Why Open Source AI Could Be the Best Bet for Developers and Investors

Glenn Hubbard has raised concerns regarding the Federal Reserve's potential interest rate cuts, highlighting risks from tariffs, uncertain economic data, and a mature credit cycle as the Fed looks ahead to 2026. Additionally, discussions around the competition between open-source AI ecosystems and closed models are gaining traction, with insights from industry leaders like Lisa Su and Sam Palmisano.

AMD has launched the Radeon AI PRO R9700S, a passively cooled video card featuring 32GB of DDR6 memory and a high FP32 compute performance, designed for AI workstation setups. This new card boasts a substantial 300W thermal design power (TDP), marking a significant advancement in silent computing technology.

AMD CEO Lisa Su recently discussed the company's strategic direction during WIRED's Big Interview event, emphasizing her confidence in AMD's ability to compete in the rapidly growing AI chip market. Su highlighted the launch of a new chip designed to capture a significant share of this sector, which is projected to reach $1 trillion annually.

Ukrainians have initiated lawsuits against major US chip manufacturers Intel, AMD, and Texas Instruments, alleging that these companies have contributed to the supply of chips used in Russian drones and missiles targeting Ukraine. This legal action highlights the ongoing conflict and the role of technology in warfare.

Intel is set to acquire AI chip specialist SambaNova, a move aimed at bolstering its position in the competitive semiconductor market, particularly against rivals AMD and Nvidia. However, the acquisition is overshadowed by valuation concerns that have emerged during negotiations.

Intel and AMD are facing lawsuits from Ukrainians who accuse the companies of 'willful ignorance' in allowing their technology to be used in Russian bombs targeting Ukraine. This legal action highlights the ongoing concerns regarding the role of US tech firms in international conflicts.

An unusual 88-core AMD CPU has appeared on eBay, suggesting a potential shift in the market dynamics as AMD may be gearing up for rapid hyperscale refresh cycles. This development hints at a possible recovery of usable DDR4 memory, which has been in short supply.