Despite the chip restrictions, new AI models are coming out almost monthly in both countries and it’s unclear what “winning” the AI race would actually mean, or whether there is a finish line at all. Many companies are racing to develop artificial general intelligence (AGI), a theoretical form of AI capable of learning, reasoning and
Cornelis, a company creating networking technology to help AI chips communicate more effectively, announced Monday that it has raised $205 million in a funding round led by IAG Capital Partners. It also announced a product it calls Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for
Last week’s attempt to boost the sagging yen wasn’t the first time the U.S. and Japan took such joint action, but the way they did it revealed weakness in the dollar’s global status, according to a top currency expert. In a Financial Times op-ed on Tuesday, University of California at Berkeley economist Barry Eichengreen pointed
