Amazon is building the largest AI supercomputer in the world

Hi! Today we are gonna cover:

👉 FBI says you shouldn’t text anymore

👉 Amazon is creating the biggest AI computer in the world

👉 Cargill’s layoffs already affecting 500 people

and many more!

Today’s issue is a 5-minute read.

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Quote of the day

“I didn't fail 1,000 times. The lightbulb was an invention with 1,000 steps”

Thomas Edison (American inventor and businessman)

Must Know

China on banning exports to US

✈🚢 China will ban exports of important materials like gallium, germanium, and antimony to the United States. This decision comes as a response to recent U.S. actions that limit China's access to advanced technology used in making computer chips.

The Chinese government claims these materials are crucial for national security and are used in various high-tech products, including ⚔ military applications. The ban is part of a growing trade conflict between the two countries.

This move could impact many industries, as the U.S. relies heavily on China for these minerals, which are essential for making semiconductors and other technologies.

Australia's bold social media move

⚖ Australia’s new law bans children under 16 from using social media platforms like TikTok, Instagram, and Snapchat. This law aims to protect kids from the harmful effects of social media, such as bullying and anxiety. It will take a year to implement, giving companies time to find ways to enforce the ban. If they fail to stop underage users, they could face hefty fines.

🤔 While many parents and experts support this move, there are concerns about how it will be enforced. Critics worry that kids might find ways around the rules, and some believe the ban could limit children's ability to connect with friends and support networks.

🧐 The law places responsibility on social media companies to verify users' ages, but how this will be done remains unclear.

Chinese hackers are targeting Americans

The FBI is warning iPhone and Android users to stop sending regular texts due to ⚠ security risks. They advise using fully encrypted messaging apps instead, especially after reports of ongoing cyberattacks linked to a Chinese hacking group that is believed to keep US networks under attacks and likely larger in scale than previously understood.

💬 While messaging between the same devices is secure, cross-platform messaging lacks the same protection, making it easier for hackers to intercept messages.

🔐 The officials emphasized that encryption is essential for keeping communications safe. They recommend using apps like 📞 WhatsApp or Signal for all messaging and calls, as these provide better security.

⚡Speed-Round: The Most Impactful Stories

Amazon is developing a mega AI supercomputer called Project Rainer in collaboration with Anthropic (the creator of Claude chatbot), which will be 5 times larger 🤯 than Anthropic's current model and utilize hundreds of thousands of Amazon's new Trainium 2 chips. This supercomputer is expected to be the largest in the world.

🎮 PlayStation's CEO, Hermen Hulst, believes AI can transform gaming but will never replace the essential human element in game development. Speaking to the BBC during the PS’ 30th anniversary, he highlighted the industry's challenges, including job losses and 📉 declining demand post-pandemic, which have raised concerns about AI's impact on employment.

Meta, Facebook’s parent company, is trying to secure between up to 4 gigawatts of 🏭 nuclear energy to power its data centers, aiming for a reliable electricity source as it expands its artificial intelligence capabilities. The company has invited proposals from nuclear developers for reactor capacity starting in the early 2030s, recognizing the need for 🍂 clean energy amid rising ⚡ electricity demands. Amazon and Google are also going in the same direction.

Top-levels

Markets & Business

• 📢 After Cargill’s yesterday announcement, planning to cut 5% of its workforce, nearly 500 Minnesotans are already impacted by the company’s layoff plans.

• 💰 BlackRock, world’s largest asset manager, will acquire HPS Investment Partners for $12 billion in stock, towards growing its presence in the highly popular private credit space. The deal is expected to close in mid-2025.

• 🏭 Stellantis, automotive manufacturing company, and Samsung will get $7.54 billion federal loan for building two EV 🔋 battery factories in Kokomo, Indiana. The project is expected to create 6000+ jobs. (Read detailed plans)

• 🍎 Apple has significantly 📈 raised its investment proposal to Indonesia and is now offering $1 billion in a bid to drop ongoing iPhone 16 sales ban in the country. (Read details)

Media & Entertainment

• Debbie Nelson, mother of Eminem, sadly passed away on Monday, December 2, at the age of 69. | In an Instagram video 🎙 Britney Spears revealed that she’s moved to Mexico to get away from the paparazzi, because they have always treated her with cruelty.

• 🌊 After six days of release, Disney’s “Moana 2” breaks records at $404.5M worldwide sales and already earned the number 9 movie of the year.

• 🧸 Mattel, American toy company, was sued on Tuesday by a South Carolina mother for mistakenly putting a link to a pornographic website on packaging for dolls tied to the blockbuster movie “Wicked”.

Science & Tech News

• 📽 Google’s video generator, Veo, is coming to a few more Google Cloud’s VertexAI customers. (Watch Samples)

• 🍔 The CDC says the deadly E. coli outbreak linked to slivered onions served at McDonald’s is over, after infecting 104 people in 14 states.

• A new study suggests that gut microbes played a key role in the evolution of 🧠 larger brains in humans and other primates by influencing ⚡ energy production and usage.

Did You Know?

🌍 90% of the world’s population lives in the Northern Hemisphere.

🛰 The International Space Station orbits Earth approximately every 90 minutes.

🧖‍♂️ Finland has more saunas than 🚗 cars.

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