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WSJ Tech News Briefing

TNB Tech Minute: Amazon Announces New Supercomputer for AI Development

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 3 December 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus, Microsoft faces a $1.27 billion antitrust lawsuit in the United Kingdom. And China responds to U.S. trade restrictions with a ban on exports of key raw materials. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges the goldman sacks podcast featuring exchanges on the forces driving the markets and the economy

0:07.4

exchanges between the leading minds at goldman sacks new episodes every week listen now here's your

0:17.5

tnb tech minute for tuesday december third ird. I'm Danny Lewis for the Wall Street Journal.

0:23.0

We exclusively report that Amazon's cloud computing arm says it's planning to build a massive supercomputer dedicated to artificial intelligence development.

0:32.3

The so-called ultra-cluster will be made up of hundreds of thousands of Amazon Web Services Traneum chips, as well as a new

0:39.2

server. The supercomputer is expected to be completed next year and will be one of the largest

0:43.8

in the world for training AI models. It will be used by AI startup Anthropic, in which Amazon

0:49.8

has invested billions of dollars. Microsoft is facing a $1.27 billion anti-trust lawsuit in the United

0:57.4

Kingdom over how it charges customers who buy rival cloud software services. The lawsuit filed with the

1:03.1

UK's Competition Appeal Tribunal alleges that Microsoft is unfairly charging businesses more if they

1:08.7

buy a Windows server, but use it with other cloud

1:11.4

platforms, like Google or Amazon.

1:14.3

Microsoft declined to comment.

1:17.1

Meanwhile, China is retaliating against the latest U.S. trade restrictions on chips by limiting

1:22.4

exports of key raw materials.

1:25.1

Citing national security concerns, China's Ministry of Commerce said it would in

1:29.2

principle ban the export of gallium, germanium, antimony, and certain other extremely hard

1:34.7

materials to the U.S. The ministry also said it would conduct stricter reviews of the export

1:40.0

of graphite and ban the export of dual-use items intended for U.S. military purposes.

1:46.4

And Tesla's sales in China fell in November amid intensifying competition from rivals like B.D.

1:52.8

Data from the China Passenger Car Association found Elon Musk's electric vehicle maker sold almost

1:58.3

79,000 China-made cars in November, down 4.3% compared

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