government officials to discuss their views on China policy. The statement also comes after China moved to restrict exports of raw materials such as gallium and germanium that are used in making chips. The industry group said that further rule-tightening by U.S. officials risks "disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China."

Persons: Biden, hobble, Stephen Nellis, Karen Freifeld, Nick Zieminski Organizations: Semiconductor Industry Association, Reuters, Intel Corp, Qualcomm Inc, U.S, Thomson Locations: U.S, China, Washington, San Francisco, New York

The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said. Intel and Qualcomm declined to comment, and officials at the White House did not immediately return a request for comment. The sources said other semiconductor CEOs may also be in Washington next week. The chip industry has been warmly received in Washington in recent years as lawmakers and the White House work to shift more production to the U.S. and its allies, and away from China. Many U.S. chip firms get more than one-fifth of their revenue from China, and industry executives have argued that reducing those sales would cut into profits that they reinvest into research and development.

Persons: Arnd, Biden, Pat Gelsinger, Cristiano Amon, Andrea Shalal, Stephen Nellis, Karen Freifeld, Chris Sanders, Edmund Klamann Organizations: Intel Corporation, REUTERS, Intel Corp, Qualcomm Inc, Intel, Qualcomm, White, Huawei Technologies Co, Reuters, Huawei, Nvidia, Nvidia Corp, Thomson Locations: Davos, Switzerland, Washington, China, U.S, Beijing, Many U.S, San Francisco, New York

REUTERS/Arnd Wiegmann/File PhotoJuly 14 (Reuters) - The chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said. Intel and Qualcomm declined to comment, and officials at the White House did not immediately return a request for comment. The sources said other semiconductor CEOs may also be in Washington next week. U.S. officials are considering tightening export rules affecting high-performance computing chips and shipments to Huawei Technologies Co Ltd, sources told Reuters in June.

Persons: Arnd, Biden, Andrea Shalal, Stephen Nellis, Karen Freifeld, Edmund Klamann Organizations: Intel Corporation, REUTERS, Intel Corp, Qualcomm Inc, Intel, Qualcomm, White, Huawei Technologies Co, Reuters, Huawei, Nvidia, Thomson Locations: Davos, Switzerland, Washington, China, U.S, San Francisco, New York

"U.S.-China competition is on the same starting line," Chipuller chairman Yang Meng said about chiplet technology in an interview with Reuters. "They can still develop 3D stacking or other chiplet technology to work around those restrictions. Beijing is rapidly exploiting chiplet technology in applications as diverse as artificial intelligence to self-driving cars, with entities from tech giant Huawei Technologies to military institutions exploring its use. About a quarter of the global chip packaging and testing market sits in China, according to Dongguan Securities. Huawei, China’s tech and chip design giant that has been put on the U.S.'s most restricted list, has been actively filing chiplet patents.

Persons: Yang Meng, Charles Shi, Needham, Yang, Needham's Shi, Chipuller, Laura Black, Melissa Mannino, Perry Bechky, Rowe, Mike Gallagher, Biden, ”, Chipuller's Yang, zGlue, CFIUS, Shayne Phillips, MIIT, Jane Lanhee Lee, Eduardo Baptista, Echo Wang, Stephen Nellis, Kenneth Li, Brenda Goh, Lincoln Organizations: Chipuller, Industry, Reuters, Huawei Technologies, Intel, Dongguan Securities, People’s Liberation Army, PLA, Acclaim, British, Islands, Sea Investment Co, Foreign Investment, Treasury, Akin's Trade, Berliner Corcoran, Department of Commerce, Huawei, U.S, TongFu Microelectronics, JCET, Beijing ESWIN Technology Group, China’s Ministry of Industry, Information Technology, Thomson Locations: Shenzhen, China, U.S, United States, Japan, South Korea, Taiwan, Beijing, Dongguan, BakerHostetler, People's Republic of China

☆ Nvidia deepens bets on AI in drug discovery with Recursion investment
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +2 min

