FT News Briefing Arm enters the AI race
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Oct 30, 2024 Guests Mihul Srivastava, FT's correspondent on the Israel-Hamas conflict, and Tim Bradshaw, global tech correspondent, dive into pressing topics. Srivastava shares insights on the new Israeli law impacting UN aid for Palestinians, emphasizing the humanitarian crisis. Meanwhile, Bradshaw discusses Arm's bold move into the AI sector, detailing its plans to lessen reliance on Nvidia and develop its own chips. The duo also touches on intriguing innovations like using African rats for wildlife conservation.
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Google's Cloud Computing Success
- Alphabet's Q3 profits jumped 34%, largely due to cloud computing growth.
- Strong demand for data services used in AI models fueled this growth.
Israel Bans UNRWA
- Israel's parliament voted to ban UNRWA from operating in Israeli territory.
- This move may severely limit aid to displaced people in Gaza.
Arm Enters AI Race
- Arm, dominant in mobile chip design, plans to enter the AI market.
- This move challenges Nvidia's dominance and creates competition.