The competition for global computer chip dominance depends largely on who can create the smallest components with the most advanced capabilities. So far, Taiwan-based TSMC leads, and the nation accounts for more than 90 percent of global production of advanced chips. By comparison, the U.S. claims about a 12 percent share, prompting the government to cite reliance on foreign-made processors as a cause of inflation and a national security threat. California-based Intel is heeding the challenge, spending billions on initiatives for AI computing, a high-end microprocessor plant expansion in Arizona and new plant in Ohio. Continue reading Intel Vies for Lead in an Increasingly Complex Chip Business

Up until now, massive conglomerates have dominated robotics, but that’s about to change, as the cost of hardware production plunges (due to globalization) and computing and cloud solutions become cheaper, more powerful and easy to ramp up. That’s given rise to Robotics-as-a-Service (RaaS) solutions, in which vertical-specific hardware and software are bundled and sold in monthly subscription packages. At the same time, California enacted a new law that would require a bot to reveal its “artificial identity.” Continue reading Robotics-as-a-Service Rises, California Puts Limits on Bots

Increasingly pervasive threats to cybersecurity have jumpstarted the cyberinsurance business to reach beyond technology companies, its core customers. Covering financial loss, including theft of data and ransomware, cyberinsurance is reportedly the fastest-growing coverage among U.S. companies; cyberinsurance firms provide competing tools to distinguish their offerings in the marketplace. Insurance is not in lieu of good security practices, but the idea of cyberinsurance is appealing even though it is largely untested. Continue reading As Threats to Cybersecurity Grow, So Does Cyberinsurance