July 12 (Reuters) - Chip designer Nvidia (NVDA.O) will invest $50 million to speed up training of Recursion's (RXRX.O) artificial intelligence models for drug discovery, the companies said on Wednesday, sending the biotech firm's shares surging about 62%. Recursion, whose advisers include AI pioneer Yoshua Bengio, will use its biological and chemical datasets exceeding 23,000 terabytes to train AI models on Nvidia's cloud platform. Nvidia, seen as a big winner of the boom in artificial intelligence, could then license those models to biotech firms through BioNeMo, a generative AI cloud service for drug discovery that it rolled out earlier this year. The investment comes as Recursion strengthened its AI focus in May by snapping up two companies in the AI-driven drug discovery space for $87.5 million. The Salt Lake City, Utah-based company's current partners include Bayer (BAYGn.DE) and Roche (ROG.S).

Persons: Nvidia, Roche, Mubadala, Baillie Gifford, Chavi Mehta, Stephen Nellis, Mariam Sunny, Shilpi Majumdar, Sriraj Organizations: Nvidia, Bayer, Baillie Gifford & Co, Thomson Locations: BioNeMo, Salt Lake City , Utah, Abu, Bengaluru, San Francisco

☆ Applied Materials aims to boost chip factory productivity with new tech
▼ + stars: | 2023-07-11 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Applied Materials announced the new system at a chipmaking conference in San Francisco. The United States is poised to deploy tens of billions of dollars in subsidies on chip factories and European Union lawmakers were set to enact similar legislation. "You're trying to get more productivity, a smaller footprint, the intelligence and energy savings for those applications," Rice said of memory chips. "It's going to continue to grow ... but for right now, it's started out with mostly the leading memory" factories, he said. Reporting by Stephen Nellis in San Francisco Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Rice, Rice, it's, Stephen Nellis, Matthew Lewis Organizations: FRANCISCO, Materials, European Union, San, Thomson Locations: San Francisco, United States

July 11 (Reuters) - Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer access to its chat program Claude and upgraded underlying technology that the company says makes "Claude 2" better at tasks such computer coding and arithmetic. Businesses can launch products drawing on the model, and consumers in the U.S. and UK can chat with it online. Anthropic said in its upgrade of Claude it had doubled the model's performance on a safety evaluation. Unlike Claude, its recent GPT-4 model is "multimodal," meaning it can respond not just to text but to images that humans give it. Anthropic, founded by former OpenAI executives, said Claude 2 now scores 76.5% on the multiple-choice section of the Bar, up from 73% for its earlier model.

Persons: Claude, Anthropic, ChatGPT, Sandy Banerjee, Banerjee, Jeffrey Dastin, Stephen Nellis, David Gregorio Our Organizations: Google, Microsoft, Thomson Locations: San Francisco, Silicon Valley, U.S

☆ IBM mulls using its own AI chip in new cloud service to lower costs
▼ + stars: | 2023-07-11 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

IBM is hoping to take advantage of the boom in generative AI technologies that can write human-like text more than a decade after Watson, its first major AI system, failed to gain market traction. One of the barriers the old Watson system faced was high costs, which IBM is hoping to address this time. Khare said using its own chips could lower cloud service costs because they are very power efficient. IBM has joined other tech giants such as Alphabet's (GOOGL.O) Google and Amazon.com (AMZN.O) in designing its own AI chips. Instead, IBM's chip aims to be cost-efficient at what AI industry insiders call inference, which is the process of putting an already trained AI system to use making real-world decisions.

