Curbs

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July.Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell between 0.8 percent and 1.8 percent, caught in the US-China crossfire.The Philadelphia chip index dropped 0.9 percent.Last year, US officials had ordered Nvidia to stop…

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July.Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell between 0.8 percent and 1.8 percent, caught in the US-China crossfire.The Philadelphia chip index dropped 0.9 percent.Last year, US officials had ordered Nvidia to stop…

Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking. Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

BlackRock Inc. Chief Executive Officer Larry Fink said artificial intelligence has tremendous potential to boost productivity and may ultimately be the technology that can tamp down inflation.The collapse of productivity has been a key issue within global economies and a major “reason why we have such sticky inflation,” he said Wednesday at the BlackRock Investor Day. Fink said AI “may be the technology that can bring down the inflation.” The CEO of the world's largest asset manager said AI could have “some very large…

Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the world's biggest chip market, despite rising tensions between Washington and Beijing, according to people familiar with the matter.Huang, who headlined a trade show in Taiwan this week, plans to travel to China for the first time in years in June, said the people, who asked not to be identified because his schedule is private. Companies on his itinerary include gaming leader Tencent Holdings Ltd. and TikTok-owner…

Happy Friday! Good vibes coming your way as we start the weekend. Also some relief for Ola, Uber and Rapido as the Delhi High Court set aside the order halting bike taxi operators from plying in the national capital. This and more in today’s edition of ETtech Top 5.Also in this letter:■ OpenAI has no plans to leave Europe■ ETtech Deals Digest■ Ashneer Grover has “removed defamatory posts” against BharatPeHC sets aside Delhi govt's notice halting services of Rapido, Uber, Ola, others In what brings respite…

WASHINGTON—A federal plan to resume tighter limits on the prescribing of controlled substances through telehealth has spurred a backlash from some medical and patient advocacy groups who say the requirements would create barriers to care. The organizations are urging the Drug Enforcement Administration to reconsider proposed rules that would let doctors remotely prescribe a 30-day supply of some drugs, including buprenorphine for opioid-use disorder, as well as ketamine and testosterone, but require at…

Germany's antitrust regulator has opened the door for measures to curb Apple after deciding that the U.S. tech giant's market dominance makes it worthy of such measures, the body said in a statement on Wednesday. The Bundeskartellamt regulator has designated Apple a "company of paramount significance for competition across markets", it said. "The company is - beginning with its mobile devices such as the iPhone - the operator of a comprehensive digital ecosystem with a high significance for competition not only in…

Italy's Data Protection Authority on Friday temporarily banned OpenAI's ChatGPT chatbot and launched a probe over a suspected breach of the artificial intelligence application's data collection rules. The agency, also known as Garante, accused Microsoft Corp-backed ChatGPT of failing to check the age of its users who are supposed to be aged 13 and above. ChatGPT has an "absence of any legal basis that justifies the massive collection and storage of personal data" to "train" the chatbot, Garante said. OpenAI has 20 days…

Japan said it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a US push to curb China's ability to make advanced chips. Japan, home to major chip equipment makers such as Nikon Corp and Tokyo Electron Ltd, did not specify China as the target of the restrictions, saying manufacturers would need to seek export permission for all regions. "We are fulfilling our responsibility as a technological nation to contribute to international peace and stability,"…