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In cross-examining Nishad Singh, SBF's defense finally picked holes in a US witness, pointing out that Singh used a $3.7M FTX loan of user funds to buy a house (Elizabeth Lopatto/The Verge) 18-10-2023

Elizabeth Lopatto / The Verge: In cross-examining Nishad Singh, SBF’s defense finally picked holes in a US witness, pointing out that Singh used a $3.7M FTX loan of user funds to buy a house  —  Nishad Singh looks less reliable.  Is it enough? … Of Sam Bankman-Fried’s alleged co-conspirators, Nishad Singh gave the most emotionally compelling testimony. Lees verder op Tech Meme

Amazon now has 10,000 Rivian electric delivery vehicles in the US and Europe, up from 5,000 in July 2023; Amazon aims to have 100K+ Rivian vans by 2030 (Arriana McLymore/Reuters) 18-10-2023

Arriana McLymore / Reuters: Amazon now has 10,000 Rivian electric delivery vehicles in the US and Europe, up from 5,000 in July 2023; Amazon aims to have 100K+ Rivian vans by 2030  —  Amazon.com (AMZN.O) has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe, the company said during a business presentation on Tuesday. 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

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