Persons: Mukesh Khare, Watson, Khare, Stephen Nellis, Jamie Freed Organizations: FRANCISCO, Business Machines, IBM, Reuters, IBM Semiconductors, Artificial Intelligence, Samsung Electronics, Google, Nvidia, Thomson Locations: San Francisco, watsonx

☆ Samsung sues Chinese rival over alleged patent violation on iPhone displays
▼ + stars: | 2023-07-03 | by ( Hyunjoo Jin | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, July 3 (Reuters) - South Korea's Samsung Display has filed a lawsuit against BOE Technology (000725.SZ), accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple's (AAPL.O) iPhone 12. Samsung Display, a unit of Samsung Electronics (005930.KS), asked a federal jury in Texas to award damages for the infringement of patents regarding organic light emitting diode (OLED) displays supplied by BOE. Samsung also seeks an injunction from the court to halt the import and sale of the affected displays. Apple has been using OLED displays on some of its Apple Watch and iPhone models, including the latest iPhone 14. The OLED display market is dominated by Samsung Display, with BOE narrowing the gap, overtaking South Korea's LG Display (034220.KS) as the No.

Persons: BOE, Apple, OLED, Omdia, Choi Kwon, Hyunjoo Jin, Stephen Nellis, Matthew Lewis Organizations: FRANCISCO, Samsung, BOE Technology, Samsung Electronics, U.S, Apple, Apple Watch, South, LG, U.S . International Trade Commission, San, Thomson Locations: Texas, East Texas, South Korea, China, San Francisco

☆ Humane, a startup founded by ex-Apple execs, will use Qualcomm chips
▼ + stars: | 2023-06-30 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

June 30 (Reuters) - Humane, the startup founded by ex-Apple Inc (AAPL.O) executives that raised $100 million earlier this year, said on Friday that it will use Qualcomm Inc's (QCOM.O) chips in its forthcoming wearable device. Humane has not given a release date or many other details for a gadget that it said on Friday will be called "Ai Pin." Because the Ai Pin does not have a traditional screen or keyboard, it relies heavily on artificial intelligence to interact with users in natural spoken language. Humane is partnering with OpenAI for AI technology and cloud computing services, respectively. Humane and Qualcomm did not give further details on which Qualcomm chips the Ai Pin will use, but Dev Singh, vice president of business development at Qualcomm, said the offerings would come from Qualcomm's Snapdragon family of chips, which can power devices from smartphones to mixed-reality headsets, depending on the configuration.

Persons: Imran Chaudhri, Sam Altman, OpenAI, Dev Singh, Stephen Nellis, Cynthia Osterman Organizations: Apple Inc, Qualcomm, Apple's Vision, Microsoft Corp, Humane, Thomson

☆ AMD's AI chips could match Nvidia's offerings, software firm says
▼ + stars: | 2023-06-30 | by ( Stephen Nellis | ) www.reuters.com time to read: +3 min

June 30 (Reuters) - Artificial intelligence chips from Advanced Micro Devices (AMD.O) are about 80% as fast as those from Nvidia Corp (NVDA.O), with a future path to matching their performance, according a Friday report by an AI software firm. Nvidia dominates the market for the powerful chips that are used to create ChatGPT and other AI services that have swept through the technology industry in recent months. That prompted MosaicML, an AI startup acquired for $1.3 billion earlier this week, to conduct a test comparing between AI chips from AMD and Nvidia. Tang said that MosaicML used its tools, the PyTorch and AMD software to train a large language model without having to make any changes to its code base. If developers can find AMD's chips at the right price, "you can already switch to these today they're essentially interchangeable" with Nvidia chips, Tang said.

Persons: MosaicML, Hanlin Tang, Tang, OpenAI, Stephen Nellis, Aurora Ellis Organizations: Micro Devices, Nvidia Corp, Nvidia, AMD, MosaicML, Meta, Thomson Locations: San Francisco

☆ Oracle extends its flagship database to Ampere's computing chips
▼ + stars: | 2023-06-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Brian Snyder/File PhotoMENLO PARK, California (Reuters) - Oracle on Wednesday said that it has modified its flagship database software to work on a new category of computing chip, starting with chips from Ampere Computing, a startup founded by former Intel executives. Oracle’s database software is used by major banks and corporations to track transactions. On Wednesday, Oracle said that the database will now also run on chips made based on a technological architecture from Arm Ltd, the same underlying technology that is in mobile phones. Ellison said Ampere’s chips are much more power efficient than offerings from its other two major chip suppliers, Advanced Micro Devices and Nvidia. By upgrading to Ampere, we’re able to take that room, double the compute and stay within the same power envelope,” Ellison said.

