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14 Aug 2025

AMD CEO Lisa Su Rejects $100 Million Salaries in AI Talent War, Emphasizing Mission and Impact

AMD CEO Lisa Su pushes back against the trend of offering massive salaries to attract AI talent, emphasizing the importance of mission alignment and workplace impact over high compensation.

2 Sources

Oracle Cuts Cloud Jobs Amid AI Investment Push, Seattle Hit Hard

Oracle lays off over 300 employees in its cloud division, primarily in Seattle and California, as part of a broader strategy to redirect resources towards AI infrastructure investments.

5 Sources

Foxconn's AI Server Business Surpasses iPhone Assembly, Marking Shift in Tech Manufacturing

Foxconn, the world's largest contract electronics maker, reports that its AI server business has overtaken iPhone assembly as its main revenue driver, signaling a significant shift in the tech manufacturing landscape.

17 Sources

xAI Co-Founder Igor Babuschkin Departs to Launch AI Safety Venture

Igor Babuschkin, a co-founder of Elon Musk's xAI, has left the company to start his own venture capital firm focused on AI safety and beneficial AI development.

8 Sources

Intel Unveils USAI Initiative: Emphasizing US-Based AI and Chip Manufacturing for National Security

Intel launches its USAI campaign, highlighting its commitment to US-based advanced chip manufacturing and AI solutions for the public sector and military, emphasizing ethical and secure AI innovation made in America.

2 Sources

NVIDIA Confirms Next-Gen Rubin AI GPUs On Track, Debunking Delay Rumors

NVIDIA has officially confirmed that its next-generation Rubin AI GPU architecture is on schedule, refuting recent rumors of delays or redesigns aimed at competing with AMD's upcoming Instinct MI450 AI accelerators.

3 Sources

NeoLogic Raises $10M to Develop Energy-Efficient CPUs for AI Data Centers

NeoLogic, an Israeli startup, has secured $10 million in Series A funding to develop innovative, energy-efficient CPUs for AI data centers using their proprietary CMOS+ technology.

2 Sources

North Korean Hackers Intensify Efforts to Infiltrate Crypto Industry

North Korean hackers are escalating their attempts to infiltrate cryptocurrency companies through sophisticated methods, including fake job applications and malware-infected software libraries.

2 Sources

RBI Committee Proposes Comprehensive AI Framework for India's Financial Sector

The Reserve Bank of India's committee has recommended a framework for responsible AI adoption in the financial sector, balancing innovation with risk mitigation and emphasizing trust, fairness, and accountability.

6 Sources

Atlassian Co-Founder Scott Farquhar Sparks Controversy Over AI Copyright Exemptions in Australia

Scott Farquhar, Atlassian co-founder and Tech Council of Australia CEO, advocates for US-style copyright law in Australia to allow AI companies to use creative content without compensation, sparking debate on fair use and potential impacts on creative industries.

2 Sources

Cisco Surpasses AI Infrastructure Sales Targets, Forecasts Strong Growth Amid AI Boom

Cisco reports significant growth in AI infrastructure sales, doubling its original target for fiscal year 2025. The company forecasts continued strong performance as demand for networking equipment rises due to the AI boom.

15 Sources

U.S. Treasury Secretary Touts Nvidia-AMD China Deal as Potential Model for Future Trade Agreements

Treasury Secretary Scott Bessent praises the unique 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD for AI chip sales to China, suggesting it could be a blueprint for other industries.

3 Sources

Google Invests $9 Billion in Oklahoma to Boost AI and Cloud Infrastructure

Google announces a significant $9 billion investment in Oklahoma to expand its AI and cloud infrastructure, including a new data center campus and education initiatives.

7 Sources

Lumentum's Q4 Earnings Surge Driven by AI and Cloud Demand, Analysts Raise Price Targets

Lumentum Holdings reports strong Q4 2025 results, beating expectations with revenue of $480.7 million and EPS of $0.88, driven by robust demand for AI and cloud infrastructure components. Analysts respond with positive outlook and raised price targets.

3 Sources

Apple's AI Comeback: Tabletop Robots, Smart Displays, and a New Siri on the Horizon

Apple is reportedly planning a major push into AI with new smart home devices, including a tabletop robot, smart displays, and an upgraded Siri, aiming to revive its reputation for innovation in the AI space.

25 Sources

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