Anthropic says the U.S. Commerce Department has lifted export controls on Claude Fable 5 and Mythos 5, allowing access to resume Wednesday. The restrictions followed national security concerns over a possible AI jailbreak.
Posts tagged as “Artificial Intelligence”
British American Tobacco will cut 5,500 jobs and outsource 3,500 more as part of a transformation plan expected to save £600 million a year by 2028. The company said its U.S. business will not be affected.
South Korea plans more than $1 trillion in investments to expand chipmaking, AI data centres and robotics infrastructure. President Lee Jae Myung says the effort is aimed at securing AI leadership and reviving regions beyond Seoul.
California Gov. Gavin Newsom is proposing a federal minimum tax on billionaires and a national AI equity fund while opposing a billionaire tax on California’s November ballot. He says wealth taxes should be handled nationally and that AI gains should help support workers and public programs.
Apple raised prices on several MacBook, iPad and other devices, blaming surging memory and storage costs linked to AI data center demand. Microsoft’s Xbox division also announced console price increases as chip costs climb.
IBM says its new NanoStack chip design could fit 100 billion transistors on a fingernail-sized chip and deliver up to 50% better performance or 70% greater energy efficiency. The technology is not yet ready for mass production, with IBM projecting a possible path to manufacturing within five years.
Technology shares fell sharply worldwide as investors questioned whether massive AI spending can support lofty valuations. Chipmakers, Alphabet and newly public SpaceX were among the names hit as the sell-off spread to Asian markets.
Technology shares fell sharply around the world Tuesday as investors questioned whether AI spending will produce profits that justify lofty valuations. SpaceX, chipmakers and memory stocks led the declines, while inflation and interest-rate concerns added pressure.