Persons: Brian Snyder, Ampere, Intel’s, “, We’ve, we’ve, Larry Ellison, Ellison, we’re, ” Ellison Organizations: REUTERS, MENLO, Oracle, Ampere Computing, Intel, Arm Ltd, Ampere, Amazon Web Services, Devices, Nvidia Locations: Burlington , Massachusetts, U.S, , California, Ampere

☆ Oracle adds generative AI to its human resources software
▼ + stars: | 2023-06-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

June 28 (Reuters) - Oracle Corp (ORCL.N) on Wednesday said it is adding generative artificial intelligence features to its human resources software for businesses, aiming to help draft job descriptions and employee performance goals, among other tasks. Many business users have approached generative AI technology more cautiously because it can make up untrue facts and be tricked into saying unsettling things. Oracle's human resources software is used by big businesses for hiring new employees and providing performance evaluations, among other things. "We don't expect generative AI is going to write your goals for you. If we can change that to hours and minutes, that's where we're really seeing the difference with the possibilities of generative AI," Waterman said.

Persons: Rich Buchheim, Buchheim, Guy Waterman, Waterman, Stephen Nellis, Lincoln Organizations: Oracle Corp, Microsoft Corp, Oracle, Oracle Adaptive Intelligence, Thomson Locations: San Francisco

☆ Databricks rolls out AI assistant to help analyze business data
▼ + stars: | 2023-06-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

June 28 (Reuters) - Databricks on Wednesday introduced an artificial intelligence assistant intended to help business users ask complicated questions about their corporate data in everyday language. Behind the scenes, an AI system will interpret the question, fetch the needed data, read it and produce an answer. Ali Ghodsi, chief executive of Databricks, hopes that the AI system will be especially useful because it will be trained on a company's own data, rather than generic data from the internet. That should get the AI quickly up to speed on relevant information like the dates of the company's fiscal year or industry-specific jargon, Databricks believes. By training on the customer's specific data, the new Databricks offering "understands the jargon.

Persons: Databricks, Ali Ghodsi, Ghodsi, Stephen Nellis, Cynthia Osterman Organizations: Adobe Inc, Intel Corp, Databricks, Thomson Locations: San Francisco

☆ Oracle spending 'billions' on Nvidia chips this year, Ellison says
▼ + stars: | 2023-06-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Mike Blake/File PhotoMENLO PARK, California, June 28 (Reuters) - Oracle Corp (ORCL.N) is spending "billions" of dollars on chips from Nvidia Corp (NVDA.O) as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday. Oracle is also spending "billions" of dollars on Nvidia chips but even more on central processor units (CPUs) from Ampere Computing, a chip startup it has invested in, and Advanced Micro Device Inc (AMD.O), Ellison said at an Ampere event. "This year, Oracle will buy GPUs and CPUs from three companies," Ellison said. "We will buy GPUs from Nvidia, and we're buying billions of dollars of those. Other companies such as CoreWeave, which earlier this year raised a fresh $200 million of funding, are also targeting AI companies with cloud hardware that relies heavily on Nvidia chips.

Persons: Mike Blake, Larry Ellison, Ellison, Oracle, Stephen Nellis, Richard Chang Organizations: REUTERS, MENLO, Oracle Corp, Nvidia Corp, Oracle, Amazon Web Services, Microsoft Corp, Ampere Computing, Device, Nvidia, Ampere, AMD, Google, Thomson Locations: Los Angeles , California, U.S, , California, Menlo Park , California

The Wall Street Journal on Tuesday reported that the Biden administration was considering new restrictions on exporting AI chips to China. The possible rule tightening would hardest hit Nvidia, whose strong position in the AI chip market helped make it worth $1 trillion earlier this year. The current rule around AI chips involves two restrictions. One restriction focuses on how fast chips can communicate with each other, which is important because AI systems such as ChatGPT require thousands of chips to be chained together. The other restriction focuses on how much computing power the chip can have.

