AGP Executive Report
Last update: 11 hours agoGlobal Outage: Microsoft is still working to restore Outlook, Teams and other Microsoft 365 services after a worldwide disruption affected businesses and government agencies; an attempted fix brought only partial recovery. AI Leadership: Nvidia co-founder Jensen Huang has resigned, with CFO Colette Kress named interim CEO as the board searches for a successor. The shake-up is testing confidence in the AI boom, though some Malaysian tech stocks held firm. AI’s Price Tag: Anthropic’s expected IPO valuation has reportedly fallen to about $1.2 trillion as investors weigh rapid growth against heavy computing costs and losses. Next-Generation Chips: South Korea’s DeepX plans to spend more than $100 million developing an AI chip made with Samsung’s 2-nanometer process, targeting robots and other devices that can run AI without relying on data centers. Quantum Computing: Abu Dhabi’s EDGE is investing $50 million in Q-CTRL, whose quantum navigation systems are designed to work when satellite signals are unavailable. AI at Work: A game-industry survey found developers most often use generative AI for research and brainstorming, ahead of coding.
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