
ASML ups full-year sales forecast as China demand stays strong
By Toby Sterling AMSTERDAM Dutch semiconductor equipment maker ASML reported second-quarter earnings that beat expectations on Wednesday and
1970-01-01 08:00

US moves to restrict trade threatens chip industry: China industry association
BEIJING The U.S. government's moves to restrict trade threatens globalisation in the semiconductor sector and consumer interests, the
1970-01-01 08:00

Meta unveils its ChatGPT rival Llama
Meta has unveiled its new artificial intelligence system “Llama 2” rivalling the likes of OpenAI’s ChatGPT chatbot. The Facebook parent company’s chief Mark Zuckerberg said on Tuesday that the new AI system, created after partnering with Microsoft, is free to use for research and commercial purposes in contrast to its competitors. Microsoft also said it aims to “democratise AI and its benefits” with the launch of Llama 2. A previous version known as Llama, had been launched in February, but leaked onto the internet in March and was tinkered with by the public since. Compared to some of their Big Tech rivals developing large AI language models, Meta and Microsoft said they seek to provide “an open approach”, offering researchers and companies a peek into the data and code they use to build their AI. “We believe an open approach is the right one for the development of today’s AI models, especially those in the generative space where the technology is rapidly advancing,” Meta noted in a blog post. “Giving businesses, startups, entrepreneurs, and researchers access to tools developed at a scale that would be challenging to build themselves, backed by computing power they might not otherwise access, will open up a world of opportunities for them to experiment, innovate in exciting ways, and ultimately benefit from economically and socially,” the tech giant noted. The new AI system Llama 2 is in contrast with other chatbots like ChatGPT by OpenAI and Bard by Google that are not open source. “Open source drives innovation because it enables many more developers to build with new technology,” Mr Zuckerberg said in a Facebook post. “It also improves safety and security because when software is open, more people can scrutinize it to identify and fix potential issues. I believe it would unlock more progress if the ecosystem were more open, which is why we’re open sourcing Llama 2,” he said. However, despite Meta’s claims of open-sourcing its new AI system, the data it used to build Llama 2 still remains unclear. A research paper released along with the new model says it was trained on “a new mix of data from publicly available sources, which does not include data from Meta’s products or services”, but does not mention specifically what data was used. The paper, however, noted that Meta removed data from websites containing a “high volume of personal information about private individuals”. The new AI models can be directly downloaded or via a partnership, which makes them available on Microsoft’s cloud platform Azure, Meta said. “Starting today, Llama 2 is available in the Azure AI model catalog, enabling developers using Microsoft Azure to build with it and leverage their cloud-native tools for content filtering and safety features,” it said. “It is also optimized to run locally on Windows, giving developers a seamless workflow as they bring generative AI experiences to customers across different platforms,” it said. Llama 2 is also available via Microsoft’s rival Amazon Web Services (AWS) and Hugging Face, among other providers, Meta said. Read More Threads starts limiting how many posts people can see as it is hit by spam attacks $44 billion and eight months later. It’s finally all over for Elon Musk ChatGPT rival with ‘no ethical boundaries’ sold on dark web Xbox and PlayStation sign major deal on the future of Call of Duty Microsoft changes its default typeface for only the second ever time Microsoft’s attempt to buy Call of Duty developer reaches huge new development
1970-01-01 08:00

South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
1970-01-01 08:00

AI Is No Easy Fix for NFT Selloff, Says Creator of Historic $69 Million Artwork
The intersection of artificial intelligence and nonfungible tokens provides no simple antidote for the slump in the market
1970-01-01 08:00

Ex-FTX Chief Operating Officer Constance Wang Emerges at Sino Global
Zhe “Constance” Wang, who served in several executive-level roles at Sam Bankman-Fried’s FTX before the collapse of the
1970-01-01 08:00

Morgan Stanley Moves 200 Technologists Out of China on Data Law
Morgan Stanley is shifting more than 200 technology developers out of mainland China after the country tightened access
1970-01-01 08:00

Crypto Fund Fraudster Gets Nine Years in $249 Million Scheme
The Long Island, New York, man who admitted swindling hundreds of millions of dollars from investors through his
1970-01-01 08:00

AT&T Says Less Than 10% of Its Network Has Lead Covered Cables
AT&T Inc. says less than 10% of its nationwide copper-wire telecom network has lead-clad cables, addressing investor concerns
1970-01-01 08:00

A Twitter user found that some airline phone numbers on Google Maps link to scammers
Google is working to fix false contact information for some major airlines on Google Maps after a Twitter user found a phone number actually connected callers to scammers.
1970-01-01 08:00

Troubled Crypto Firm Put Into Receivership in Nevada
The Eighth Judicial District Court of Nevada has ordered Prime Trust LLC into receivership amid allegations the custodian
1970-01-01 08:00

Meta's Threads app rolls out first big batch of updates
Meta's Twitter rival app Threads on Tuesday rolled out its first major batch of updates since its launch two weeks ago as it works to maintain momentum.
1970-01-01 08:00