Tech
Trump Is Betting Big on Intel. Will the Chips Fall His Way?
The US government is aiming to take an equity stake in Intel in exchange for grants the company was already committed to receive under the Biden era CHIPS Act, according to comments US commerce secretary Howard Lutnick made in an interview with CNBC. The move is part of the government’s efforts to boost US chip manufacturing.
“We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,” Lutnick said. “We’ll get equity in return for it.” Previously, the government was discussing taking a 10 percent stake in Intel, according to the New York Times.
The deal could help the venerable chipmaker fund its US-based semiconductor fabrication plants, or fabs, which have required billions of dollars to construct and maintain, even as demand for Intel chips has waned in recent years. Some chip industry experts and members of the Trump administration say that keeping Intel afloat is essential to US national security, because it lessens the country’s reliance on chipmakers overseas.
But analysts and one notable economist say a potential tie-up between Intel and the US government could present a conflict of interest and may not result in the kind of domestic chipmaking industry the administration is angling for.
“It’s not the right policy to have the US government own things, to have privatization in reverse,” says Stephen Moore, a visiting fellow at The Heritage Foundation and a former senior economic adviser to Trump’s 2016 campaign. “That’s similar to Europe’s industrial model, and we haven’t done that often here in the US, because a lot of it ends up failing.”
Government Intervention
The US government has some history of investing in the private sector. Moore cites a 1980s program called the Synthetic Fuels Corporation, a federally directed multibillion-dollar investment in companies producing liquid fuels from coal, oil shale, and tar sands. It was hailed by President Jimmy Carter as “the cornerstone of our energy policy” and had fallen apart by 1986.
Then, in the wake of the 2008 financial crisis, the US government stepped in with multibillion-dollar bailouts to stop US automakers and some banks from going under. Those funds were issued either through the Troubled Asset Relief Program, in which the US Treasury Department bought up or guaranteed toxic assets, or in the form of bridge loans. Many were eventually repaid.
More recently, the Department of Defense agreed to fund a US-based rare-earth magnet company, MP Materials, via equity and loans, in order to expand production and decrease the country’s reliance on China. The deal would in theory give MP Materials the capital to increase its manufacturing capacity from 3,000 to 10,000 metric tons.
Moore says the ideal scenario is that these arrangements between the government and private industry have an end point. “It should be an agreement to own a short-term stake and then divest,” he says.
But the current Trump administration has been taking some of these public-private business dealings a step further: In June, the administration approved a partnership between Japanese steel company Nippon Steel and Pittsburgh-based US Steel, dependent on a national security agreement and a so-called golden share provision. The government insisted that it have a say in US Steel’s company decisions, including board appointees and future relocation plans. (This deal was also designed to help the US compete with China on steel production.)
Tech
Anthropic Plots Major London Expansion
Anthropic is moving into a new London office as it seeks to expand its research and commercial footprint in Europe, setting up a scrap between the leading AI labs for talent emerging from British universities.
The company, which opened its first London office in 2023, is moving to the same neighborhood as Google DeepMind, OpenAI, Meta, Wayve, Isomorphic Labs, Synthesia, and various AI research institutions.
Anthropic’s new, 158,000-square-foot office footprint will have space enough for 800 people—four times its current head count—giving it room to potentially outscale OpenAI, which itself recently announced an expansion in London.
“Europe’s largest businesses and fastest-growing startups are choosing Claude, and we’re scaling to match,” says Pip White, head of EMEA North at Anthropic. “The UK combines ambitious enterprises and institutions that understand what’s at stake with AI safety with an exceptional pool of AI talent—we want to be where all of that comes together.
UK government officials had reportedly attempted to coax Anthropic into expanding its presence in London after the company recently fell out with the US administration. Anthropic refused to allow its models to be used in mass surveillance and autonomous weapon systems, leading to an ongoing legal battle between the AI lab and the Pentagon.
As part of the expansion, Anthropic says it will deepen its work with the UK’s AI Security Institute, a government body that this week published a risk evaluation of its latest model, Claude Mythos Preview. According to Politico, the UK government is one of few across Europe to have been granted access to the model, which Anthropic has released to only select parties, citing concerns over the potential for its abuse by cybercriminals.
The increasing concentration of AI companies in the same London district is an important step in creating a pathway for research to translate into AI products, says Geraint Rees, vice-provost at University College London, whose campus is around the corner from Anthropic’s new office.
“This cluster didn’t emerge from a planning document. It grew because serious researchers and companies understand that proximity isn’t a nice-to-have,” he said last month, speaking at an event attended by WIRED. “That’s how the innovation system actually works. It’s not a clean, linear transfer from lab to market. It’s messier, richer, more human than that.”
Tech
LG’s High-End Soundbar System Makes My Living Room Feel Like a Home Theater
Setup was relatively quick and painless. You just have to unbox four speakers, a soundbar, and a subwoofer, attach their power cables, and plug in everything. Pairing happens through the LG ThinQ app, which allows you to set up the Sound Suite system and tune it to exactly where you’re sitting in the room using your cell phone’s microphone.
You can also set up each speaker to play music and group it with any other LG smart speakers you might have around your home, like the more affordable $250 M5 bookshelf speaker, to create a whole-home system.
