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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

The Guardian — Tech · · International · AI Governance

SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentres South Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s biggest ever stock sales. The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street’s tech-heavy Nasdaq index later in the day. Continue reading...

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Robota review – machines on the march in next-gen version of sci-fi classic

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Hawaii students to help draft national AI policy at Boston fellowship

A group of students from Hawaii has been selected to participate in a fellowship in Boston focused on shaping national AI policy. The program gives young people a direct role in drafting policy recommendations at a moment when federal AI governance is still being formed.

Who should care: AI governance · Lawyers · Administrators · General readers · Policy

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‘A lot of red flags’: plans for New Zealand’s first datacentre spark concern as locals demand greater transparency

Plans to build a NZ$3.5bn datacentre in Makarewa in the country’s south has drawn concern about electricity and water use, and potential noise pollution People living near the site of New Zealand’s first planned AI datacentre are calling for more transparency about the project, especially about how the centre’s huge electricity and water use and potential noise pollution could affect them. Singapore-based company Datagrid has secured approval to build a NZ$3.5bn (US$2bn) AI datacentre on a 49-hectare site in Makarewa, just north of New Zealand’s southern-most city, Invercargill. Construction…

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Instagram’s AI image generator alarms privacy experts

Instagram users should check privacy settings after rollout of new Meta AI image generator, advocates warn Meta has sparked blowback from privacy advocates for allowing its new AI image maker to generate photos of users with public profiles by default. Users of Meta’s Muse Image AI tool, released Tuesday, can tag public Instagram profiles and generate pictures that pull from faces of people featured in these social media posts. Instagram users are not notified when their posts are integrated into what the company describes as its “most advanced image generation model yet”. Continue reading...

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