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According to The Information, Intel and TSMC have reached a preliminary agreement on a joint venture to operate Intel's US fabs. TSMC will take a 20 percent stake. The US government had urged the two companies to find a solution to Intel's ongoing problems. Intel recently reported a net loss of $18.8 billion for 2024. Previous attempts to act as a contract manufacturer have failed due to quality issues. TSMC was previously rumored to have offered Nvidia, AMD and Broadcom shares in the joint venture. However, Nvidia CEO Jensen Huang denied these rumors.

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ChatGPT's new image generation feature has seen rapid adoption, with users creating over 700 million images since its launch about a week ago. OpenAI COO Brad Lightcap shared on X that over 130 million users tried the function in its first week, with India emerging as a significant growth driver, according to CEO Sam Altman. An improved version is in development, and an image generation API may be coming soon. The feature is now available to free users with limitations. The viral Ghibli-style image trend coincided with a surge in platform usage, with ChatGPT recording one million new user registrations per hour at its peak. However, Altman warned that capacity constraints could lead to delayed product launches and service disruptions.

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