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AMD to Lay Off 4% of Workforce in Strategic Shift Toward AI Chips

  • AMD will be cutting approximately 4% of its global workforce, around 1,040 employees, in a strategic shift towards AI chips.
  • The company aims to focus its resources on the rapidly expanding AI chip market to challenge Nvidia's dominance.
  • AMD's workforce reduction is part of aligning operations with the largest growth opportunities in AI and meeting the increasing demand for AI technologies.
  • While facing challenges, AMD expects $5 billion in AI chip sales for 2024, representing about 20% of its projected total revenue.

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Win this new Half-Life 2 Nvidia GeForce RTX 4080 Super graphics card

  • You have a chance to win a Nvidia GeForce RTX 4080 Super GPU with Half-Life 2 design.
  • Half-Life 2 RTX adds ray tracing to the classic shooter for its 20th anniversary.
  • The RTX 4080 Super GPU is capable of handling the latest games with ray tracing enabled.
  • It's an ideal companion for exploring City 17 with realistic reflections and shadows in Half-Life 2.

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Blackenterprise

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Hit-Boy Partners With D’USSÉ To Launch Limited-Edition Augmented Reality Experience For The Holiday

  • D’USSÉ cognac partners with Grammy Award-winning producer Hit-Boy for an augmented reality (AR) experience.
  • The AR experience, called 'The Set,' is accessed through the D’USSÉ VSOP Holiday Gift Box.
  • Users can activate an AR filter of Hit-Boy DJing in their event space and choose custom playlists based on their drink.
  • The D’USSÉ VSOP Holiday Gift Box is available for purchase at stores nationwide and online.

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Siliconangle

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At Web Summit, cloud and chip providers maneuver for market share while others fret about AI’s impact

  • AI's impact on business innovation and efficiency and its potential societal cost was one of the clear themes to emerge from this year’s Web Summit gathering that attracted more than 70,000 attendees over three days in the capital of Portugal.
  • Microsoft President Brad Smith acknowledged concerns regarding what this next wave of industrial transformation may bring. "Part of our work as a community is to build out an AI governance machine," he said during Web Summit in Lisbon.
  • Qualcomm Chief Executive Cristiano Amon characterized generative AI as the new user interface, explaining that AI's natural language capability has removed the wall between human and machine.
  • Ironically, AI's ability to create a human-first experience is also putting a turbo charge into the field of robotics.
  • Qualcomm is designing chip systems, like the Snapdragon Elite 8's AI Engine, to leverage increasingly more potent central processing units and graphics processing units to train large language models.
  • Cloud operator CoreWeave has positioned itself as an optimized alternative for AI workloads.
  • Concerns about the influence of AI in online news and social media are also being shared by mainstream media leaders and human rights advocates.
  • A number of speakers at the event were cautiously optimistic that the incoming Trump administration would be favorably disposed toward both business in general and the tech sector in particular.
  • The American actor Richard Schiff, who received an Emmy award for his role in 'The West Wing,' expressed a note of concern about the influence of Tesla, X and SpaceX leader Elon Musk who has become a prominent figure in the President-elect’s administration.
  • Looming over the Web Summit conversation this week was the future impact of a new government in the U.S. next year.

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Digitaltrends

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This fps-doubling app is now even better than DLSS 3

  • Lossless Scaling, a $7 Steam app, offers frame generation for any game and graphics card.
  • The latest update introduces a resolution scale feature, allowing for a performance boost with a minor quality loss.
  • The app also now supports Snapdragon Game Super Resolution (SGSR v1) for better upscaling results.
  • The update is available as a beta release on Steam.

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Pcgamesn

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The Nvidia GeForce RTX 5090 price just leaked, and it’s eye-wateringly high

  • The Nvidia GeForce RTX 5090 is expected to be launched at the CES trade show in January 2025.
  • The price of the RTX 5090 is rumored to be significantly higher than its predecessor, the RTX 4090.
  • With AMD not currently competing in the high-end GPU market, the RTX 5090 is expected to be the best graphics card for gaming.
  • However, interested buyers will have to pay a substantial amount of money to purchase this flagship graphics card.

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ViewAR

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SERVICE AR 4.1 is Here: Discover What’s New!

  • VIEWAR has launched SERVICE AR 4.1 with a new design system.
  • New features include direct access links and automatic API updates triggered by deletions.
  • Key improvements include faster home screen reset and increased POI highlight limit.
  • Fixes and optimizations include improved offline queue stability and incident tagging.

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Medium

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Nvidia GeForce for Windows Vista 18y ago

  • NVIDIA GeForce graphics card showcased for Windows Vista 18 years ago.
  • NVIDIA surpasses Apple in market value, becoming one of the largest companies.
  • Key milestones in NVIDIA's journey include the release of NV1, RIVA 128, GeForce 256, and CUDA.
  • NVIDIA's focus on AI, acquisition of Mellanox Technologies, and dominance in AI chip market are key factors in its success.
  • Future plans for NVIDIA include expanding into automotive, robotics, metaverse technologies, and other markets.

