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Intel's stock drops 30% overnight —company sheds $39 billion in market cap | As of now, Intel's market value is a fraction of Nvidia's worth and less than half of AMD's (www.tomshardware.com)

Intel’s stock dropped around 30% overnight, shaving some $39 billion from the company’s market capitalization since rumors of a pending layoff first emerged. The devastating results come after the chip giant reported a loss for the second quarter, complained about yield issues with the Meteor Lake CPU, provided a modest...

Anthropic was supposed to be the good guy. It can’t be — unless government changes the incentives in the industry. (www.vox.com)

[L]ately, Anthropic has been in the headlines for less noble reasons: It’s pushing back on a landmark California bill to regulate AI. It’s taking money from Google and Amazon in a way that’s drawing antitrust scrutiny. And it’s being accused of aggressively scraping data from websites without permission, harming their...

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