Japanese chipmaker Rapidus plans to build and package chips in the same $32B fab in Hokkaido, setting the company apart from TSMC, Intel, and Samsung (Anton Shilov/AnandTech)

Anton Shilov / AnandTech:
Japanese chipmaker Rapidus plans to build and package chips in the same $32B fab in Hokkaido, setting the company apart from TSMC, Intel, and Samsung  —  To say that the global foundry market is booming right now would be an understatement.  Demand for leading-edge process technologies driven …

SoftBank’s outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive” (David Keohane/Financial Times)

David Keohane / Financial Times:
SoftBank’s outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive”  —  Japanese group says it will ‘step up’ artificial intelligence outlays without stretching finances

Filings: US pharmaceutical company Cencora notified ~500K individuals since learning about a data breach in February 2024 that exposed health diagnoses and more (Zack Whittaker/TechCrunch)

Zack Whittaker / TechCrunch:
Filings: US pharmaceutical company Cencora notified ~500K individuals since learning about a data breach in February 2024 that exposed health diagnoses and more  —  U.S. pharmaceutical giant Cencora says it is notifying affected individuals that their personal and highly sensitive medical information …

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.