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In a rare joint statement, Five Eyes chiefs from the US, the UK, Canada, Australia, and New Zealand warn on China's IP “theft” and using AI to hack and spy (Zeba Siddiqui/Reuters) 18-10-2023

Zeba Siddiqui / Reuters: In a rare joint statement, Five Eyes chiefs from the US, the UK, Canada, Australia, and New Zealand warn on China’s IP “theft” and using AI to hack and spy  —  The Five Eyes countries’ intelligence chiefs came together on Tuesday to accuse China of intellectual property theft … Lees verder op Tech Meme

Sources: SK Hynix refused to approve the merger of Kioxia and Western Digital, a blow to Bain Capital's ambitions of creating a US-Japan chip company (Financial Times) 18-10-2023

Financial Times: Sources: SK Hynix refused to approve the merger of Kioxia and Western Digital, a blow to Bain Capital’s ambitions of creating a US-Japan chip company  —  Kioxia and Western Digital merger opposed by South Korean chipmaker SK Hynix  —  Bain Capital’s ambitions to create a US-Japan chip champion through … Lees verder op Tech Meme

The US' new 400-page chip export rules show officials are open to chip sector input on ways to keep sending AI chips to China for small and medium-sized uses (Reuters) 18-10-2023

Reuters: The US’ new 400-page chip export rules show officials are open to chip sector input on ways to keep sending AI chips to China for small and medium-sized uses  —  While stripping China’s access to key U.S. artificial intelligence chips, the Biden administration’s sweeping new rules also quietly threw Nvidia … Lees verder op Tech Meme

Amazon details Sequoia, its new AI and robotics tools for its warehouses to help reduce delivery times by up to 25% and identify inventory up to 75% faster (Sebastian Herrera/Wall Street Journal) 18-10-2023

Sebastian Herrera / Wall Street Journal: Amazon details Sequoia, its new AI and robotics tools for its warehouses to help reduce delivery times by up to 25% and identify inventory up to 75% faster  —  Company to use new AI systems at its fulfillment facilities that will work alongside employees  —  Amazon .com is introducing … Lees verder op Tech Meme

ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth (Arjun Kharpal/CNBC) 18-10-2023

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme