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Showing posts from March, 2024

UCL spinout bags £10M to make AI ‘super brains’ for 100x faster LLM training

Oriole Networks, a UCL spinout, has raised £10mn in seed funding to build AI “super brains” that promise to accelerate the training of Large Language Models (LLMs).  Founded in 2023 by UCL scientists, the startup has developed a new method that harnesses the power of  light to connect thousands of AI chips. This results in a network of chips, where the power of each individual GPU is combined to form a “super brain.”  According to James Regan, CEO at Oriole Networks, this “enables the direct connection of a very large number of nodes enabling it to function as a single… This story continues at The Next Web https://ift.tt/Dn0B4xu Read full article: The Next Web
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French MoD taps 5 startups to develop fault-tolerant quantum computer

Quantum computers have an almost mythical status among data scientists and researchers. The dream of emerging out of the NISQ (noisy intermediate-scale quantum) era into a world of fault-tolerant qubits generating unbreakable encryption or solving climate change keeps many startups going despite difficult investment propositions with longer return horizons. But quantum technologies don’t only inspire wonder and excitement — they are also a growing geopolitical concern. More and more countries are setting up ambitious quantum strategies, and the US has placed export controls on equipment that supports quantum technology development to China. As part of its €1bn National Strategy for… This story continues at The Next Web https://ift.tt/sG3vI8w Read full article: The Next Web
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EU’s new attack on big tech risks becoming ‘missed opportunity’

The EU’s strictest-ever crackdown on big tech has only just begun, but critics fear it’s already missing the targets. Called the Digital Markets Act (DMA), the landmark law aims to curb the power of tech giants. Under the rules, the EU can designate companies that dominate a marketplace as “gatekeepers.” This forces them to make their services open to competitors.  Whatsapp, for instance, has to become interoperable with third-party messaging services. Mobile operating systems, meanwhile, must provide access to alternative app stores. As the rules came into force today, the EU had designated six gatekeepers: Alphabet, Amazon, Apple, ByteDance, Meta,… This story continues at The Next Web https://ift.tt/3oOnLTB Read full article: The Next Web
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Dutch government launched secret task force to keep ASML in Netherlands, report says

The Dutch government has reportedly launched a secret task force to keep chip giant ASML in the Netherlands. Dubbed “Operation Beethoven,” the task force was formed to allay ASML’s fears about the local business climate, according to De Telegraaf. Citing anonymous sources, the Dutch newspaper said the company was considering an expansion outside the Netherlands. France was mooted as a potential destination. Such a move would leave a deep impact. ASML is Europe’s most valuable tech company. It’s also the world’s only manufacturer of EUV lithography machines, which are essential to producing the most advanced computer chips. These unique capabilities… This story continues at The Next Web https://ift.tt/pXO10A2 Read full article: The Next Web
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Fresh call to ban ransomware payments divides cybersecurity experts

A former British security chief has reignited the perennial ransomware question: to pay or not to pay? Ciaran Martin, who was the first-ever CEO of the UK’s National Cyber Security Centre (NCSC), answered emphatically in the negative. Yet Martin doesn’t only advise victims to hold onto their cash. He also wants to ban them from handing over the ransom. Writing in today’s London Times, Martin called the intervention an “urgent task.” “Ransomware is by far the most damaging cyber threat to most businesses right now,” he said. “We have to find a way of making a ransom payments ban work.” It’s… This story continues at The Next Web https://ift.tt/VYzNLAw Read full article: The Next Web
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