An anonymous reader quotes a report from IEEE Spectrum: Worried that your latest ask to a cloud-based AI reveals a bit too much about you? Want to know your genetic risk of disease without revealing it to the services that compute the answer? There is a way to do computing on encrypted data without ever having it decrypted. It's called fully homomorphic encryption, or FHE. But there's a rather large catch. It can take thousands -- even tens of thousands -- of times longer to compute on today's CPUs and GPUs than simply working with the decrypted data. So universities, startups, and at least one processor giant have been working on specialized chips that could close that gap. Last month at th...