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Sources: Rigetti Computing’s $71M raise was at a significant cut to valuation, because quantum computing is hard, and commercial applications are still few (Jonathan Shieber/TechCrunch)

Jonathan Shieber / TechCrunch: Sources: Rigetti Computing’s $71M raise was at a significant cut to valuation, because quantum computing is hard, and commercial applications are still few — The $71 million in financing that quantum computing technology developer Rigetti Computing recently raised came at a significant cut … Source link

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AMD’s top supercomputer wins are a big moment in ‘heated competition’

Advanced Micro Devices executives argued Thursday at the company’s investor day that the chip maker is gaining ground on its competition, starting with two major wins for top supercomputer chip deals. Mark Papermaster, chief technology officer at Advanced Micro Devices, said that AMD beat out “heated competition” for the Lawrence Livermore National Laboratory (LLNL) El […]

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Foxconn says its revenue in February fell to $7.26B, down 18.13% YoY and down 40.35% month over month, after it cut production due to coronavirus fears (Jessica Bursztynsky/CNBC)

Jessica Bursztynsky / CNBC: Foxconn says its revenue in February fell to $7.26B, down 18.13% YoY and down 40.35% month over month, after it cut production due to coronavirus fears — – Apple supplier Foxconn reported its biggest year-over-year revenue drop since 2013. — Foxconn, the world’s largest contract electronics maker … Source link

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ZipRecruiter: 4 states account for over 90% of AI jobs

AI and machine learning jobs are in strong demand around the U.S., but not every region has benefited equally from the boom. That’s according to ZipRecruiter’s Future of Work Report 2020, which is out today. To complie the report, ZipRecruiter surveyed data science job listings on the platform between 2018 and 2019. The metrics, while […]

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