Hi, I’m Samantha Edwards, an editor at The Globe and Mail. Welcome back to Lately, The Globe’s new tech newsletter – and if you’re here for the first time, welcome! Every Friday morning, I break down the week’s biggest tech stories and how they intersect with, and even change, our world.Ann Wang/Reuters, worth $3.4-trillion. As OpenAI and other big tech firms gobble up the company’s chips to train their AI models, Nvidia’s revenues have skyrocketed – up from $7.
Some companies such as Google, Amazon and Meta are developing their own chips, and a host of startups are joining the race too. One of those startups is Toronto-based Untether, which is launching a new inference chip versus a training chip. There are currently two main types of chips used in AI: training chips, Nvidia’s bread and butter, which teach AI models to recognize patterns and make decisions by processing massive data sets.
Last week, the Globe’s Joe Castaldo and Alexandra Posadzki reported on the story of Paul Krusky, the unassuming Ontario entrepreneur who built the encrypted phone service EncroChat and is now sitting in a French prison as police say the vast majority of EncroChat users were carrying out criminal activity. But some industry watchers fear this crackdown could give precedent for authorities to conduct similar data surveillance operations into mainstream services like Signal and Telegram.
Toronto’s Untether straps in for growth selling AI chips - but can it avoid getting crushed by Nvidia?Toronto’s Untether straps in for growth selling AI chips - but can it avoid getting crushed by Nvidia?
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