Seeking Alpha’s roundup of statements, announcements, or remarks that could impact markets, sectors, or individual stocks.
- Intel (NASDAQ:INTC) unveiled its new Panther Lake chip, the first built on its 18A process technology, which it called “the most advanced semiconductor process ever developed and manufactured in the United States.”
The company also previewed its Clearwater Forest 18A-based server chip, which it expects to launch in the first half of 2026.
Both chips, along with other 18A-based products, will be produced at Fab52, Intel’s new manufacturing plant in Chandler, Arizona. The plant is expected to reach high-volume production later this year.
“Our next-gen compute platforms, combined with our leading-edge process technology, manufacturing and advanced packaging capabilities, are catalysts for innovation across our business as we build a new Intel,” said Intel CEO Lip-Bu Tan, in a statement.
“The United States has always been home to Intel’s most advanced R&D, product design and manufacturing – and we are proud to build on this legacy as we expand our domestic operations and bring new innovations to the market,” he added.
- OpenAI (OPENAI) said its new AI video app, Sora, hit one million downloads within five days of its launch in late September.
“Sora hit 1M app downloads in <5 days, even faster than chatgpt did (despite the invite flow and only targeting north america!)! team working hard to keep up with surging growth. more features and fixes to overmoderation on the way!,” said Bill Peebles, who heads up OpenAI’s Sora team, in a post on X late Wednesday.
- Former Google (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Eric Schmidt is warning that AI models can be hacked by bad actors and manipulated to harm people.
“There’s evidence that you can take models, closed or open, and you can hack them to remove their guardrails. So in the course of their training, they learn a lot of things. A bad example would be they learn how to kill someone,” Schmidt said at an event on Wednesday, according to CNBC.
Schmidt added, however, that he is still optimistic about the technology and its potential impact on society.
“Now the GPT series, which culminated in a ChatGPT moment for all of us, where they had 100 million users in two months, which is extraordinary, gives you a sense of the power of this technology. So I think it’s underhyped, not overhyped, and I look forward to being proven correct in five or 10 years,” Schmidt said.