Intel’s Big Bet: Can They Make a Comeback?

What we’ll cover today:

💰 Intel’s Big Bet: Can They Make a Comeback?

🎙️ James Earl Jones' Controversial AI Decision.

🏦 Hong Kong Mulls AI Rules for Finance.

🔗 The Event Roundup

Intel’s Big Bet: Can They Make a Comeback?

Intel just bagged a huge deal with Amazon Web Services to build a custom AI chip.

This could be the game-changer they need to take on Nvidia.

But here’s the twist:

• Intel is pausing major projects in Europe (Germany and Poland).
  

• 15,000 jobs are being cut to save $10 billion.
  

• They’ve secured $3 billion in U.S. government funding for military chip production.

Tough times? Maybe.

The real question: Can Intel pull off this comeback and reclaim its spot at the top?

Here’s the whole article

1. James Earl Jones' Controversial AI Decision.

David Prowse, the actor renowned for his iconic role as Darth Vader in the original Star Wars trilogy, passed away on September 9th at the age of 93. Recently, his voice has been recreated using Artificial Intelligence for use in future films, sparking controversy within the acting community.

Here’s the whole article

2. Hong Kong Mulls AI Rules for Finance.

Hong Kong’s gearing up to drop its first-ever policy on AI in finance, insiders say. 

This could kickstart AI use across trading, investment banking, and even cryptocurrencies!

Officials are still drafting the document while getting feedback from the industry.

Here’s the whole article

1. 11x.ai raises $24M led by Benchmark to build AI digital employees.

A startup that builds AI bots for process automation, 11x.ai just raised a fresh $24 million Series A led by Benchmark. 

It is also one of a growing crowd of AI startups relocating its headquarters to San Francisco.

2. Critiqs AI Expands Offerings with New AI Tutorial Feature.

Critiqs AI, a leading AI online directory, has announced the launch of their new hub for the best AI tutorials. 

This hub will serve as a one-stop destination for individuals looking to learn and enhance their skills in the field of AI.

3. Commission launches call for AI ‘factories’ to aid research and industry.

The European Commission (EC) has launched a call for AI ‘factories’ to be set up across Europe to boost the development of safe and trustworthy AI technology.