Persons: Florence Lo, Biden, Colette Kress, Nvidia's Kress, Stephen Nellis, Karen Freifeld, Kenneth Li, Chris Sanders, Nick Zieminski Organizations: REUTERS, U.S . Commerce, Nvidia, Nvidia Corp, Devices Inc, Intel Corp, Reuters, Tencent Holdings, Intel, AMD, Thomson Locations: of China, U.S, China, HK, San Francisco, New York

☆ Microsoft says new computing service for chemicals can slash R&D time
▼ + stars: | 2023-06-21 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

June 21 - Microsoft Corp (MSFT.O) on Wednesday introduced a new computing service aimed at helping chemical companies speed up the research and development of new materials. Azure Quantum Elements, as the service is called, relies on computing power to help chemical companies simulate huge numbers of possible combinations of atoms. In a press release, Microsoft said that the system has helped some early customers speed up their development processes by as much as six months. Microsoft said that BASF (BASFn.DE), AkzoNobel (AKZO.AS), AspenTech, Johnson Matthey (JMAT.L), SCGC and 1910 Genetics have been testing the system. Microsoft said it was also publishing a scientific paper on the milestone but gave few other details ahead of its announcement.

Persons: Johnson Matthey, Satya Nadella, Stephen Nellis, Kim Coghill Organizations: Microsoft Corp, Microsoft, BASF, Thomson Locations: San Francisco

☆ HPE to offer cloud computing service for artificial intelligence
▼ + stars: | 2023-06-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

June 20 (Reuters) - Hewlett Packard Enterprise Co (HPE) (HPE.N) on Tuesday said that it is rolling out a cloud computing service designed to power artificial intelligence systems similar to ChatGPT. That shift toward AI is shaking up the cloud computing market because data centers must be built very differently to handle such work. In a typical cloud computing data center, software is used to chop up a single physical server into many smaller "virtual" machines that can then be rented out to customers. But data centers for artificial intelligence take an opposite approach. Justin Hotard, executive vice president and general manager of HPE's high-performance computing and artificial intelligence unit, said the company will use its experience in supercomputers to offer a service specifically for what are called large language models, the technology behind services like ChatGPT.

Persons: HPE, Justin Hotard, Hotard, Stephen Nellis, Franklin Paul Organizations: Hewlett Packard Enterprise Co, Microsoft Corp, Google, Frontier, National Laboratory, Franklin Paul Our, Thomson Locations: North America, Europe, United States, San Francisco

☆ Cisco launches new AI networking chips to compete with Broadcom, Marvell
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

June 20 (Reuters) - Cisco Systems (CSCO.O) on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom (AVGO.O) and Marvell Technology (MRVL.O). The chips are being tested by five of the six major cloud providers, Cisco said, without naming the firms. Cisco is a major supplier of networking equipment including ethernet switches, which connect devices such as computers, laptops, routers, servers and printers to a local area network. "G200 & G202 are going to be the most powerful networking chips in the market fueling AI/ML workloads enabling the most power-efficient network," Cisco fellow and formerly principal engineer Rakesh Chopra said. Cisco said the chips could help in carrying out AI and machine learning tasks with 40% fewer switches and a lesser lag, while being more power efficient.

Persons: Rakesh Chopra, Chavi Mehta, Stephen Nellis, Anil D'Silva Organizations: Cisco Systems, Broadcom, Marvell Technology, Cisco, Amazon Web Services, Microsoft, Google, Bofa Global Research, Thomson Locations: Bengaluru

☆ Exclusive: Amazon's cloud unit is considering AMD's new AI chips
▼ + stars: | 2023-06-14 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

The remarks came during an AMD event where the chip company outlined its strategy for the AI market, which is dominated by rival Nvidia Corp (NVDA.O). While AWS has not made any public commitments to use AMD's new MI300 chips in its cloud services, Dave Brown, vice president of elastic compute cloud at Amazon, said AWS is considering them. Nvidia does sell its chips piecemeal but is also asking cloud providers if they are willing to offer an entire system designed by Nvidia in a product called DGX Cloud. Brown said AWS had declined to work with Nvidia on the DGX Cloud offering. AWS started selling Nvidia's H100 chip in March, but as part of systems of its own design.

