During an earnings call, Intel announced its next major client CPU architecture, “Nova Lake,” set to debut in 2026 under co-chief executives Michelle Johnston Holthaus and David Zinsner. This follows the upcoming release of Panther Lake in 2025, with both chips aiming to enhance performance and reduce costs for Intel and its partners. Intel’s foundry business will play a significant role in producing Panther Lake, while Nova Lake will involve a combination of internal and external manufacturing sources.
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DeepSeek spurred a Chinese asset manager AI arms race that could shake up China's $10T fund management industry, as firms expand AI research and adopt DeepSeek (Reuters)
Chinese asset managers are engaging in an AI arms race following High-Flyer's use of DeepSeek in trading markets, potentially disrupting the $10 trillion fund management industry. The competition is driving firms to expand AI research and adopt DeepSeek technology, leading to significant changes in the way investments are managed in China. This shift towards AI-driven strategies marks a pivotal moment for Chinese asset managers as they strive to remain competitive in the evolving market landscape....
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