Cohere Secures $500M Funding to Challenge Leading Generative AI Competitors
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million from investors including Cisco, AMD, and Fujitsu. The new funding round also saw participation from Canadian pension…
SoftBank CEO Unveils Revolutionary Vision for Self-Driving Cars
Masayoshi Son, the visionary leader of SoftBank, is setting his sights on a new frontier: self-driving cars. Known for his bold investments and transformative ideas, Son is now working on…
Seoul Court Issues Arrest Warrant for Kakao Founder
A Seoul court has issued an arrest warrant for Brian Kim, the founder of South Korean internet giant Kakao, on allegations of stock price manipulation related to the company’s takeover…
Hong Kong Innovator John Fan Set to Transform AI Smart Glasses Industry
John Fan Chin-Chiang, a notable figure in the development of mini displays for the US military, is now shifting his focus to smart glasses. His Hong Kong-based company, Solos Technology,…
Chinese Team Leverages Quantum Technology to Track Electrons in Superconductors
A team of Chinese researchers has developed a quantum computer capable of simulating the movement of electrons in solid-state materials. This achievement could pave the way for applications that surpass…
Intel Addresses Critical Instability Issues Amid Growing Concerns
Intel has finally provided an update on the instability issues affecting its 13th-gen and 14th-gen CPUs. An update posted by Thomas Hannaford, Intel’s communications manager, attributes the instability to an…
Philippines Begins Phasing Out Offshore Gaming Hubs
The Philippines’ gaming regulator, the Philippine Amusement and Gaming Corp (PAGCOR), announced on Tuesday that it will cancel the licenses of offshore gambling firms. This move is in response to…
Japanese Supermarkets Use AI to Boost Staff Smiles and Speech Tones
Japanese supermarket chain AEON has introduced an artificial intelligence (AI) system to evaluate and standardize employees’ smiles, reigniting discussions about workplace harassment. On July 1, AEON announced it had become…
Next Year’s iPhones to Miss Out on TSMC’s Advanced 2nm Chips
A well-known leaker, known as 手机晶片达人 or “mobile phone chip expert,” has dismissed claims that next year’s iPhones will feature 2nm chips from TSMC. In a post on Weibo, the…
Nvidia Gears Up to Launch Cutting-Edge AI Chip Tailored for China Market
Nvidia is working on a version of its new flagship AI chips for the China market that complies with current U.S. export controls, according to three sources familiar with the…
Malaysia Celebrates Its Second Unicorn: Biotech Giant ALPS Global Holdings Bhd Sets Sights on NASDAQ
Malaysia has marked an achievement as ALPS Global Holding Bhd (ALPS) reaches unicorn status, according to Minister of Science, Technology, and Innovation Chang Lih Kang. This makes ALPS the country’s…
China Trade Fears Trigger $500 Billion Loss in Chip Stocks
The semiconductor industry faced a significant setback on Wednesday, losing over $500 billion in stock market value. This marks the worst session for the sector since 2020, triggered by reports…
Illicit Chip Flows to Russia Decline, But China and Hong Kong Persist as Key Transshipment Hubs
Semiconductors and other restricted goods shipped through China and Hong Kong to support Russia’s war efforts have decreased by a fifth this year, according to previously undisclosed U.S. Commerce Department…
Byju’s Founder Confronts Crisis Amid Ed-Tech Giant’s Collapse
Byju Raveendran, an Indian mathematics whiz who rose from teacher to startup billionaire, is now facing his toughest challenge yet. His education technology company, Byju‘s, has seen its valuation plummet…
Microsoft’s AI-Powered Designer App Now Available on iOS and Android
Microsoft announced on Wednesday that its AI-powered Designer app is officially out of preview and available to all users on iOS and Android. The app, similar to Canva, allows users…
TTT Models Poised to Revolutionize Generative AI Landscape
After years of dominance by transformers, the AI community is actively searching for new architectures to overcome their limitations. Transformers are central to models like OpenAI’s Sora, Anthropic’s Claude, Google’s…
UK Government Sets Sights on Regulating Advanced AI Models
Britain’s newly elected Labour government announced plans to explore effective regulation of artificial intelligence models. However, they stopped short of proposing specific laws. In a speech on Wednesday, King Charles…
Over 40% of Japanese Companies Lack AI Implementation Plans
A recent Reuters survey conducted by Nikkei Research has revealed that nearly 25% of Japanese companies have integrated artificial intelligence (AI) into their operations. However, over 40% of businesses have…
Samsung Set to Acquire UK-Based AI Startup Oxford Semantic in Strategic Move
Samsung Electronics announced today that it has signed an agreement to acquire Oxford Semantic Technologies, a UK-based startup specializing in knowledge graph technology. Established Founders Specialization Key Technology Clients 2017…
Intel’s Investments in China Possibly Caused New US Restrictions
According to a recent report by the Financial Times, Intel Capital is one of the most active foreign investors in China’s artificial intelligence and silicon startups. Currently, Intel Capital owns…