South Korea's KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months

South Korea’s KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months

So far this month, the KOSPI has fallen 29%, surpassing its previous record monthly decline of 27% recorded in October 1997. South Korean equities suffered their steepest one-day decline in nearly five months on Tuesday, with the benchmark KOSPI sliding almost 11% as a global rout in semiconductor stocks battered SK Hynix and Samsung Electronics….

Read More
Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation

Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation

Days after a number of artificial intelligence (AI) companies came together in support for open-weight models, Anthropic has weighed in on why they didn’t join the group of signatories that includes Google, Microsoft, Meta, Nvidia, Perplexity, SpaceX and later OpenAI as well. Anthropic CEO Dario Amodei clarified that “Anthropic has never advocated for a ban…

Read More