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Alibaba Unleashes Next-Gen AI Chip, Betting Big on Agentic AI

Key Points: Alibaba revealed its new XuanTie C950, a 5-nanometer processor, on Tuesday. This server chip runs at 3.2 GHz and uses the open-source RISC-V design. It's reportedly over three times faster than its predecessor, the XuanTie C920. Alibaba is making these moves to boost profitability as AI model prices drop due to intense competition. Alibaba, the huge Chinese tech company, just showed off its...

SK Hynix Spends Billions on Advanced Chip Machine for New Products

Key Points: SK Hynix is buying an advanced extreme ultraviolet (EUV) scanner. The machine costs a massive 11.95 trillion won ($7.97 billion). The purchase is from ASML Korea, a top supplier of chip-making equipment. This move prepares SK Hynix for mass production of its next-generation products. SK Hynix, a major player in the memory chip world, is making a huge investment. The company announced on...

Jury Struggles to Reach Verdict in Landmark Social Media Addiction Trial

Key Points: A Los Angeles jury told the judge they cannot agree on a verdict for one of the defendants. The high-profile trial targets tech giants Google and Meta over social media addiction. The plaintiff is a young woman who claims she became addicted to YouTube and Instagram. If the jury fails to reach a unanimous decision, the entire case will require a retrial. A...