Taiwan Semiconductor Manufacturing Co.'s C.C. Wei, the newly appointed chairman and CEO, has reiterated expectations for AI development to lead a recovery in the industry in 2024. Wei's projections include a 10% growth in the chip market this year, excluding the memory sector, signaling optimism for the company's future.
Despite a slightly scaled-back outlook compared to previous forecasts in April, TSMC remains confident in the potential of AI and chipmaking to drive growth. The company's strategic focus on technological advancements positions it at the forefront of the global AI and chipmaking boom, highlighting its pivotal role in shaping the industry's trajectory.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.