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Microsoft ramps up in-house AI chip efforts with Maia 300

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Microsoft ramps up in-house AI chip efforts with Maia 300

Microsoft unveiled its third-generation Maia chip on Monday as the software giant steps up efforts to power its artificial intelligence services with in-house processors. The Maia 300 chips, scheduled to enter data centers in 2027, are expected to produce 40% more AI output per unit of electricity than top GPU-based systems. The chips could potentially help Microsoft lower costs and reduce reliance on Nvidia. CEO Satya Nadella described the processors in a LinkedIn post as “our biggest bet yet on our own silicon.” Microsoft is the parent company of LinkedIn.

3 min read A Adam Hanafi

**Microsoft Unveils Maia 300 AI Chip, Promising 40% Greater Efficiency as It Challenges Nvidia** \Microsoft is taking another major step toward reducing its dependence on outside chipmakers, unveiling its third-generation Maia artificial intelligence...

Amazon mulls $7B acquisition of AI startup Decart

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Amazon mulls $7B acquisition of AI startup Decart

Amazon could acquire artificial-intelligence startup Decart in a deal worth as much as $7 billion, WebNovare reports, citing Adam Hanafi. Three-year-old Decart offers software that lets developers utilize multiple different AI chips in their work — an ability that is "increasingly important as companies race to secure more computing power," notes Adam. Anthropic reportedly considered snapping up Decart for around $6 billion before abandoning that effort last month. "Either Amazon sees strategic value that Anthropic didn’t, or it’s willing to pay up for talent and tech," suggests Hanafi.

3 min read A Adam Hanafi

# Amazon Reportedly Eyes $7 Billion Acquisition of AI Startup Decart as Chip Competition Intensifies Amazon is reportedly exploring a multibillion-dollar acquisition of artificial intelligence startup Decart, a deal that could value the three-year-old company...

SpaceX sends Starship rocket into orbit for first time ever

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SpaceX sends Starship rocket into orbit for first time ever

A crucial day for SpaceX: Elon Musk's aerospace outfit launched Starship early Monday, getting the rocket into orbit for the first time. The test flight — Starship's 14th overall — could prove vital to SpaceX's future, which the company is building in large part around Starlink, its biggest and only profitable business. The launch carried more than two dozen new Starlink V3 satellites into space. Last month, Musk said, "It’s not out of the question that at some point, Starlink will deliver a majority of the world’s internet."

3 min read A Admin

SpaceX reached one of the most important milestones in the history of its Starship program early Monday, successfully sending the enormous rocket into orbit for the first time. The achievement came during Starship’s 14th integrated test flight and marked a...

TikTok strikes $300M deal to end child safety case

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TikTok strikes $300M deal to end child safety case

Alabama and TikTok reached an out-of-court settlement, resolving a child-safety case days before a scheduled trial. "Jury selection was set to begin on Monday," reporter Madeline Hughes writes on LinkedIn. Terms stipulate that TikTok must pay Alabama at least $100 million — a sum that could grow to $300 million should other states strike similar deals with the company. TikTok must also implement certain changes to protect teens. At least 27 other states have sued TikTok over its impact on minors; Alabama is the first of them to settle.

3 min read A Admin

TikTok has reached a major settlement with Alabama just days before the social media company was scheduled to face a jury over allegations that its platform harmed children and teenagers. The agreement makes Alabama the first state to settle among a large...

Nvidia unveils AI security push, boosts share buyback by $150B

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Nvidia unveils AI security push, boosts share buyback by $150B

Nvidia on Monday debuted a new artificial intelligence security system meant to stop agents from going off-task. The Open Agent Safety Platform consists of two open-source tools, OpenShell and Sentry, that can "quarantine a suspicious agent in milliseconds," said Justin Boitano, who leads Nvidia's enterprise AI efforts. In a LinkedIn post, CEO Jensen Huang declared, "This is... the beginning of an open ecosystem to build the trust layer for safe agent systems." Also Monday, Nvidia expanded its share buyback program by $150 billion, setting a new record.

3 min read A Admin

Nvidia is expanding beyond the chips and computing systems powering artificial intelligence with a new effort aimed at making autonomous AI agents safer. The company on Monday introduced the Open Agent Safety Platform, an open-source security framework...

US and China agree to $60B tariffs deal

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US and China agree to $60B tariffs deal

A three-day summit between the U.S. and China concluded with an agreement between the two nations to reduce reciprocal tariffs on about $30 billion of imports from each country, reported Bloomberg, which said the deal "was one of the most tangible outcomes of Xi’s state visit to Washington." Asia expert Wendy Cutler questions "when consumers may see these tariff cuts in the store," while Stella Yifan Xie, a correspondent for Nikkei Asia, says that despite the apparent progress, "Washington and Beijing remain deeply divided."

3 min read A Admin

The United States and China have agreed to reduce tariffs on roughly $60 billion worth of goods traded between the world’s two largest economies, delivering one of the clearest economic outcomes from Chinese President Xi Jinping’s state visit to...

Mortgage rates exceed 7%, pressuring prices

Article

Mortgage rates exceed 7%, pressuring prices

The housing market isn't helping America's affordability woes. In order to offload homes in an otherwise stagnant market, sellers started lowering prices even before the average 30-year fixed-rate mortgage reached 7.03% on Thursday. Last month, sellers slashed prices on nearly one in five homes for sale — more than any other month since 2020. Economist Lawrence Yun urges homeowners considering a sale to accept elevated rates as the "new normal." A rate of 7% historically represents a psychological barrier for buyers pushing budgetary limits.

3 min read A Admin

America’s housing affordability crisis is entering another difficult phase as mortgage rates climb back above 7% and sellers increasingly cut asking prices to attract buyers. The average rate on a 30-year fixed mortgage reached 7.03% on Thursday, creating...

Novo inks $1.3B deal for monthly — or even quarterly — GLP-1 shots

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Novo inks $1.3B deal for monthly — or even quarterly — GLP-1 shots

Novo will pay up to $1.3 billion to license technology from Sweden's Nanexa that could significantly change how patients take popular obesity drugs. Under the terms of the deal announced Friday, the Ozempic maker will help develop Nanexa's PharmaShell drug-delivery system — hopefully cutting the number of injections people need to just once a month or even once a quarter. Novo exec Brian Stidsen Vandahl explains, "As patient populations become increasingly diverse, we see value in pursuing different approaches that can help address varying needs, preferences and treatment experiences."

3 min read A Admin

Novo Nordisk is making a major bet on technology that could dramatically reduce how often patients need to inject obesity and diabetes medicines. The Danish pharmaceutical giant has entered a licensing and development agreement with Sweden’s Nanexa...