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Real-time News
Google (GOOG.O) and Microsoft (MSFT.O) reported record numbers of discovered software vulnerabilities. The U.S. estimates the number of known cyber vulnerabilities is expected to significantly exceed 205.July 28th - According to the Financial Times, Nvidia (NVDA.O) has agreed to invest $5 billion in Safe Superintelligence, an AI startup led by OpenAI co-founder Ilya Sutskower, further strengthening the chipmakers partnership with one of Silicon Valleys most watched AI companies. Nvidia and SSI announced the deal on Monday as part of a "long-term partnership," with the startup utilizing Nvidias latest Vera Rubin hardware. Sources familiar with the matter said Nvidia has agreed to invest approximately $5 billion. Such large commitments typically come with startups reaching certain key milestones. Both companies declined to comment on the financial terms of the deal, only stating that the investment is "substantial." The funding will help SSI build the necessary computing power to leverage a research breakthrough it claims. The company stated that the investment will enable SSI to increase its available computing power tenfold over the next 12 months.U.S. Representative Nancy Mays has again called for a one-year halt to the construction of a new data center in South Carolina.Fitch Ratings: The correction in the artificial intelligence market is becoming a major credit risk.July 28 - According to Reuters, data from the U.S. Department of Energy shows that crude oil inventories in the U.S. Strategic Petroleum Reserve fell by approximately 3.7 million barrels last week, dropping to 307.7 million barrels, the lowest level since March 1983. This inventory reduction is part of an agreement reached by the United States to release 172 million barrels of crude oil from the reserve.
