Bloomberg: Kai-Fu Lee, CEO of Chinese startup 01.AI, says the company stockpiled enough Nvidia chips to last for next 18 months before the US’ China chip ban kicked in  —  – Founded this year, Kai-Fu Lee’s 01.AI is already a unicorn  — Best AI training accelerators come from US firm Nvidia Lees verder op Tech Meme

Takashi Mochizuki / Bloomberg: Japan plans to allocate extra ~$13B in subsidies to drive investment in its chip industry, on top of previously allocated subsidies which are yet to be spent  —  – Economy Ministry seeks $12 billion in extra budget for chips  — Country chasing tech leadership as geopolitical tensions rise Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Microsoft: MOVEit hackers are exploiting a zero-day flaw in IT support tool SysAid in “limited” attacks to access corporate servers and deploy Clop ransomware  —  Threat actors are exploiting a zero-day vulnerability in the service management software SysAid to gain access … Lees verder op Tech Meme

Bloomberg: Kai-Fu Lee, CEO of Chinese startup 01.AI, says the company stockpiled enough Nvidia chips to last for next 18 months before the US’s China chip ban kicked in  —  – Founded this year, Kai-Fu Lee’s 01.AI is already a unicorn  — Best AI training accelerators come from US firm Nvidia Lees verder op Tech Meme

Sean Hollister / The Verge: Epic v. Google: internal documents show Google offered Netflix to pay only 10% of its in-app payments on Android in 2017; Netflix didn’t take the deal  —  Netflix did, too.  —  In 2017, Google offered Netflix a special discounted rate of 10 percent of its in-app payments on Android … Lees verder op Tech Meme

Bloomberg: Experts say LockBit is behind the Industrial and Commercial Bank of China hack, a “ransomware as a service” group behind UK’s Royal Mail hack among others  —  – LockBit is what’s known as a ‘ransomware as a service’ group  — It is one of the most prolific ransomware attackers in world Lees verder op Tech Meme