SK Group, the parent of South Korean memory chipmaker SK Hynix Inc., plans to invest $74.6 billion into its chip business over the next three years, setting aside an additional $58 billion especially for artificial intelligence-related technologies and shareholder returns.

AI big shot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upward of $120 million for its second effort.

An engineering sample of the Ryzen 9 9950X processor has surfaced in AIDA64 benchmarks. The Ryzen 9 9950X demonstrates a 45% improvement in AES encryption and a 39% boost in FP32 and FP64 operations over its predecessor, the Ryzen 9 7950X. The results also suggest that the chip offers up to 55% faster performance compared to Intel’s Core i9-13900K, demonstrating notable gains in both floating-point and encryption tasks.