Intel’s comeback play: US government takes 10% stake as Apple and Nvidia partnerships reshape chip supply chains

The post Inmate Accused of Moving $290,000 in Crypto Already Forfeited to US Government appeared on BitcoinEthereumNews.com. Key Takeaways Prosecutors allege Rossen Iossifov helped remove approximately $290,000 in cryptocurrency forfeited to the federal government. Authorities say multiple exchanges, mixing services, and a foreign bank obscured control of the seized assets. Further proceedings will determine whether prosecutors can prove the new property-removal and money-laundering charges beyond reasonable doubt. Federal Indictment Targets Alleged Transfer of Seized Cryptocurrency Federal prosecutors charged a man already serving a 111-month prison sentence with helping remove approximately $290,000 in cryptocurrency from an account forfeited to the U.S. government. Rossen G. Iossifov, 53, appeared July 8 in the Eastern District of Kentucky on property-removal, aiding-and-abetting, and money-laundering conspiracy charges. Authorities allege the post-conviction activity occurred from

Federal prosecutors charged an imprisoned man with helping transfer cryptocurrency forfeited to the U.S. government. The indictment alleges roughly $290,000 left a restrained Kraken account through exchanges, mixing services, and a foreign bank. Federal Indictment Targets Alleged Transfer of Seized Cryptocurrency Federal prosecutors charged a man already serving a 111-month prison sentence with helping remove […]

The post NVIDIA Optimizes JAX LLM Training with Host Offloading appeared on BitcoinEthereumNews.com. Lawrence Jengar Jul 10, 2026 18:51 NVIDIA’s host offloading for JAX LLM training boosts GPU memory efficiency, enabling larger batch sizes and faster throughput. NVIDIA has introduced a new host offloading technique for JAX-based large language model (LLM) training, addressing GPU high-bandwidth memory (HBM) bottlenecks that often limit the scalability of modern AI workloads. Leveraging the latest NVIDIA Blackwell architecture, this approach enables larger batch sizes and faster training throughput by moving selected activations to CPU memory during the forward pass and streaming them back during the backward pass. HBM is frequently a limiting factor in LLM training as model sizes, sequence lengths, and batch sizes grow. NVIDIA’s host offloading solution, detailed in a company blog post published on July 10, 2026, offers an alternative to activation rematerialization,

Suit claims OpenAI poached Apple workers, coaxing them to share confidential material in bid to create hardware Apple filed a lawsuit against OpenAI on Friday alleging the artificial intelligence firm stole company trade secrets in a move to create its own hardware device. The suit claims OpenAI poached Apple employees, coaxing them to hand over confidential material, product designs and other tightly held information. Continue reading...

The post OpenAI Back in Another Legal War Weeks After Beating Elon Musk appeared on BitcoinEthereumNews.com. Apple has sued OpenAI, accusing the ChatGPT maker of running a scheme to steal trade secrets tied to its unreleased hardware. The complaint also names two former Apple employees central to OpenAI’s device push. The filing marks OpenAI’s second major legal fight in a month. Just weeks earlier, the company shook off trade secrets claims from Elon Musk’s xAI, only to face a far larger accuser. Why Apple Sued OpenAI Apple filed the suit on July 10 in the U.S. District Court for the Northern District of California. It names OpenAI, its io Products hardware unit, and two former Apple staff as defendants. Apple was blunt about the scope. “At every level, from members of its Technical Staff to its Chief Hardware Officer, and in coordination with business partners, OpenAI has been stealing Apple’s trade secrets and confidential information,” Apple made the claim in its complaint. Follow

The post NVIDIA CUDA Kernel Fusion Boosts GPU Efficiency in AI Workloads appeared on BitcoinEthereumNews.com. Timothy Morano Jul 10, 2026 17:21 NVIDIA’s CUDA kernel fusion cuts memory traffic, kernel launch overhead, and speeds up AI and HPC tasks by up to 3x. Key for MoE and LLM training. NVIDIA (NASDAQ: NVDA) is doubling down on GPU efficiency with its latest advancements in CUDA kernel fusion, a technique that optimizes memory usage and minimizes kernel launch overhead. By combining multiple operations into a single kernel, NVIDIA claims speedups of up to 3x for certain workloads like Mixture-of-Experts (MoE) models and large language model (LLM) training. Kernel fusion works by addressing a longstanding bottleneck in GPU computing: the high memory bandwidth consumption caused by intermediate data transfers. In a typical GPU workload, intermediate results often travel through global memory between separate kernel launches, creating significant latency. Fusion elimi

The post Apple Sues OpenAI, Claims Former Employees Stole Trade Secrets appeared on BitcoinEthereumNews.com. In brief Apple sued OpenAI and two former employees, alleging theft of hardware trade secrets. The complaint claims former Apple employees accessed confidential files, shared supplier information, and used internal information at OpenAI. The lawsuit follows OpenAI’s $6.5 billion acquisition of Jony Ive’s hardware startup io Products. Apple has sued OpenAI and two former employees, accusing the ChatGPT maker of using stolen trade secrets for its consumer hardware efforts. The complaint, filed Friday in the U.S. District Court for the Northern District of California, names former Apple senior system electrical engineer Chang Liu and former iPhone and Apple Watch design executive Tang Yew Tan, along with OpenAI Foundation, OpenAI Group PBC, and io Products. Apple alleges Liu, who left the company in January after eight years, failed to return a company laptop and later accessed App

Apple alleges former employees took confidential designs, supplier information, and engineering files before joining OpenAI.