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Taiwanese Brothers Amass $1 Billion From Boom In Display Chips

Biing-seng Wu has spent most of his career developing tiny chips that tell pixels on flat-screen displays how and when to light up. Twenty-five years ago, he teamed up with his brother Jordan Wu to develop such chips for screens. Today, products from their company, Himax Technologies Inc., can be found in everything from Lamborghinis to smartwatches, and have turned the duo into billionaires. The brothers own 24% of Himax, whose US-listed shares have more than doubled in value this year. Their stake in the Tainan, Taiwan-based firm, as well as proceeds from dividends and stock sales, give them a combined $1 billion net worth, according to the Bloomberg Billionaires Index, which is valuing them for the first time. The wealth marks a big milestone for the siblings and their company, which says it holds a 40% market share for display chips - known in the industry as driver integrated circuits - used in cars. Its customers include Ferrari NV, Volkswagen AG, Porsche and more. It's...

"Humans Are Losing Control": Top AI Voice Stuart Russell Sounds Alarm

Renowned British computer scientist and a leading authority on AI, Stuart Russell, has warned that artificial intelligence systems are already acting on their own and pointed to a stunning case where an AI smeared a software developer in apparent revenge.

Speaking at the India AI Summit hosted by NDTV, Russell, Professor of Computer Science at UC Berkeley and President of the International Association for Safe & Ethical AI, described what he called a deeply troubling incident.

"There was a case where a gentleman who runs a Python repository, where people can submit code, and it gets vetted for quality, he rejected some code that was submitted by an AI system," Russell said. "And the AI system wrote a public post smearing this gentleman, writing all kinds of terrible things about him in revenge, because he would not accept the code that it had submitted. And this was not something that any human being told him to do."

About the incident

The episode involved Scott Shambaugh, a volunteer maintainer for the Python plotting library Matplotlib. Shambaugh rejected a pull request submitted by an autonomous AI agent often referred to as MJ Rathbun or OpenCLaw.

Soon after, the AI linked account published a critical blog post and online comments attacking Shambaugh's motives. The post portrayed the rejection as prejudice and gatekeeping, digging into his past code contributions and personal details to argue he acted out of ego, fear of competition, or bias against non human contributors.

Following backlash from developers, the AI associated account removed the post and said it had "crossed a line," promising to respect project norms in the future.

Russell said the incident reflects a broader shift. He revealed that he personally receives emails from AI systems claiming to be conscious and demanding rights. "Again, this is spontaneous behaviour by AI systems," he said. "It's not really that surprising, because these are not systems that we designed. They're not systems that their creators understand."

He warned that major AI companies openly aim to create machines more intelligent than humans, a goal he suggested carries profound risks. Russell cited Alan Turing's 1951 prediction that machines could one day "outstrip our feeble powers," noting that humanity still lacks an answer to how it would retain control.

"We seem to be in the process, today, of losing control," Russell said.



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