China Questions Nvidia H20 Chip Security, Summons Company for Talks

China’s cyberspace regulator summoned Nvidia (NVDA, Financials) to explain possible security risks in its H20 artificial intelligence chip, injecting new uncertainty into the U.S. chipmaker’s China sales. Officials want to know if the chip contains tracking or backdoor features that could compromise user privacy. The move follows a U.S. proposal to require location?tracking in advanced…

Read More
Microsoft, Meta surge after blowout results

Microsoft, Meta surge after blowout results

LONDON (Reuters) -Shares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, after blowout quarterly results after-market on Wednesday. Meta shares surged 12.2% in Frankfurt after it forecast quarterly revenue well ahead of Wall Street expectations. Microsoft shares jumped 9%, as surging Azure cloud computing revenue above analysts’ expectations,…

Read More
Meta stock surges after Q2 results blow past expectations despite heavy AI spending

Meta stock surges after Q2 results blow past expectations despite heavy AI spending

Meta’s artificial intelligence spending spree appears to be paying off with investors, who sent the company’s stock soaring after hours on Wednesday following a blowout quarterly earnings report. The Menlo Park, California-based company easily beat Wall Street’s expectations for the second quarter, helped by higher advertising revenue and a growing user base on its flagship…

Read More
Mark Zuckerberg touts the potential of "personal superintelligence" — and glasses

Mark Zuckerberg touts the potential of “personal superintelligence” — and glasses

Meta CEO Mark Zuckerberg’s vision of AI involves “personal superintelligence” that will help people achieve their individual goals.  “I am extremely optimistic that superintelligence will help humanity accelerate our pace of progress. But perhaps even more important is that superintelligence has the potential to begin a new era of personal empowerment where people will have…

Read More