Nvidia shares hit a record high on Monday, closing at $138.07 as Wall Street anticipates earnings updates from Microsoft, Meta, Google and Amazon on their AI infrastructure spending. The stock’s climb has been stupefying — surging nearly 180% this year, following a rapid climb last year; it’s also a reflection of Nvidia’s renowned stronghold on the AI chip market, 70% to 95% of which is controlled by the outfit, per estimates by Mizuho Securities. Indeed, with a market cap of $3.4 trillion, Nvidia is now the second-most valuable U.S. company, behind only Apple. At the center of it all is…
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Bloomberg: In a report citing experts, China rejects US and Microsoft claims that Chinese hackers were behind Volt Typhoon, calling the claims a “political farce” — – China says US frames other countries for own cyber-spying — US has tied Volt Typhoon group to hacking of critical networks
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Lily Hay Newman / Wired: The FIDO Alliance debuts Credential Exchange Protocol, a specification to make passkeys portable across systems, and Passkey Central, a developer resource site — “Passkeys,” the secure authentication mechanism built to replace passwords, are getting more portable and easier for organizations …
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Mackenzie Hawkins / Bloomberg: Sources: the US mulls capping AI chip sales from Nvidia and others on a country-specific basis, with a focus on the Middle East, for national security reasons — From AGI to GPT, an AI Glossary You Can Actually Understand … Hello World … Quicktake
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Microsoft has lost an AI expert and OpenAI gained one, after the former’s VP of generative AI research Sebastian Bubeck left for the latter. The Information first reported the move, and Reuters also confirmed the departure with Microsoft. We know Bubeck as one of the main authors of papers describing Microsoft’s Phi models, a series of extra-small language and vision models intended to help push AI applications to edge devices. That kind of expertise is increasingly important as large, centralized models like OpenAI’s GPT-4o give way in some markets to on-device models that work quickly, privately, and offline. While Bubeck’s…
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We got our hands on the newest gadget from Nintendo. No, it’s not a new Switch. It’s a clock and it’s aptly called the Alarmo. The design is very Nintendo, bright red with a soft plastic knob that lights up and doubles as a dial and button. You can select from a bunch of clock faces and soundscapes from popular Nintendo games – Zelda, Mario, Ring Fit and download more. Sensors help it react to your movements and track your sleep patterns. Tons of quirky features that evoke a sense of nostalgia and might help hardcore fans justify a steep…
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Lanh Nguyen / Android Authority TL;DR Samsung is accepting Care Plus enrollment for Galaxy S24 series, Galaxy Z Flip 6, Galaxy Z Fold 6, Galaxy A25, and Galaxy A15 models. Phones must be in good working order and pass Samsung’s Device Quality Certification to be eligible. Open enrollment will continue through November 24, and new sign-ups will get 20% off the going rate. Phone insurance, like all insurance, is a gamble. What are the odds you damage your phone, in a way that’s covered by your plan, to an extent that would cost more to fix than you’d pay for…
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Ryan Haines / Android Authority When the iPhone 15 released last year, I took the plunge and switched from Android after a decade of loyalty, hoping that Apple’s long-awaited adoption of USB-C would ease the transition. Unfortunately, I quickly found that I missed Android’s extensive customization and certain features like notification channels. But with each iOS update, Apple seems to be listening to its users and addressing common pain points from migrating Android users. In that vein, the latest iOS 18 update this year brings many customization options and usability improvements that could finally offer the flexibility I’ve always loved…
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Google announced today that it has signed a deal with nuclear startup Kairos Power to build seven small reactors to supply electricity to its data centers. The agreement promises to add around 500 megawatts of carbon-free electricity at a time when energy demand for data centers and AI is surging. The new power plants are scheduled to come online by the end of the decade, according to Google. It’s not clear whether the reactors would hook up to Google’s sites directly — an arrangement known as “behind the meter” — or if they would feed into the grid with Google…
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TechCrunch has lost one of its beloved former colleagues. Steve O’Hear, who wrote for TechCrunch for more than a decade out of his hometown of London, has passed away after a short illness. He was 49. It’s hard to put into words the remarkable talent that Steve was. Born with muscular dystrophy, he spent his life in a wheelchair and had significant health, mobility and accessibility issues, but he was easily one of the most productive journalists any of us have ever worked with. Steve brought his A-game to this organization every day he worked here and was a huge…