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Real-time News
Artificial Intelligence: 1. The US will hold an AI summit in Lima, Peru on September 8. 2. British media: The Bank of England is investigating investment banks exposure to Asian stocks to avoid concentrated bets on AI. 3. OpenAI president responds to Apple lawsuit: We are highly innovative and do not need other company secrets. 4. OpenAI announces the launch of CHATGPT for academic researchers, which will be provided free of charge to 100,000 researchers. 5. OpenAI CFO: The companys annualized revenue in July exceeded the total for the entire second quarter. Other: 1. SpaceX wins a $1.6 billion contract from the US Space Force. 2. Metas revenue hits record highs, but AI costs drag down its stock price in after-hours trading. 3. Two major MLCC manufacturers raise prices: Samsung Electro-Mechanics to raise prices by 30% starting in August, and Taiyo Yuden to raise prices starting in September. 4. The US announces a letter of intent for $874 million in semiconductor R&D investment. 5. Yangtze Memory Technologies: The online claim that "all 19 claims of its core 3D NAND patent have been ruled invalid" is a seriously misleading description. 6. Microsofts Q4 revenue exceeded expectations at $90 billion, with Azure cloud revenue surpassing $100 billion for the first time. Microsoft expects first-quarter revenue of $90 billion and maintains positive free cash flow for the new fiscal year. A Ukrainian Interior Ministry advisor stated that Russia has launched a large-scale attack on Ukraine, targeting multiple cities, including Kyiv. Cruise missile strikes are expected soon.On July 30th, Microsoft (MSFT.O) CEO Satya Nadella emphasized that customers must have the ability to freely switch between different closed-source and open-source AI models. He told analysts on Wednesdays conference call that the number of Microsoft customers building with multiple models has quadrupled since the beginning of the year. "You have to separate your system framework from the models," Nadella said. "That means any particular model should be replaceable at any given time. You should also be able to use cutting-edge models. Theres no reason not to, but you can also use multiple models, right?" Microsoft has investments in both OpenAI and Anthropic, but last week signed an open letter with companies like Nvidia and Palantir supporting open models.Market news: Intel (INTC.O) has granted access to some technologies to startup RosaicLabs, whose CEO is a co-investor of Intels CEO in other companies.July 30th - On the evening of the 29th local time, Iraqi Armed Forces Commander-in-Chiefs spokesman, Sabah Numan, stated that the joint US-Saudi Arabian operation against Iraqi militias has hindered the investigation into previous attacks on Saudi Arabia. Numan said the Iraqi government has requested evidence of attacks on Saudi Arabia by armed forces originating within Iraq, but "no one has provided any." Iraqi security forces are developing plans to prevent attacks on the country and uphold Iraqi sovereignty. The Iraqi government rejects any aggression from outside Iraq and will not allow weapons to remain outside the states control.
