Friday, January 31, 2020

SK Hynix to make deep capex cut as virus spread threatens chip output

South Korea's SK Hynix, the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said it would sharply reduce annual investment after posting a steep fall in quarterly profit.


from Reuters: Technology News https://ift.tt/2S5aOOw

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...