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Google's new quantum computing chip, Willow, can solve complex problems in under five minutes, raising concerns among Bitcoin users about potential vulnerabilities. However, experts assert that significant advancements are still needed, as a quantum computer would require 13 million qubits to compromise Bitcoin within 24 hours. This breakthrough highlights the urgency for advancements in post-quantum cryptography.
Microsoft has introduced a new data center design that eliminates water consumption for cooling by utilizing a closed-loop system, potentially saving over 125 million liters of water annually per facility. While existing data centers will continue using traditional cooling methods, the new system will be piloted in Arizona and Wisconsin starting in 2026, with broader implementation expected by late 2027. This initiative comes amid growing concerns about the environmental impact of AI and data centers, which are significant consumers of power and water.
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 34% increase in sales for November, driven by strong AI demand, despite concerns over a slowdown in data center construction. Monthly sales reached NT$276.1 billion ($8.5 billion), with combined sales for October and November up 31.4%. Analysts anticipate a 36.3% growth in sales for the current quarter, while TSMC's shares have surged approximately 80% this year.
Google's Quantum AI team has introduced Willow, a quantum computing chip that can solve complex problems in under five minutes, a task that would take supercomputers 10 septillion years. While Willow represents a significant advancement with its 105 qubits and improved error correction, experts believe it is still far from threatening crypto encryption, which would require a quantum computer with around 13 million qubits. This breakthrough highlights the urgent need for advancements in post-quantum cryptography to safeguard digital assets.
Nvidia and Uber hold over 20% of Serve Robotics, a rapidly growing company valued at $500 million, which has developed autonomous delivery robots. Despite generating only $221,555 in revenue in Q3, Serve's robots have made over 50,000 deliveries with high reliability, aiming to deploy 2,000 new units by 2025. However, the company faces significant financial challenges, posting an $8 million net loss in the quarter and having only $50.9 million in liquid assets.
OpenAI has launched Sora, an AI video-generation tool that allows users to create high-definition video clips from text prompts or still images. Initially available to U.S. users and most countries, Sora will be included in existing ChatGPT accounts without extra fees. The release follows concerns from artists involved in early testing about the company's support for the arts and the potential for exploitation.
Swift Ventures has launched an AI company index, the first systematic scoring system to identify public companies genuinely investing in AI technology. The index, which tracks around 90 companies, shows a remarkable 37% annual growth over three years, significantly outperforming major market indices. It highlights a stark talent gap, with only 200 public companies having over 1% of their workforce in AI roles, emphasizing the need for real investment in AI talent and infrastructure.
WaveForms AI, a startup founded by ex-OpenAI researcher Alexis Conneau, has secured $40 million in funding from Andreessen Horowitz, valuing the company at $200 million. The firm aims to enhance AI audio software to improve emotional recognition and facilitate more natural conversations with machines. Conneau, who previously developed OpenAI's advanced voice mode, launched WaveForms in September, shortly after OpenAI introduced its voice assistant to paid ChatGPT users.
Reddit is testing a new AI-powered feature called Reddit Answers, designed to help users quickly find information from posts on the platform. Available to a small segment of U.S. users, the feature allows questions to be asked similarly to other AI services, providing answers sourced directly from Reddit content. This initiative aims to enhance user engagement and reduce reliance on Google for traffic, with plans for broader rollout and support for additional languages in the future.
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