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Europe is pushing back on Washington’s chip war
TechCrunch AI
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off limits.
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Former Infosys chief has a new startup that wants to challenge the IT services world
TechCrunch AI
Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI.
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Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
TechCrunch AI
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
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AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
TechCrunch AI
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
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AI researchers continue to leave Google for its rivals
TechCrunch AI
Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.
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The memory chip crunch is paying off for this US company
TechCrunch AI
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
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One-two punch delivered in global operation disrupts cybercrime "assembly line"
Ars Technica AI
"Operation Endgame" simultaneously disrupts two widely used crime tools.
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Companies are scrambling to stop employees from maxing out AI budgets with small tasks
TechCrunch AI
The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.
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Congresswoman denies staff used AI to write defense funding amendment
The Verge AI
Rep. Anna Paulina Luna (R-FL) says her staff used AI for "spellcheck" in an amendment summary for a major defense bill, but denies it was used for the bill text itself and says "NO Legislation is ever drafted with AI." Luna issued the response after accounts on X began sharing...
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The $27 million Al proxy war over Alex Bores ends in a draw
The Verge AI
The expensive, $27 million political proxy war between Anthropic and OpenAI came to a draw last night when Alex Bores, a New York state Assemblyman whose popularity surged after being targeted by a pro-AI super PAC, narrowly lost the Democratic primary to represent New York's ...