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🟡 Semafor Tech: Feeling depreciated
In this edition, are we really in an AI bubble? And the next $1 trillion market is in chips.
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AI is in a market of opportunity and uncertainty, not a bubble
This week, a market selloff renewed worries that the AI bubble is deflating, and nobody wants to be the last one out.
Lisi Niesner/Reuters
AMD CEO sees chip market reaching $1 trillion by 2030
The growth will be driven by ‘insatiable’ AI demand, Lisa Su said.
Ann Wang/File Photo/Reuters
Lab-grown human brain tissue could replicate a supercomputer
Researchers are growing brain tissue that can respond to electrical signals, much like a computer, and could help create a reliable supercomputer, Nature reports.
A screen monitoring human brain cells at the Swiss startup FinalSpark. Fabrice Coffrini/AFP via Getty.
DARPA new quantum program a game-changer for the tech
The Quantum Benchmarking Initiative aims to cut through the hype and focus on the feasibility of projects.
An Atom Computing’s Phoenix quantum computer. Jane Lanhee Lee/Reuters.
IBM’s ‘big bet’ on new quantum processors
It says its Nighthawk processor moves the field forward by handling tougher computations with the same level of accuracy as its predecessor.
Courtesy of IBM
How AI-powered radars are helping protect polar bears, and humans
The ‘bear-dar’ can detect the bears’ movements using AI, and when community members receive alerts that a bear is nearby, they use noisemakers to deter it.
Carlos Osorio/Reuters
Why OpenAI won’t need a government bailout
There is no “too big to fail” in the tech industry. In fact, failure is one of the key characteristics of Silicon Valley.
Why Jensen Huang was right to warn about China’s AI capabilities
Huang’s warning, even though it was walked back, coincides with a Goldman Sachs’ estimate that top tech in China will spend more than $70 billion next year on data centers and chips.
US Energy Department boosts quantum investments
The department announced a goal for private industry to build a working quantum computer by 2028 and $625 million in funding for quantum efforts.
EU mulls AI Act pullback to catch up in AI race
The most robust AI legislation globally faced blowback across industries from banking to energy over its complex framework and potential to stifle innovation.
Google denies reports of building a data center on Christmas Island
A Google spokesperson said the project is instead a “continuation” of its subsea cable infrastructure buildout.
Microsoft superintelligence team promises to keep humans in charge
Microsoft AI’s “humanist” approach to superintelligence will be led by Mustafa Suleyman.
Perplexity cries ‘bully’ over Amazon’s legal threats
The e-commerce giant sued Perplexity, claiming its shopping agent improperly accessed accounts and disguised itself as a human.
Tom Brady claims his dog is a clone of his former pet
The football superstar worked with genetic engineering company Colossal Biosciences to clone the pet.
Europe funds AI science institute to close gap with US and China
The European Commission launched an institute for advancing AI in science, as international private tech companies are also investing in the continent.
China slashes big data centers’ electric bills
The subsidies will help data centers that use domestic chips, as Beijing champions independence from foreign products.
Sequoia Capital’s enduring strength tested by VC evolution
Sequoia’s top partner, Roelof Botha, is stepping aside to make room for the next leadership class to run one of Silicon Valley’s most important venture firms.
Australia makes pivotal decision on AI copyright deals
The country’s government rejected a tech push to create a copyright exemption that would allow AI models to train on Australian artists’ content.