CTA Senior Manager of Government Affairs John Mitchell led a discussion at CES on the use of blockchain as the basis of a new economic ecosystem. Coinbase Head of U.S. Policy Kara Calvert, FinClusive CEO Amit Sharma, and Paradigm Policy Director Justin Slaughter expressed enthusiasm about the potential for financial inclusion and digital identity as well as frustration over U.S. legislators’ approach to regulation. “Here, blockchain is positioned as a problem to address, not an opportunity to be seized,” suggested Slaughter. Meanwhile, they note, Switzerland, China and other countries are taking the lead. Continue reading CES: Leaders Urge Regulation to Unleash Blockchain’s Power

The FCC’s Brendan Carr, the senior Republican Commissioner, in conversation with Consumer Technology Association Senior Director of Regulatory Affairs Rachel Nemeth, addressed the fact that the FCC’s spectrum auction authority has expired. FCC Chairwoman Jessica Rosenworcel and her fellow Commissioners have called for its renewal. Nemeth asked Carr to comment on how the end of spectrum auctions would impact technologies such as voice recognition and IoT devices that are “on the cusp” of coming together to be “more seamless and practical for the consumer.” His answer was that spectrum is vital for connectivity and “our geopolitical leadership.” Continue reading CES: FCC Commissioner Brendan Carr Addresses Spectrum

Xreal, the Chinese XR company formerly known as Nreal, debuted its Air 2 Ultra AR glasses at CES 2024 this week in Las Vegas, with the $699 item scheduled to ship to U.S. buyers in March, crowding the February 2 release date Apple just announced for its $3,500 Vision Pro mixed reality headset. Though currently aimed at developers, who can preorder now, the Air 2 Ultra will be available for purchase online from Xreal to anyone in France, Germany, Italy, Japan, Korea, the Czech Republic, the Netherlands and the UK, in addition to China and the United States. Continue reading CES: Xreal Offers Spatial Computing with Air 2 Ultra for $699

Xgimi wants to bring the IMAX experience to your living room. The China-based company has unveiled what it says is the first long-throw home projector to earn certification as IMAX Enhanced, a designation previously limited to premium units. Xgimi’s Horizon Max projector is intended for mass market viewing enthusiasts. The IMAX Enhanced specifications include Dolby Vision and DTS:X sound. The Horizon Max promises 3,100 ISO lumens brightness and a contrast ratio of 2,000:1. Pricing was not disclosed at the CES 2024 product announcement, but the projector is expected to ship in the second half of this year. Continue reading CES: Xgimi Announces First IMAX Enhanced Home Projector

Teenagers in the U.S. are finding it hard to tear themselves away from YouTube and TikTok, according to a new study of 13- to 17-year-olds by the Pew Research Center. Pew found that “nearly 1 in 5 saying they use the video-streaming apps ‘almost constantly.’” YouTube topped the chart for the second consecutive year, with 93 percent, “roughly 9 in 10 teens” saying they regularly use YouTube. That far outstrips TikTok, Snapchat and Instagram, which manage to creep to about 70 percent among a subset of teens 15 to 17. Among the total teen sample, that falls to 63 percent for TikTok, 60 percent for Snapchat and 59 percent for Instagram, according to Pew. Continue reading Pew: U.S. Teens Fixated on Video Apps YouTube and TikTok

Nvidia logged another record quarter, with Q3 revenue of $18.12 billion, up 206 percent from a year ago and a 34 percent increase from Q2 that exceeded both its own and analyst projections. The surge, attributed to increasing demand for the chips that drive artificial intelligence, logged primarily under Nvidia’s data center results a record $14.51 billion, up 279 percent from the prior year and 41 percent from Q2. Profits swelled to $9.2 billion, a stunning 1,259 percent increase from 2022’s $680 million. The results for Nvidia’s Q3 were for the three-month period ending October 31. Continue reading Nvidia Sales Surge as Rivals Circle and China Sanctions Loom

Aurora, built by Intel and Hewlett Packard Enterprise, is the latest supercomputer to come online at the Department of Energy’s Argonne National Laboratory outside of Chicago and is among a new breed of exascale supercomputers that draws on artificial intelligence. When fully operational in 2024, Aurora is expected to be the first such computer that will be able to achieve two quintillion operations per second. Brain analytics and the design of batteries that last longer and charge faster are among the vast potential uses of exascale machines. Continue reading Aurora Supercomputer Targets 2 Quintillion Ops per Second

