The Commerce Department confirmed a $6.1 billion grant for Micron Technology to build two chip factories in New York and Idaho, as part of the Biden administration's efforts to distribute funds under the Chips and Science Act. An additional $275 million preliminary grant was announced for expanding a facility in Virginia.
Nvidia CEO Jensen Huang predicts that artificial general intelligence (AGI) could pass human tests within five years, depending on the definition of AGI. He believes that AI will be able to excel in every test within that timeframe, but acknowledges that disagreements among scientists about how to describe human minds could delay progress. Huang also discussed the need for more chip factories to support the expansion of the AI industry, emphasizing that while more fabs will be necessary, advancements in algorithms and processing will also improve computing efficiency.
OpenAI CEO Sam Altman is seeking to raise billions of dollars from global investors to establish a network of chip fabrication plants for manufacturing semiconductors, with plans to set up a venture to produce AI chips.
Taiwan is investigating four Taiwanese companies to determine if they violated US sanctions or Taiwan's investment rules by providing services to Chinese companies reportedly assisting Huawei in building chip factories. The investigation will focus on whether their business activities in China align with the approvals granted by the Ministry of Economic Affairs. If found guilty, each company could face a maximum fine of 25 million New Taiwan dollars ($777,000). The ministry will also examine whether the companies violated any US sanctions. The companies deny any wrongdoing and claim to have been involved in approved wastewater management, interior decoration, or construction work. Huawei, a symbol of the US-China tech rivalry, has faced restrictions on access to advanced chips and chipmaking technology due to spying concerns.