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Good morning, tech fam; here are some quick tech updates for you to catch up on!
What’s New Today: China has launched its first homegrown 3D AI chip, DF1000, marking a major step toward strengthening its AI and semiconductor industry.
Fast-Track Insights: UK-based AI startup CuspAI has secured $450 million in fresh funding, backed by Jeff Bezos and Sovereign AI investors, to accelerate AI-powered materials discovery.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from China's first homegrown 3D AI chip and CuspAI's $450 million funding round to AI's impact on entry-level jobs, San Francisco's push against AI-nudify apps, and the latest crypto market liquidations.
China has launched its first self-made 3D AI chip, called DF1000, in Shanghai. Built by startup Dongfang Suanxin, the chip is designed to improve AI computing and reduce China's need for foreign chip technology. The launch marks an important step in growing the country's AI and semiconductor industry.
CuspAI, a UK-based AI startup, has raised $450 million with support from Jeff Bezos and Sovereign AI investors. The company uses artificial intelligence to discover new materials for clean energy, computer chips, and other industries. The new funding will help CuspAI grow its research, improve its technology, and expand its business.
MIT researcher Andrew McAfee says companies should not use AI to replace entry-level jobs. These jobs help young people learn new skills and prepare for bigger roles. If companies remove them, they may struggle to find skilled workers in the future and hurt their long-term growth and success.
San Francisco has asked Apple and Google to remove AI-nudify apps that create fake nude images without a person's permission. City Attorney David Chiu said these apps cause serious harm and warned of legal action. Google has removed many such apps, while Apple has not yet responded.
The crypto market saw $226 million in futures liquidations in the last 24 hours because of sharp price changes. Most of the losses came from traders who expected prices to rise. Bitcoin and Ethereum had the biggest liquidations, showing that the market remains volatile and risky for leveraged traders.
