Intel's daring venture into the crypto chip market has been slowed down by the withdrawal of its Blockscale 100 ASIC after being launched just a year ago. This move goes hand in hand with Intel's recent focus on more profitable investments, such as the closure of its cellular modem business, which will come into effect by March. Despite the crypto market crash in 2019, Intel pushed ahead with the project, yet it's now clear that their ambition won't be realized. Raja Koduri, a key player who spearheaded the project, left Intel in March while they focus on more cost-effective means of operation. Despite the bad news, Intel remains a major player in the tech industry and will continue to make daring investments.
Michael Dell, founder of Dell Technologies, is exploring opportunities to diversify their component sourcing outside of China to avoid potential supply chain disruptions. Dell will reduce the use of ‘made in China’ chips in their electronic products by 2024, and have invested in chip production in Europe and the US. Dell's end of year figures show decreasing sales in PC, so diversifying supply chain could help increase sales.
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In a historic move, Japan has embraced OpenAI's ChatGPT technology to make government regulations more transparent. For the first time ever, a government agency has adopted this advanced AI system to ease the burden of annually updated paperwork. Minister Tetsuro Nomura has declared that the chatbot will only process publicly available information. Visit Asahi paper to know more about the ministry's plans and how they plan to use the technology. Reap the benefits of ChatGPT now!
. At the IIT, Jammu, the VLSI Himalayan Chapter of Northern India was recently inaugurated by Saurabh Bhagat, Commissioner Secretary of Science and Technology. This chapter aims to promote research & joint programs amongst universities, research institutions, IITs, NITs and IISc. Jammu and Kashmir emerged as the top performer in 'Support to Start-up Ecosystems'. To further develop the start-up ecosystem, the J&K administration is focusing on sectors such as food processing, agriculture & renewable energy. MOU signed between J-K Science, Technology, and Innovation Council and IIT Jammu to promote incubation & innovation. Intel, Texas Instruments and Gov of India all working towards capacity development and other initiatives. The IIT, Jammu is dedicated to empower youth and private investment through innovations.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?