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IBM releases new chips and servers to simplify AI in business

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Its first update to the “Power” line of chips, IBM introduced its new Power11 chips on Tuesday. These chips are used in specialized sectors such as financial services, manufacturing and healthcare.IBM/Reuters

International Business Machines IBM-N on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.

IBM introduced its new Power11 chips on Tuesday, marking its first major update to its “Power” line of chips since 2020.

These chips have traditionally vied against offerings from Intel and Advanced Micro Devices in data centers, particularly in specialized sectors such as financial services, manufacturing and healthcare.

Like Nvidia’s NVDA-Q AI servers, IBM’s Power systems are an integrated package of chips and software.

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Tom McPherson, general manager of Power systems at IBM, said the Armonk, New York-based company used that tight coupling to focus on reliability and security.

The Power11 systems, available from July 25, 2025, will not need any planned downtime for software updates, and their unplanned downtime each year averages just over 30 seconds.

They are also designed to detect and respond within a minute to a ransomware attack – where hackers encrypt data and then try to extract a ransom in exchange for the keys, IBM said.

In the fourth quarter of this year, IBM plans to integrate Power11 with Spyre, its AI chip introduced last year.

Mr. McPherson said IBM does not aim to compete with Nvidia in helping create and train AI systems, but is instead focused on simplifying AI deployment for inference, the process of putting an AI system to work in speeding up a business task.

“We can integrate AI capabilities seamlessly into this for inference acceleration and help their business process improvements,” Mr. McPherson said in an interview last week referring to work with early customers.

“It’s not going to have all the horsepower for training or anything, but it’s going to have really good inferencing capabilities that are simple to integrate.”



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Samsung Group Chairman Lee Jae-yong seeks opportunities for artificial intelligence (AI) business co..

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Samsung Group Chairman Lee Jae-yong seeks opportunities for artificial intelligence (AI) business cooperation with big tech giants in the U.S. and shares wisdom to respond to the Trump 2.0 period.

According to a business official on the 9th, Chairman Lee arrived at Sun Valley Lodge, Idaho, where the “Sun Valley Conference” will be held late on the afternoon of the 8th (local time) and began his personal schedule, including a one-on-one meeting. The Sun Valley Conference, which begins every year on Tuesday immediately after U.S. Independence Day on July 4, is called the “summer camp of billionaires.” It is a private gathering in New York where corporate CEOs, financiers, politicians, and journalists gather to enjoy outdoor activities and talk about the topic at hand, invited by Allen & Company, which is in charge of private investment for the wealthy. Chairman Lee attended the event every year after he was first invited to the event in 2002, but since 2017, he has been caught up in the state affairs manipulation scandal and stopped attending. As a result, attention is being paid to whether Chairman Lee will speed up global on-site management using human networks in the wake of his attendance at the Sun Valley Conference.

This year, a large number of U.S. tech giants will attend, including Meta CEO Mark Zuckerberg, Apple CEO Tim Cook, Alphabet and Google CEO Sundar Pichai, OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella, and Amazon founder Jeff Bezos. Chairman Lee is expected to exchange strategies and management ideas to respond to the AI era through one-on-one meetings with them. Since Apple, Amazon, and Google are all designing and developing AI semiconductors on their own, detailed discussions can also be made on cooperation with Samsung Electronics’ foundry division that can produce them.

The tariff policy that U.S. President Donald Trump will carry out for the rest of his term and the strategy to respond to it are also expected to be one of Chairman Lee’s interests in visiting Sun Valley. In particular, Samsung Electronics could be a direct target in the case of semiconductor item tariffs that President Trump has vowed to announce soon. It is also expected to share opinions on government subsidies for semiconductor plants and R&D complexes that Samsung Electronics is building in Taylor City, Texas. Samsung Electronics is directly affected by U.S. tariffs and sanctions on advanced semiconductors with China.

