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White House weighs federal oversight for new AI models with industry leaders
technology25 days ago

White House weighs federal oversight for new AI models with industry leaders

White House officials are reportedly forming an AI oversight working group with tech industry leaders and government representatives to outline formal review procedures for new AI models entering the market. The discussions, including attendees from Anthropic, Google, and OpenAI, consider which agencies would lead oversight (potentially NSA, the White House National Cyber Director, and the director of national intelligence) and even revived ideas like the Center for AI Standards and Innovation, signaling a shift toward federal AI regulation despite earlier regulatory stances.

via Mashable|
#artificial-intelligence#government-policy#regulation
US-China Tensions Over Rare Earths and the Quest for Supply Security
world6 months ago

US-China Tensions Over Rare Earths and the Quest for Supply Security

Tensions between the US and China over yttrium, a crucial rare earth metal used in advanced technologies, are escalating due to China's export restrictions and control over the global supply chain, threatening to slow down industries like aerospace and semiconductors. The US is attempting to diversify sources and develop domestic production, but China's dominance and strategic measures pose significant challenges to global technological progress.

via WIRED|
#rare-earth-metals#supply-chain#technology-industry
San Antonio Tech Innovator David Monroe Killed in Jet Engine Accident
technology8 months ago

San Antonio Tech Innovator David Monroe Killed in Jet Engine Accident

David Monroe, a renowned inventor credited with creating the cellphone camera and founding the San Antonio Museum of Science and Technology, was killed in a workplace accident at Port San Antonio, where a large piece of equipment fell on him. Monroe was a prolific innovator with over 54 patents and a dedicated advocate for science and technology education. His contributions to the tech industry and his community were widely recognized, and his death is a significant loss to the local and global tech community.

via San Antonio Report|
#david-monroe#invention#port-san-antonio
Samsung Electronics Union Announces Historic First Strike
business2 years ago

Samsung Electronics Union Announces Historic First Strike

The National Samsung Electronics Union has called for the first-ever strike at Samsung Electronics, urging its 28,000 members to use their paid leave on June 7, with the possibility of a full-scale strike in the future. The union demands a 6.5% pay rise and a bonus linked to company earnings, amid ongoing wage negotiations that have yet to reach an agreement. Analysts warn that a full-scale strike could disrupt Samsung's chip manufacturing and global electronics supply chains. Samsung Electronics' shares fell by about 2% following the announcement.

via BBC.com|
#business#labor-dispute#samsung-electronics
"Nvidia's Meteoric Rise: From $2 Trillion Valuation to Bullish Analyst Predictions"
technology2 years ago

"Nvidia's Meteoric Rise: From $2 Trillion Valuation to Bullish Analyst Predictions"

Nvidia's stock has surged 258% in the past year due to the increasing demand for its specialized data center chips, driven by the growth of artificial intelligence applications. The company's data center revenue skyrocketed to $47.5 billion in fiscal 2024, comprising 78% of its total revenue. With the upcoming release of the H200 GPU, which offers faster inference and lower energy consumption, Nvidia's prospects remain strong. Despite its significant growth, the stock may still be undervalued based on forecast earnings, indicating potential for further upward momentum.

via Yahoo Finance|
#artificial-intelligence#data-center#nvidia
"Super Micro and Deckers Set to Join S&P 500, Replacing Whirlpool and Zions Bancorp"
finance2 years ago

"Super Micro and Deckers Set to Join S&P 500, Replacing Whirlpool and Zions Bancorp"

Super Micro Computer's stock price has surged over 20-fold in the past two years, leading to its inclusion in the S&P 500 with a market cap exceeding $50 billion. The company, a major player in the technology industry's artificial intelligence boom, is a primary vendor for building Nvidia-based servers for AI models. Its revenue more than doubled in the last quarter, and analysts expect further growth. Super Micro's addition to the S&P 500 is expected to drive its value up as it becomes part of index-tracking funds' portfolios.

via CNBC|
#finance#nvidia#sandp-500