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Here's the latest tech news from the last 24 hours:

💡 NVIDIA's revenue soars with AI chip demand
🛰️ Space junk removal mission got struck by space junk
🔍 Meta unveils Code Llama, their AI code-writing tool
🌪️ Tornado Cash founders face $1B+ money laundering charges
🖥️ Zoom CEO complains you can't get anything done on Zoom

💡 NVIDIA's revenue soars with AI chip demandLINK

Nvidia's collaboration with Audi was announced by CEO Jen-Hsun Huang in 2017.

Nvidia's sales surged 171% YoY to $13.51 billion in Q2, driven by high demand for AI chips like the H100.

The company's profits and stock have soared, with a 422% increase in net income and over 200% stock gain in 2023, largely attributed to its dominance in the AI boom.

🛰️ Space junk removal mission got struck by space junkLINK

A defunct payload adapter chosen for space debris cleanup mission was hit by another piece of space junk, highlighting the issue of space debris.

The VESPA payload adapter, part of a Vega rocket launch in 2013, broke into smaller pieces after collision with debris.

The incident underscores the urgent need to address space junk as the global space industry expands and collision risks increase.

🔍 Meta unveils Code Llama, their AI code-writing toolLINK

Meta Platforms introduces Code Llama, an open-source generative AI language model designed for programming.

Code Llama competes with OpenAI's Codex and Github Copilot, offering code generation, completion, debugging, and more for various programming languages.

Code Llama includes different model sizes and fine-tuned versions, aiming to assist software engineers in various sectors.

🌪️ Tornado Cash founders face $1B+ money laundering chargesLINK

The original developers of crypto mixer Tornado Cash, Roman Storm and Roman Semenov, are indicted for aiding crypto criminals in laundering over $1 billion in cryptocurrency.

The U.S. alleges that Storm and Semenov knowingly facilitated money laundering and sanctions evasion by helping hackers conceal their illicit gains through Tornado Cash.

Tornado Cash, a crypto mixer established in 2019, allowed users to anonymize their crypto transactions, but the indictment claims the developers lacked proper anti-money laundering measures and ignored complaints about hacked funds being laundered.

🖥️ Zoom CEO complains you can't get anything done on ZoomLINK

Zoom CEO Eric Yuan explains that returning some employees to the office is motivated by the belief that in-person interactions foster better innovation and trust.

Yuan suggests that remote work on platforms like Zoom lacks the depth of conversation and debate, leading to overly friendly interactions.

This move by Zoom, known for remote work facilitation, sparks irony as the company attempts to balance remote and in-person work arrangements.

Other news you might like

PlayStation's remote-play device, the Portal, priced at $199.99, offers PS5 gaming experience with DualSense features and 1080p resolution. Requires PS5 and WiFi connection. Launching later this year.LINK

OpenAI introduces fine-tuning for GPT-3.5 Turbo, enabling custom training for specific tasks with improved performance, adaptability, and cost-effectiveness.LINK

AI startup Hugging Face secures $235 million in Series D funding from major players, valuing it at $4.5 billion, as its AI platform gains popularity for AI development and deployment.LINK

Elon Musk expresses dissatisfaction with the build quality of Tesla's Cybertruck prototype due to noticeable dimensional variations and inconsistent panels.LINK

Rishi Sunak's AI safety summit, aimed at discussing the risks of artificial intelligence and coordinating international action, will be hosted at Bletchley Park, known for its history in codebreaking during WWII. The summit aims to address concerns about AI's rapid advancement and safety risks.LINK

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