Persons: Nvidia's, Lisa Su, Su, Dave Brown, We're, Brown, Stephen Nellis, Kim Coghill Organizations: FRANCISCO, Web Services, Devices Inc, Reuters, Nvidia Corp, AMD, AWS, Nvidia, Oracle Corp, Thomson Locations: San Francisco

She spoke following a keynote presentation in San Francisco during which Su showed an AI system on the MI300X chip writing a poem about the city. "The more memory that you have, the larger the set of models" the chip can handle, Su said. But unlike past presentations where AMD has talked up a major customer for a new chip, AMD did not say who will adopt the MI300X or a smaller version called the MI300A. Nvidia, whose shares have surged 170% so far this year, dominates the AI computing market with a market share of 80% to 95%, according to analysts. Aside from the AI market, AMD said it has started shipping high volumes of a general purpose central processor chip called "Bergamo" to companies such as Meta Platforms (META.O).

Persons: Lisa Su, Dave Brown, Stephen Nellis, Su, We've, Kevin Krewell, Alexis Black Bjorlin, Nvidia's, Chintala, Sag, Leslie Adler, David Gregorio, Nick Zieminski, Mark Porter Organizations: AMD, Amazon Web, REUTERS, Devices Inc, Nvidia Corp, Reuters, Nvidia, TIRIAS Research, Intel Corp, Systems, SambaNova Systems, Google, Facebook, Nvidia's, Meta, Moor, Thomson Locations: San Francisco , U.S, Santa Clara , California, San Francisco, Bergamo

☆ AMD says Meta is using its cloud chip as it rolls out AI strategy update
▼ + stars: | 2023-06-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +3 min

Chief Executive Lisa Su said AMD has started shipping its "Bergamo" central processor. They spoke at an event in San Francisco where AMD was set to introduce its new artificial intelligence chip. Nvidia dominates the AI computing market with 80% to 95% of market share, according to analysts. Last month, Nvidia's market capitalization briefly touched $1 trillion after the company said it expected a jump in revenue after it secured new chip supplies to meet surging demand. Kevin Krewell, principal analyst at TIRIAS Research, said AMD will have to catch up on both software and research trends.

Persons: Lisa Su, Dave Brown, Stephen Nellis, Alexis Black Bjorlin, Su, Kevin Krewell, Krewell, Leslie Adler, David Gregorio, Nick Zieminski Organizations: AMD, Amazon Web, REUTERS, Devices, Facebook, Nvidia Corp, Nvidia, Intel Corp, Systems, SambaNova Systems, Google, TIRIAS Research, Thomson Locations: San Francisco , U.S, Bergamo, San Francisco

☆ AMD likely to offer details on AI chip in challenge to Nvidia
▼ + stars: | 2023-06-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

AMD Chief Executive Lisa Su will give a keynote address at an event in San Francisco on the company's strategy in the data center and AI markets. Analysts expect fresh details about a chip called the MI300, AMD's most advanced graphics processing unit (GPU), the category of chips that companies like OpenAI use to develop products such as ChatGPT. Nvidia dominates the AI computing market with 80% to 95% of market share, according to analysts. Last month, Nvidia's market capitalization briefly touched $1 trillion after the company said it expected a jump in revenue after it secured new chip supplies to meet surging demand. Kevin Krewell, principal analyst at TIRIAS Research, said AMD will have to catch up on both software and research trends.

Persons: Lisa Su, Su, Kevin Krewell, Krewell, Stephen Nellis, Leslie Adler Organizations: Devices, Nvidia Corp, AMD, Nvidia, Intel Corp, Systems, SambaNova Systems, Google, TIRIAS Research, Thomson Locations: San Francisco

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