In addition, foreign media analyzed that the situation in the energy and defense sectors will also be a key discourse among billionaires gathered at this year’s Sun Valley Conference. In particular, defense-related investments and strategies in line with changes in geopolitical tensions will be an important point of discussion. Samsung Group, led by Chairman Lee, is also expected to get an idea as it has an inseparable relationship with energy price trends and changes in geopolitical dynamics.

It is also expected that Chairman Lee will actively seek to find new growth engines in the wake of his attendance at the conference. Samsung Group recently added AI and healthcare companies to its M&A portfolio. Analysts say that Chairman Lee can speed up decision-making on new businesses or M&A by interacting with various political and business figures at the Sun Valley Conference and listening to various views on new growth engines.

In particular, the industry analyzes that Chairman Lee’s attendance at the Sun Valley Conference means a lot just by human networking with big tech giants. For example, conversations with Altman CEO and Nadella CEO can provide direct information about the direction of development of high bandwidth memory (HBM) or large language model (LLM) semiconductors. In addition, through cooperation with global companies, new supply chains can be established together, joint R&D, and investment partnerships can be coordinated. An industry official said, “A large-scale merger or partnership is difficult to decide unless it is group presidential networking,” adding, “This is where the difference between companies with and without heads who are responsible for the future of the company is seen.”

[Kim Dongeun is a reporter]



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Meta invests US$3.5 billion in world’s largest eyewear maker in AI glasses push

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[SAN FRANCISCO] Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s financial commitment to the fast-growing smart glasses industry, according to sources familiar with the matter.

Facebook parent Meta acquired just under 3 per cent of Ray-Ban maker EssilorLuxottica, a stake worth around three billion euros (S$4.5 billion) at the current market price, said the sources, who asked not to be identified because deliberations are private. Menlo Park, California-based Meta is considering further investment that could build the stake to around 5 per cent over time, the sources added, though those plans could still change.

EssilorLuxottica’s American depositary receipts rose as much as 6.9 per cent to US$148, their biggest intraday jump since Apr 9. Representatives for Meta and EssilorLuxottica declined to comment.

Meta’s investment in the eyewear giant deepens the relationship between the two companies, which have partnered over the past several years to develop artificial intelligence (AI)-powered smart glasses. Meta currently sells a pair of Ray-Ban glasses, first debuted in 2021, with built-in cameras and an AI assistant.

Last month, it launched separate Oakley-branded glasses with EssilorLuxottica. EssilorLuxottica chief executive officer Francesco Milleri said last year that Meta was interested in taking a stake in the company, but that plan had not materialised until now.

The deal aligns with Meta CEO Mark Zuckerberg’s commitment to AI, which has become a top priority and major expense for the company. Smart glasses are a key part of that plan.

While Meta has historically had to deliver its apps and services via smartphones created by competitors, glasses offer Meta a chance to build its own hardware and control its own distribution, Zuckerberg has said. The arrangement gives Meta the advantage of having more detailed manufacturing knowledge and global distribution networks, fundamental to turning its smart glasses into mass-market products.

For EssilorLuxottica, the deal provides a deeper presence in the tech world, which would be helpful if Meta’s futuristic bets pay off. Meta is also betting on the idea that people will one day work and play while wearing headsets or glasses.

Shares of Warby Parker, a competing glasses-maker, rose as much as 4.3 per cent on Bloomberg’s report. BLOOMBERG



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Starkville company presented the AI award for groundbreaking work

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STARKVILLE, Miss. (WCBI) – A Starkville tech company is recognized for its groundbreaking work in artificial intelligence.

Camgian was named “AI Company of the Year” by The Mississippi Small Business Development Center Network.

The award was presented today at the company’s Starkville headquarters.

Camgian is known for developing advanced AI and machine learning technology to support national security and military operations.

The company is also praised for keeping top engineering talent here in Mississippi.

“I think it’s a great tribute to the incredible work our team does every day, developing cutting-edge AI for our warfighters. We’re proud to grow in Mississippi and to have such strong local support,” said Camgian CEO Gary Butler.

The award is part of the SBDC’s Rise Program, which helps high-growth tech companies expand across the state.

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