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Immersivelearning

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Top Augmented Reality Apps for Learning in 2024

  • AR is revolutionising traditional ways of learning, bringing 3D models into biology lessons, virtual field trips in history class and more.
  • Merge EDU stands out in offering strong AR education for science-based learning.
  • Quiver is designed for younger students who can then colour an image, and then see it morph into a moving 3D figure on the students‘ devices.
  • Google Expeditions brings AR technology to field trips.
  • JigSpace compiles interactive 3D 'Jigs' for students to learn about, from how a car engine works, to the parts of a cell.
  • With Assemblr EDU, users can build 3D math-related and art models with an intuitive interface.
  • AR Flashcards feature a 3D animated object corresponding to a letter or number, providing an engaging way for young learners to learn.
  • Froggipedia gives students the ability to virtually dissect and study the anatomy of a frog without needing real specimens.
  • CoSpaces Edu is a great app for creating 3D games and interactive stories, which can be taught by students.
  • Anatomy 4D presents the human body as seen in an interactive view, allowing students to explore detailed 3D images of organs, muscles, and other body systems.
  • Seek by iNaturalist is an AR app that lets students identify plants and animals in real-time with their smartphone cameras and encourages students to interact with their natural environment.

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Insider

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Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says

  • Nvidia stock has 25% upside potential as it approaches an iPhone moment with its Blackwell chip, according to an analyst.
  • Melius Research compares selling Nvidia stock now to selling Apple stock after the release of its first iPhone.
  • Nvidia's next-gen Blackwell GPU chip is expected to be a watershed moment for the company.
  • The analyst raised Nvidia's price target to $185, representing a potential 26% upside from current levels.

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Siliconangle

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AMD to cut about 1,000 jobs so it can double down on AI opportunity

  • Advanced Micro Devices Inc. (AMD) announced it will lay off 4% of its staff, about 1,000 jobs, to focus on the market for artificial intelligence (AI) processors.
  • AMD aims to strengthen its position in the AI processor market, which is currently dominated by rival Nvidia Corp.
  • The company's most advanced GPU, the Instinct-branded MI300X accelerator, provides an alternative to Nvidia's GPUs for data center operators.
  • AMD's job cuts align resources with its growth opportunities and its commitment to supporting impacted employees through the transition.

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Insider

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The US-China tech race is moving from chips to the raw materials they're made of

  • Rare earths play a key role in the global race for AI dominance between the US and China, and are often compared to oil in the Middle East.
  • China accounts for 60% of the world's rare earth supply and 90% of global refining output. It has recently tightened its grip on the rare earths sector, which has been met with concerns over supply chain shocks.
  • China's processes and refines critical minerals used in tech products, leaving the US vulnerable to supply chain shocks and potentially undermining its economic and national security.
  • China's increased control over rare earths resources could be used as leverage in a trade war between the US and Beijing, as chips are at the forefront of the conflict. Taiwan Semiconductor Manufacturing Company is the key supplier to AI chip giant Nvidia, one of the most powerful companies in the tech rivalry.
  • An Oxford Economics report published in July suggested that if the trade dispute between the US and China escalated then China might pull its rare earths card.
  • Beijing's moves to control critical minerals and rare earths are part of its broader toolbox developed over the past four years. This is why some analysts have drawn comparisons between the US-China conflict and the Cold War.
  • The US is also considering limiting export licenses for Nvidia and AMD chips in an unfolding trade war that has also hit several sensitive industries.
  • In the 2020s, various countries are trying to diversify their rare earth supply chains due to the high cost of investment and environmental concerns.
  • There are fears that if China tightens the supply chain for rare earths even more, it could leave the US open to supply shocks, driving up inflation for end products
  • Economic and foreign relations experts say the dynamics between the US and China during this tech race is creating two parallel systems, as the US and China are dividing themselves and their allies into their own separate camps.

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Siliconangle

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AI cloud operator CoreWeave closes $650M secondary sale

  • CoreWeave Inc. has closed a $650 million secondary sale.
  • The sale was led by Jane Street, Magnetar, Fidelity Management, and Macquarie Capital.
  • The deal values CoreWeave at $23 billion, $4 billion more than its previous valuation.
  • CoreWeave plans to expand its network of AI-optimized data centers and aims to have 28 facilities by the end of the year.

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Gizchina

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Rumored consumer Nvidia APU reportedly on par with RTX 4070 Laptop in gaming

  • Nvidia is rumored to be developing an ARM-based chip for high-efficiency gaming.
  • The rumored Nvidia APU is expected to offer gaming performance on par with the RTX 4070 Laptop GPU running at 65W.
  • The APU is said to be a competitor to the AMD Strix Halo APUs, featuring an RDNA 3.5 iGPU with up to 40 CUs.
  • The Nvidia APU is also expected to include an NPU for on-device AI capabilities.

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Digitaltrends

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Nvidia just scaled down DLSS 3, and that’s a good thing

  • Nvidia's DLSS 3 has been scaled down, which is actually a positive development for graphics cards.
  • The latest version, 3.8.10, is about half the size of the previous version.
  • Nvidia removed multiple presets and replaced them with just two, making it easier for gamers to choose between performance and graphics quality.
  • The update simplifies game settings optimization and speculation about DLSS 4 is ongoing.

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