Tag: building
Earnings Results: PacWest stock surges 14% as bank says deposits have been building in recent weeks
Asus has been building the ROG Ally for 5 years and here are the hideous prototypes to prove it
ARM is reportedly building a chip to show off what its designs can do
ARM is reportedly building its own chip. According to the Financial Times, the company has tasked its newly formed “solutions engineering” team, led by former Qualcomm executive and Snapdragon designer Kevork Kechichian, with producing a semiconductor to showcase the capabilities of its products. ARM’s apparent goal with the project is to attract new customers ahead of its highly anticipated initial public offering later this year.
The Times reports the company began work on the prototype about six months ago. Multiple industry executives told the outlet the resulting design is “more advanced” than any semiconductor produced in the past. The fact numerous sources outside of ARM spoke to The Times about the in-house chip would suggest the prototype is something of an open secret within the chip industry.
ARM declined to comment. According to The Times, the firm does not plan to sell or license the design of the prototype to other companies. That’s easy to believe. It would be out of character for ARM to do otherwise. The company’s business model is built around licensing its architecture to other firms. More than 500 companies, including Apple, MediaTek and Qualcomm, employ ARM-designed components in their semiconductors.
There are parts of the market where ARM could make inroads. With PCs, for instance, ARM components are rare outside of recent Mac computers. As The Times notes, the company last week warned investors of a “significant concentration” risk to its business. In 2022, ARM’s 20 most important customers accounted for 86 percent of its revenues. “The loss of a small number of key customers could significantly impact the group’s growth,” the firm told analysts.
Separately, the project could be a good thing for consumers. According to The Times, ARM’s solutions engineering team is also working on improving the performance and security of the company’s designs. That work will likely trickle down to the devices you use daily.
This article originally appeared on Engadget at https://www.engadget.com/arm-is-reportedly-building-a-chip-to-show-off-what-its-designs-can-do-193232317.html?src=rss
No savings? I’m taking the Warren Buffett approach to building wealth from scratch
Christopher Ruane sets out some of the lessons he is applying from the career of legendary investor Warren Buffett as he tries to build wealth.
The post No savings? I’m taking the Warren Buffett approach to building wealth from scratch appeared first on The Motley Fool UK.
This great new city building mobile game could teach PC city builders a few tricks
PlayStation acquires Firewalk Studios, which is building an ‘original AAA multiplayer game’
Sony is acquiring Firewalk Studios from ProbablyMonsters to help build an “original AAA multiplayer game” for PlayStation 5 and PC, Sony announced on Thursday. Sony has been investing heavily in multiplayer games recently, acquiring Destiny maker Bungie and Jade Raymond-led Haven Interactive Studios last year, and it revealed in February 2022 that it’s planning to release more than 10 live service games before March 2026.
We don’t know much about the new game just yet, but Sony’s head of PlayStation Studios, Hermen Hulst, noted in a PlayStation blog post that “we continue to be impressed by the team’s ambitions to build a modern multiplayer game that connects players in new and innovative ways.” In a press release, he added, “I think…
Market Extra: Former WeWork office building in San Francisco sees value slashed by about 66%
DuckDuckGo’s Building AI-Generated Answers Into Its Search Engine
While the tool’s built upon language models from OpenAI, the company that makes ChatGPT, and the Google-backed Anthropic, Weinberg says it’ll retain the same focus on privacy as DuckDuckGo. According to the announcement, DuckAssist won’t share any personally identifiable information with OpenAI and Anthropic, and neither company will use your anonymous questions to train their models. DuckDuckGo says the feature uses the “most recent full Wikipedia download available,” which is around a few weeks old, so it might not be able to help if you’re searching for something later than that. However, the company plans to update this in the future, as well as add more sources for DuckAssist to draw from.
Read more of this story at Slashdot.
5 steps to building a £5,000 passive income
Christopher Ruane explains the five-step approach he’d take to building a long-term passive income stream of £5,000 annually.
The post 5 steps to building a £5,000 passive income appeared first on The Motley Fool UK.