Once all the components were synced, I plugged the soundbar into the C5 OLED via HDMI, and was able to easily control everything via the TV remote’s volume and mute buttons. More in-depth settings had to happen in the app, but if you’re anything like me, this won’t become a regular chore. You’ll set it how you like it once and move on. While the pairing functionality with the LG TV was nice, it’s not required–the eARC port lets the Sound Suite work perfectly with any modern TV.
The bar itself runs the show, with a black-and-white display on the far left that shows your mode and volume, among other settings. In the center of the bar and below each speaker, an LED light strip that also shows you the volume when you change it, which is a nice touch.
Getting Musical
Photograph: Parker Hall
The sound of the LG Sound Suite is full and cinematic, thanks in no small part to the extra dedicated speakers. Most competitors lack front left and right, simply opting to use the soundbar for these channels. As such, the width and breadth of the soundstage were bigger than most competitors I’ve tried, with only Samsung’s flagship HW-Q990F as a real contender. Even the Samsung lacked the lower-frequency audio quality that these LG speakers provide.
Tech
Cyber Essentials closes the MFA loophole but leaves some organisations adrift | Computer Weekly
On 27 April, the government backed security certification scheme, Cyber Essentials v3.3, takes effect and multi-factor authentication (MFA) becomes a pass-or-fail requirement for the first time.
If a cloud service your organisation uses offers MFA and you have not enabled it, you fail. No discretion, no partial credit, no route to remediate inside the assessment cycle.
This is the right call. I want to say that clearly, because what follows is a problem with the implementation, not the policy. MFA is the single most effective control against credential-based attacks, and the scheme has needed to stop tolerating its absence for a long time. The National Cyber Security Centre (NCSC), part of GCHQ, which developed Cyber Essentials and certification company, IASME have got this decision right.
But in the assessments we have conducted this year, I have seen two organisations that will hit a wall on 27 April, and I do not think they are unusual.
Train company could not deploy MFA
The first is a train operating company in the South East. Station operations rooms run on shared terminals where staff rotate through shifts in time-critical conditions. A transport union raised formal concerns that MFA would introduce delays at the keyboard that could affect train operations and, in their view, the safety of train movements.
The company listened and chose not to enable MFA in those environments. Under v3.2 they passed, with the relevant questions marked as non-compliant but not fatal. Under Cyber Essentials v3.3 they will fail.
Charity run by volunteers faces MFA hurdle
The second is a nationally known charity with hundreds of high street shops. The shops are staffed largely by volunteers many of whom work a few hours a week, and staff turnover is high.
The cost and management overhead of enrolling every volunteer onto MFA, using personal phones they may not have and authenticator apps they would not keep, was considered prohibitive. So MFA was never switched on. Same story: they passed under v3.2. Under v3.3 they fail.
Neither of these organisations is ignoring security. Both made considered decisions based on how their people actually work. The problem is not that they do not want to comply. It is that the standard toolkit of MFA methods, including SMS codes, authenticator apps on personal phones, and push notifications, does not fit a six-person shared terminal that has to be available in seconds, or a volunteer workforce that changes every week.
FIDO2 could offer solutions
The frustrating part is that there is a solution, and it is already proven in healthcare, manufacturing and retail. FIDO2 authentication delivered through NFC badge-taps lets a staff member authenticate in under two seconds: tap a badge, enter a short PIN, session opens.
It satisfies the MFA requirement by combining possession of the badge with knowledge of the PIN. It is faster than typing a password. Crucially, it is compliant, because each badge is enrolled as that individual’s unique FIDO2 credential, so the Cyber Essentials requirement for unique user accounts is met. Shared keys or shared PINs would not work. Individual badges do.
Need for better guidance
v3.3 explicitly recognises FIDO2 authenticators and passkeys as valid MFA methods. The compliance path is clear. What is missing is anyone telling the organisations most affected that this path exists.
That is the gap that must close. The NCSC and IASME have made the right policy decision; the scheme would be weaker without it.
But implementation guidance for shared-terminal, shift-based and high-turnover environments is thin, and these organisations are running out of time to find their way through it. Many of them hold Cyber Essentials because it is required for government contracts or in their supply chains; losing certification has a direct commercial cost.
The answer is not to soften the requirement. The answer is to make sure no one fails for lack of information about how to meet it.
Jonathan Krause is Founder and Managing Director of Forensic Control
-
Entertainment1 week agoQueen Elizabeth II emotional message for Archie, Lilibet sparks speculation
-
Tech1 week agoAzure customers up in arms over ‘full’ UK South region | Computer Weekly
-
Tech1 week agoAs the Strait of Hormuz Reopens, Global Shipping Will Take Months to Recover
-
Fashion1 week agoCII submits 20-pt agenda to Indian govt to back firms hit by Iran war
-
Tech1 week agoThis AI Button Wearable From Ex-Apple Engineers Looks Like an iPod Shuffle
-
Politics6 days agoIndian airlines hit hardest after Dubai limits foreign flights until May 31
-
Entertainment4 days agoPalace left in shock as Prince William cancels grand ceremony
-
Politics6 days agoChinese, Taiwanese will unite, Xi tells Taiwan opposition leader
