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Bloomberg62d agoneutral
Anthropic’s Amodei Rejects Open Model Ban But Calls for Testing

(Bloomberg) -- Silicon Valley leaders, including Anthropic PBC Chief Executive Officer Dario Amodei and Nvidia Corp. CEO Jensen Huang, are warning against a broad government crackdown on open-weight artificial intelligence systems as a response to a breakthrough Chinese AI model that’s challenged US leadership in the technology.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offse

Nvidia just made a move Wall Street wasn't ready for
TheStreet62d agoneutral
Nvidia just made a move Wall Street wasn't ready for

The artificial intelligence (AI) buildout has entered a new phase. Companies are no longer just buying chips in bulk. They now hunt land, power, and financing on a scale the tech industry rarely attempts. Nvidia (NVDA) sits at the center of that shift, and its next move could reshape how AI ...

Samsung, SK Hynix slide amid Nvidia financing worries, China competition
Reuters62d agoneutral
Samsung, SK Hynix slide amid Nvidia financing worries, China competition

South Korean chip stocks slumped on Tuesday, with Samsung Electronics and SK Hynix falling as much as ‌9.5% and 10.9%, respectively, as investors dumped AI-related bets amid mounting concerns ‌over financing risks tied to AI infrastructure spending and intensifying competition from China. SK Hynix's U.S.-listed shares had ​already slumped overnight, closing at $143.02, below their initial public offering price of $149. The benchmark KOSPI was trading down 7.3% as of 0032 GMT.

IBM (IBM) Joins Nvidia And Microsoft In Open Secure AI Alliance
Simply Wall St.62d agoneutral
IBM (IBM) Joins Nvidia And Microsoft In Open Secure AI Alliance

International Business Machines (NYSE:IBM) has joined Nvidia, Microsoft, Palantir and others to launch the Open Secure AI Alliance. The alliance aims to promote open source AI development and improve cybersecurity across AI systems. The announcement positions IBM as a founding member of an industry group focused on transparency and trust in AI. International Business Machines enters this alliance with a mixed recent share price record. NYSE:IBM closed at $216.28, with the stock down 20.4%...

Amkor Technology Q2 Earnings Call Highlights
MarketBeat62d agoneutral
Amkor Technology Q2 Earnings Call Highlights

Amkor Technology (NASDAQ:AMKR) reported record second-quarter revenue of $1.9 billion, up 13% sequentially and 26% from a year earlier, as growth in computing and automotive and industrial markets helped the semiconductor packaging and test company exceed the high end of its guidance. Chief Executi