Amazon is expanding its Trainium AI chip strategy beyond its cloud computing service, AWS. The company’s AI chief, Peter DeSantis, revealed that discussions with potential customers have begun, although he did not disclose their identities. This move comes as investors embrace a broader risk-on trade, leading to a surge in technology stocks.
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A federal appeals court has given Ohio the green light to enforce a law requiring social media platforms to obtain parental consent before allowing users under 16 to access their services. This decision overturns a lower court ruling that had previously blocked the Social Media Parental Notification Act from taking effect.
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AT&T’s plan to exit copper is facing resistance from the California Public Utilities Commission (CPCU). The state agency argues that AT&T is trying to evade its obligations as a carrier of last resort and ensure access to basic telephone service.
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Intel has appointed former SK Hynix and SK On CEO Seok-Hee Lee as executive vice president of its contract chip-manufacturing business. Lee will report directly to CEO Lip-Bu Tan and oversee advanced packaging, system integration, back-end technology development, and back-end manufacturing.
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Noam Shazeer, Vice President of Engineering and Gemini co-lead at Google DeepMind, is leaving to join OpenAI. Shazeer expressed his excitement about joining OpenAI and acknowledged the difficulty of his decision to leave Google.
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This week was a rollercoaster ride for the tech industry, with significant developments from major players like Amazon.com Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), AT&T Inc. (NYSE:T), Intel Corp. (NASDAQ:INTC) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL).
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