Page 7 - Computer Chip News Today

China’s tech firms were caught off guard by breakthroughs in generative artificial intelligence. Beijing’s regulations and a sagging economy aren’t helping.

The A.I. chip maker’s revenue more than tripled, and profits rose ninefold. It also projected that its revenue would more than triple again.

The chipmaker is the latest to see a funding infusion as part of Biden's CHIPS and Science Act.

The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.

The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.

Engineers at the University of Pennsylvania developed a new chip that uses light waves to perform the math needed to train artificial intelligence models.

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A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.

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Chinese researchers unveiled that it would develop its own version of the "brain-computer interface" as early as 2025, making it a close Neuralink rival.