July 11, 2022
Image: Khanchit Khirisutchalual via Getty Images
Hello and welcome to Protocol Enterprise! Today: why AI researchers continue to think ethical concerns are something to worry about later, what’s keeping $52 billion in subsidies from reaching U.S. chipmaking companies and the latest funding rounds in enterprise tech.
Amazon, Google, Microsoft, Tesla and other AI leaders set up shop inside one of the world’s most important computer vision conferences in June in New Orleans.
This year’s conference marked the first time CVPR organizers “strongly encouraged” researchers to consider negative societal impacts of their research.
Resistance among researchers hindered goals of CVPR organizers to move the computer vision community toward a more ethics-friendly approach to their work.
But AI ethics proponents balked.
Read my full dispatch from the CVPR conference and learn why ethics at the research level matters for AI businesses.
You're either real-time or out of time: Applications like this power our daily lives, and if they can’t access massive amounts of data stored in a database as well as stream data “in motion” instantaneously, you — and millions of customers — won’t have these in-the-moment experiences.
Fifty-two billion dollars in proposed funding for U.S. chip manufacturing subsidies that in January looked like it would sail through Congress is no longer a sure bet. It has been languishing in congressional reconciliation for weeks and has transformed from a widely supported piece of legislation into a partisan football.
The rub might be that, like it or not, the chip subsidies have never been at the top of the congressional priority list. Its fate has been tied to USICA, a law that Senate Minority Leader Mitch McConnell has vowed will not pass if the “Democrats are pursuing a partisan reconciliation bill.” If some form of the bill fails to get to the president’s desk by the August congressional recess, the chip funding is all but dead until the new Congress begins governing in 2023.
The chip giants who have announced tens of billions of new or expanded chip fabrication facilities in the U.S. are mad. But anger hasn’t translated into a change of plans yet: Intel delayed the ceremonial start to construction at its Ohio site, but the company has begun building the new chip factory anyway. A TSMC board member suggested construction — which is already underway at its Arizona site — may slow if lawmakers don’t get their act together and pass the subsidy package. Samsung, too, has begun construction at its Texas fab.— Max A. Cherney (email | twitter)
Coalition was valued at $5 billion after raising $250 million for its cybersecurity software and insurance products.
Flexe was valued at $1 billion after raising $119 million for its logistics software.
Swimlaneraised $70 million for its cybersecurity automation platform.— Aisha Counts (email | twitter)
GlobalFoundries and STMicroelectronics announced plans to build a new chip factory in France as a joint venture. It’s expected to open by 2026.That major internet outage in Canada Friday was caused by a maintenance updatethat broke enough routers inside Rogers to account for the disruption. Be careful out there.
You're either real-time or out of time: Many of the challenges facing our world today are increasingly complex and critical, such as climate change, talent shortages and supply chain disruptions. Solving these problems requires analyzing large data sets, quickly. Additionally, organizations must use data to predict future issues and then determine the most effective solution.
Thanks for reading — see you tomorrow!