GZERO AI
Hard Numbers: Doctor vs. machine, Pony rides to an IPO, Hot chips, Foxconn’s crazy demand
a robot that is standing on one foot
Photo by julien Tromeur on Unsplash
4.5 billion: A Chinese self-driving car company, called Pony AI, is attempting to go public on the Nasdaq stock exchange. The company, which is backed by the Japanese automaker Toyota among others, is seeking a $4.5 billion valuation for its initial public offering. The company previously tried to go public in the US through a blank-check company, but plans fell apart when China cracked down on such deals.
72: Nvidia's new Blackwell AI chips are reportedly overheating when installed in server racks designed to hold 72 chips. The company has already faced delays due to design flaws with these chips and is now asking suppliers to modify the designs of the racks numerous times. This issue could further delay sales to the largest tech companies in the world, such as Google and Meta.
Algerians are headed to the polls today to elect their next members of parliament. However, hopes for true democracy look more remote than ever.
In addition to the health concerns from the Ebola outbreak, the UN is sounding the alarm on a potential development crisis in Africa sparked by the disease.
The protests in the small Balkan country were touched off by the start of construction on a seaside luxury resort linked to US President Donald Trump’s son-in-law, Jared Kushner.