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Japan's Rapidus lands $1.7B to chase 2nm chip production by 2027

2 months 3 weeks ago
Government and 32 private-sector backers fund push to take on TSMC and Samsung at leading-edge nodes

Japan's fledgling foundry biz Rapidus has secured funding of $1.7 billion to help it progress to mass production of 2nm semiconductors by 2027, making it a potential rival for Taiwan's TSMC.…

Dan Robinson

Your Smart TV May Be Crawling the Web for AI

2 months 3 weeks ago
Bright Data, a company that operates one of the world's largest residential proxy networks, has been running an SDK inside smart TV apps that turns those devices into nodes for web crawling -- collecting data used by AI companies, among other clients -- and most consumers have had no idea it was happening. The company has published more than 200 first-party apps to LG's app store alone and still lists Samsung's Tizen OS and LG's webOS as supported platforms, though LG says the SDK is "not officially supported" and its operation on webOS "is not guaranteed." Google, Amazon, and Roku have all since adopted policies restricting or banning background proxy SDKs, and Bright Data no longer supports those platforms. Several Roku apps still running the SDK disappeared from the store after a journalist with The Verge behind this reporting contacted the company.

Read more of this story at Slashdot.

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OpenAI Raises $110 Billion in the Largest Private Funding Round Ever

2 months 3 weeks ago
OpenAI has closed what is now the largest private financing in history -- a $110 billion round at a $730 billion pre-money valuation that more than doubles the $40 billion raise it completed just a year ago, itself a record for a private tech company at the time. Amazon invested $50 billion, SoftBank put in $30 billion, and Nvidia committed $30 billion, and additional investors are expected to join as the round progresses. The valuation is a sharp jump from the $500 billion OpenAI commanded in a secondary financing in October, and the round dwarfs recent raises by rivals Anthropic ($30 billion) and xAI ($20 billion). The company has been telling investors it is now targeting roughly $600 billion in total compute spend by 2030, a more measured figure than the $1.4 trillion in infrastructure commitments CEO Sam Altman had touted months earlier. OpenAI is projecting more than $280 billion in total revenue by 2030, split roughly equally between consumer and enterprise. ChatGPT now has over 900 million weekly active users and more than 50 million paying subscribers.

Read more of this story at Slashdot.

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