Amazon’s Bold Move: Developing AI Chips to Outpace Nvidia in Cost and Speed
Inside Amazon.com‘s chip lab in Austin, Texas, a team of engineers was busy testing a new server design on a Friday afternoon. This server, loaded with Amazon’s own artificial intelligence…
Jio Joins Forces with MediaTek to Revolutionize the Two-Wheeler EV Market
India’s conglomerate Jio has partnered with Taiwanese semiconductor leader MediaTek to enhance the growing electric scooter market with advanced digital dashboards. Announced at an industry event in New Delhi on…
Toyota Announces Plans for New EV Battery Plant to Power Future Lexus Models, Reports Nikkei
Japan’s Toyota Motor Corporation is planning to build a new battery plant for electric vehicles (EVs) in Fukuoka, located in the southwestern region of Japan. The Nikkei business daily reported…
SK Hynix Announces $6.8 Billion Chip Plant in South Korea, Boosting Nvidia Supply Chain
Memory chip giant SK Hynix announced on Friday plans to invest 9.4 trillion Korean won ($6.8 billion) in constructing a new semiconductor manufacturing plant. The new facility, known as a…
IBM Boosted by Growing Demand for Software and AI Despite Decline in Consulting
IBM has exceeded analysts’ expectations for its second-quarter revenue and increased its annual growth forecast for its software division, benefiting from a surge in AI-related spending by clients eager to…
UK School Under Fire for Unlawful Facial-Recognition Use
An English school has faced criticism from the U.K.’s data protection regulator for using facial recognition technology without obtaining explicit consent from students. The incident highlights ongoing concerns about privacy,…
OneStream Skyrockets in Market Debut, Boosted by KKR Backing
Shares of financial software maker OneStream, backed by private equity firm KKR, rose nearly 30% in their Nasdaq debut on Wednesday, giving the company a valuation close to $6 billion.…
Taiwanese Rocket Startup Poised to Test Japan’s Ambitious Space Hub Vision
A Taiwanese startup, TiSpace, is set to become the first foreign company to launch a rocket from Japan by early next year. This initiative is part of a broader strategy…
AI and Tech Innovations Revolutionize Paris 2024: A Game-Changer in Sports
With applications ranging from athlete safeguarding to enhanced broadcast experiences and efficient energy management, artificial intelligence (AI) and technology innovations are set to transform some aspects of the Olympic Games…
SK Hynix Achieves Record Quarterly Profit in 6 Years, Driven by AI Chip Dominance
SK Hynix, a leading global memory chipmaker, announced that its second-quarter profits have reached the highest level in six years, thanks to its strong position in the advanced memory chip…
Chinese AI Video Model Allegedly Censors Politically Sensitive Content
A new video-generating AI model named Kling, developed by Beijing-based Kuaishou, is now widely accessible. However, it appears to censor politically sensitive topics linked to its country of origin, China.…
LG Energy Solution Lowers Earnings Forecast Amid Sluggish EV Demand; Shares Plummet
South Korean battery manufacturer LG Energy Solution (LGES) has issued a warning about a revenue decline for this year, projecting a drop of over 20%. The company attributes this decline…
Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch
Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…
Baidu’s Robotaxi Vision Faces Scrutiny Despite Recent Stock Surge
China’s rapid adoption of autonomous driving technology is not generating the expected optimism for Baidu Inc., as analysts struggle to identify a new growth catalyst for the company. Baidu’s shares,…
DeepL Expands AI Translation Services with Traditional Chinese Launch in Asia
German artificial intelligence translation startup DeepL has launched traditional Chinese as a language option, aiming to expand its footprint in Asia. DeepL, valued at $2 billion, focuses on providing translation…
Elon Musk Halts Tesla’s Mexico Factory Plans in Response to Trump’s Tariff Threats
Tesla CEO Elon Musk announced on Tuesday that the company is putting its plans to build a new gigafactory in Mexico on hold. The decision comes in response to former…
Waymo-Zeekr Launches Robotaxi Service in San Francisco
Waymo has started testing a new robotaxi model on the public roads of San Francisco, developed in partnership with Chinese electric vehicle manufacturer Zeekr. Currently, Waymo has a small fleet…
Foxconn Commits $138 Million to Establish New Business Headquarters in China
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, announced on Wednesday its plans to invest 1 billion yuan ($137.5 million) to construct a new business…
Nvidia Approves Samsung’s HBM3 Chips for China-Market Processors
Samsung Electronics’ fourth-generation high bandwidth memory (HBM3) chips have been approved by Nvidia for use in its processors for the first time, according to three individuals familiar with the situation.…
Samsung Electronics and Union Talks End in Stalemate
Samsung Electronics and representatives of its largest workers’ union in South Korea, currently on strike, met on Tuesday, but the talks ended without results, according to the union. Ongoing Strike…