Apple posted fiscal Q4 earnings of $89.5 billion, down one percent year-over-year. CEO Tim Cook put the quarter’s best facts forward: “a September quarter revenue record for iPhone and an all-time revenue record in Services,” and quarterly earnings per diluted share of $1.46, up 13 percent. While net income of just below $23 billion exceeded Wall Street expectations, Q4 capped a fiscal year in which Apple revenue fell 2.8 percent, impacted by a decline in iPhone sales in China. Following the report, shares fell 3 percent in extended trading based on the prospect that the company may not rebound to growth in the important holiday sales season. Continue reading Despite China Market, iPhone Sales Still Reach $43.8 Billion

U.S. Vice President Kamala Harris warned global leaders that the existential threats posed by artificial intelligence are very real and urgently need to be addressed. Harris’ remarks, delivered in a speech at the U.S. Embassy in Britain, summarized the prevailing view of world governments participating in the first global AI Safety Summit. The two-day event kicked off Wednesday with news that 27 nations — including the U.S., European Union member states and China — signed the Bletchley Declaration on AI, committing to voluntary guidelines to work as a group toward responsible and ethical AI. Continue reading Nations Sign the Bletchley Declaration in Support of Ethical AI

The UK government plans to invest at least £225 million (about $273 million) in AI supercomputing with the aim of bringing Great Britain into closer parity with AI leaders the U.S. and China. Among the new machines coming online is Dawn, which was built by the University of Cambridge Research Computing Services, Intel and Dell and is being hosted by the Cambridge Open Zettascale Lab. “Dawn Phase 1 represents a huge step forward in AI and simulation capability for the UK, deployed and ready to use now,” said Dr. Paul Calleja, director of Research Computing at Cambridge. Continue reading United Kingdom Investing $273 Million in AI Supercomputing

President Biden has signed a far-ranging executive order establishing guardrails for artificial intelligence. Companies are now required to report to the federal government on risks related to their AI systems should they fall into the hands of terrorists or be used for weapons of mass destruction. The order also attempts to mitigate the dangers of deepfakes that could be used to manipulate elections or defraud consumers. “Deepfakes use AI-generated audio and video to smear reputations, spread fake news and commit fraud,” Biden said as he signed the order at the White House. Continue reading President Biden Signs Executive Order to Contain Risks of AI

The United Nations has formed an advisory board on artificial intelligence comprised of 39-members from government, academia and industry who will “undertake analysis and advance recommendations for the international governance of AI.” The move comes as U.S. legislators and tech industry players are also prioritizing model governance. “Globally coordinated AI governance is the only way to harness AI for humanity while addressing its risks and uncertainties,” the UN announced in unveiling the initiative, co-chaired by Carme Artigas, Spain’s secretary of state for digitalization and AI, and James Manyika, SVP of research, technology and society at Google. Continue reading Google, Microsoft, Sony Tapped for UN AI Governance Board

The U.S. Department of Commerce is further curtailing the ability of American companies to sell China advanced chips for artificial intelligence. The national security objective is to avoid providing Beijing with sophisticated silicon that could potentially fuel breakthroughs, giving the nation an advantage in what’s been couched as an “AI arms race.” China is a large market for semiconductors, and the move is said to be fueling tension on both sides of the globe. The new restrictions attempt to plug loopholes in rules the Biden administration introduced in October 2022. Continue reading U.S. Tightens Export Regulations for AI Chip Sales to China

Canon has made a breakthrough it says can help manufacture the world’s most advanced semiconductors. The company’s latest nanoimprint lithography (NIL) system challenges Dutch firm ASML, to date the leader in extreme ultraviolet (EUV) lithography technology. ASML creates tech used in TSMC’s chips made for Apple iPhones. Canon says its FPA-1200NZ2C nanoimprint semiconductor manufacturing equipment can produce chips equivalent to a 5-nanometer process, the current state of the art, and with further improvement expects to enable circuit patterning corresponds to 2nm nodes. The new equipment is also energy efficient, Canon says. Continue reading Canon Litho Breakthrough May Advance Global Chipmaking

Walmart has doubled the size of its Marketplace platform in the past 18 months, with about 100,000 active sellers. Now, the company — which receives seller applications at the rate of about 20,000 per month, about 10 percent of which get approved — feels it is within striking distance of Amazon. Some say Walmart has been emulating the moves of the Seattle-based e-retail giant, including now adding sponsored video ad units in time for the holiday shopping season. The Walmart+ online brand has been emphasizing convenience, membership, free delivery and even a Paramount+ Essential plan, similar to Amazon’s approach of offering Prime Video. Continue reading Walmart Extends E-Commerce Push, Adds Sponsored Videos