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A leaked copy of the UK's final AI Safety Summit communiqué does not mention a new scientific body to study AI risks, preferring existing collaborations instead (Joseph Bambridge/Politico) 26-10-2023

Joseph Bambridge / Politico: A leaked copy of the UK’s final AI Safety Summit communiqué does not mention a new scientific body to study AI risks, preferring existing collaborations instead  —  Countries attending the summit will agree to look further into the risks of powerful AI, but could do so using existing institutions. Lees verder op Tech Meme

Kioxia investor SK Hynix says the company didn't agree to the Kioxia-Western Digital merger due to “the overall impact on the value of the company's investment” (Yoolim Lee/Bloomberg) 26-10-2023

Yoolim Lee / Bloomberg: Kioxia investor SK Hynix says the company didn’t agree to the Kioxia-Western Digital merger due to “the overall impact on the value of the company’s investment”  —  – Its opposition introduces more uncertainty to a landmark deal  — Western Digital and Kioxia have talked for years about a combo Lees verder op Tech Meme

SK Hynix reports Q3 revenue down 17% YoY to ~$6.69B, beating average estimates of ~$6B, and a ~$1.32B operating loss, above estimates of ~$1.25B (Bloomberg) 26-10-2023

Bloomberg: SK Hynix reports Q3 revenue down 17% YoY to ~$6.69B, beating average estimates of ~$6B, and a ~$1.32B operating loss, above estimates of ~$1.25B  —  Revenue dropped 17% to 9.07 trillion won, compared with expectations for 8.14 trillion won, according to analyst estimates compiled by Bloomberg. Lees verder op Tech Meme