Breaking Down Intel CEO's Response to Chip Debacle
Intel CEO Brian Krzanich opened his CES keynote speech addressing the chip flaw the company disclosed to the public last week. Alex Hamerstone, Practice Lead for Governance Risk Management and Compliance at TrustedSec, joins Cheddar to discuss whether he believes Intel can win back its consumer confidence.
Krzanich says he expects to issue updates to all of its processors released in the last five years before the end of January. Hamerstone says this will go a long way in solving the problem with the chips, but there are many other issues Intel needs to deal with.
This is a vulnerability that is different from we're used to seeing on the news. It allows access without a lot of restriction to machines that house the software. Intel said that the update it issued won't impact the average user, only those who are highly workload-dependent. Hamerstone, though, notes that average users do operate with a lot of workloads and that a lot more people will be impacted by the update than Intel's initial statement suggests.
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Ali Kashani, CEO of Serve Robotics, dives into their $63.3M acquisition of Vayu Robotics and how it's accelerating the future of autonomous delivery systems.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
A group of book authors has reached a settlement with AI company Anthropic after suing for copyright infringement. A federal appeals court filing Tuesday said both sides have negotiated a proposed class settlement, with terms to be finalized next week. Anthropic declined to comment. A lawyer for the authors called it a "historic settlement." In June, a federal judge ruled that Anthropic didn't break the law by training its chatbot on copyrighted books. However, the company was still facing trial over acquiring those books from online "shadow libraries" of pirated copies.
