Eric Schmidt Sees Nvidia as the Big Winner in AI Market
Eric Schmidt, former CEO of Google, recently identified Nvidia as a key player in the artificial intelligence (AI) landscape, highlighting the company’s dominant position in the market for AI data…
Huawei Set to Release AI Chip to Rival Nvidia Amid U.S. Sanctions
Huawei is reportedly set to launch a new artificial intelligence chip, the Ascend 910C, in a move that challenges Nvidia’s dominance in the AI chip market, despite ongoing U.S. sanctions.…
Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness
Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim…
Black Forest Labs Powers Elon Musk’s Controversial AI Image Generator
Elon Musk’s AI image-generation feature, Grok, has sparked controversy with its lack of safeguards, allowing users to create and share potentially misleading or explicit images directly on the X platform.…
Foxconn Surpasses Profit Expectations Amid AI Server Boom
Foxconn, the world’s largest contract electronics manufacturer and a key supplier for Apple, reported a stronger-than-expected 6% increase in quarterly net profit, fueled by the surging demand for AI servers.…
Tencent’s Profit Soars 82% as Gaming Division Drives Growth
Tencent, the Chinese tech giant, reported an 82% surge in its quarterly profit, driven by accelerated growth in its key gaming division. The company surpassed both revenue and profit expectations…
Singapore’s Syfe Secures $27M to Accelerate Growth in Key Markets
Singapore-based investment platform Syfe has secured $27 million in a Series C funding round to accelerate its growth across the Asia Pacific region, focusing on expanding its services in Singapore,…
Safari, Chrome, Firefox Vulnerable to New Security Threat
A critical security flaw has been identified in three of the most widely used web browsers—Apple’s Safari, Google’s Chrome, and Mozilla’s Firefox—posing a significant risk of data breaches. The vulnerability,…
Google Introduces AI-Powered Features at Made by Google 2024 Event
Google’s recent Made by Google 2024 event introduced several AI-driven features for its Pixel 9 devices, though some of these innovations might have flown under the radar amidst the numerous…
Apple Wins Confidentiality Battle in India’s Antitrust Case
India’s antitrust authority, the Competition Commission of India (CCI), has taken the rare step of recalling two investigative reports concerning Apple’s alleged breaches of competition law. This move follows a…
Reliance, Disney Seek Faster Merger Approval with Channel Sales in India
Reliance Industries and Walt Disney have reportedly offered to sell a portion of their television channels to expedite antitrust approval for their proposed $8.5 billion merger of media assets in…
Intel Reduces Arm Holdings Investment, Raises $146.7 Million
Intel sold its 1.18 million share stake in British chip designer Arm Holdings during the second quarter, according to a regulatory filing on Tuesday. This sale would have generated approximately…
Voltage Issues Lead to Intel Extending Warranty on 13th and 14th Gen CPUs
Intel has extended the warranty on 24 different 13th and 14th Gen desktop chips, including Core i5, Core i7, and Core i9 models, by two full years after discovering that…
AMD Chooses Not to Update Older Processors for Sinkclose Security Threat
AMD has announced that it will not release patches for several older chip models affected by the recently discovered “Sinkclose” security vulnerability, leaving these processors potentially exposed to cyber threats.…
Pixel 8 Production in India Starts Rolling Out Ahead of Pixel 9 Debut
Google has started shipping its locally manufactured Pixel 8 devices in India, just days before the anticipated launch of the Pixel 9 series. This rollout follows nearly 10 months after…
Antler Secures $72M for Second Southeast Asia Startup Fund
Antler has reinforced its commitment to Southeast Asia with the successful closure of its second regional startup fund, raising $72 million. This fund aims to support early-stage startups in key…
New Milestone for China’s Low-Altitude Economy with Largest Cargo Drone Flight
China successfully conducted a test flight of its largest unmanned cargo aircraft designed for civilian use, signaling its growing commitment to developing a robust low-altitude economy. The twin-engine aircraft, with…
Waymo Robotaxis Cause Late-Night Noise Disruption in San Francisco Neighborhood
Waymo’s robotaxis have become an unexpected source of noise in a San Francisco neighborhood, with a nightly honkfest from their parking lot disturbing nearby residents. Since late July, software engineer…
Samsung Sees Sales Increase as Athletes Use Foldable Phones for Podium Selfies
Samsung’s foldable Galaxy Z Flip6 smartphone has seen a notable increase in sales, attributed to the “victory selfies” taken by athletes on the podium at the Paris Olympics. As a…
Chinese AV Startup WeRide Prepares for Big U.S. Market Debut
WeRide, a Chinese autonomous vehicle (AV) startup, is actively preparing for its debut on the U.S. stock market. The company has filed with the Securities and Exchange Commission (SEC) to…