Congress has quietly diverted $3.5B from the US CHIPS Act to Secure Enclave, a classified project proposed by Intel to build chips for defense needs (Christine Mui/Politico)

Christine Mui / Politico:
Congress has quietly diverted $3.5B from the US CHIPS Act to Secure Enclave, a classified project proposed by Intel to build chips for defense needs  —  The Commerce Department was expecting to hand out new federal money to high-tech research.  Congress sent it to a secretive natsec program instead.

How SLMs like Microsoft’s Phi-3, which can run locally on phones or PCs without big compromises, open up new AI use cases by being more responsive and private (Will Knight/Wired)

Will Knight / Wired:
How SLMs like Microsoft’s Phi-3, which can run locally on phones or PCs without big compromises, open up new AI use cases by being more responsive and private  —  Research at Microsoft shows it’s possible to make AI models small enough to run on phones or laptops without major compromises to their smarts.

An analysis of ChatGPT’s answers to 517 programming questions on Stack Overflow: 52% of answers contain misinformation, 77% are more verbose than human answers (Sharon Adarlo/Futurism)

Sharon Adarlo / Futurism:
An analysis of ChatGPT’s answers to 517 programming questions on Stack Overflow: 52% of answers contain misinformation, 77% are more verbose than human answers  —  Not So Smart  —  In recent years, computer programmers have flocked to chatbots like OpenAI’s ChatGPT to help them code …

Dell’s stock rose 4.3% to close at $160.18 after reaching a record high on May 24 amid a rally in companies working on generative AI; DELL is up 114.17% in 2024 (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters:
Dell’s stock rose 4.3% to close at $160.18 after reaching a record high on May 24 amid a rally in companies working on generative AI; DELL is up 114.17% in 2024  —  Shares of Dell Technologies (DELL.N) hit a record high on Friday amid a rally in companies working on generative artificial …