India’s Jio Platforms Secures License to Launch Satellites Competing with Starlink
Orbit Connect India, a collaborative venture between India’s Jio Platforms and Luxembourg-based SES, has received the green light from India’s space oversight agency to operate satellites over the country. This…
Apple Surpasses Microsoft in Market Value After Best Three-Day Rally Since 2020
In a significant reshuffling of the ranks on Wall Street, Apple Inc. has reclaimed its title as the world’s most valuable company, surpassing Microsoft Corp. This achievement underscores a surge…
Adobe Boosts Annual Revenue Forecast Amid Strong Software Demand
San Jose, CA – Adobe Inc., the company behind the iconic Photoshop software, has significantly raised its revenue forecast for fiscal 2024, reflecting the increasing demand for its artificial intelligence-powered…
Newgen Unveils LumYn: The World’s First Gen AI Platform Tailored for Banking Personalization
Newgen Software, a global leader in digital transformation solutions, has unveiled its latest innovation: LumYn. This groundbreaking platform harnesses the power of Generative AI to revolutionize the banking industry by…
Ant Group invested $2.9 billion in tech research last year.
Ant Group, a leading financial technology company, reported on Thursday an unprecedented investment of 21.19 billion yuan ($2.92 billion) in technology research and development for the year 2023. This investment,…
China tops the world in driverless car testing
The bustling streets of Wuhan, a central Chinese city of 11 million residents, have become the epicenter of the world’s most extensive driverless car experiment. With a staggering 4.5 million…
5 Strong Ego Traps Leaders Must Sidestep
As you ascend the ranks in leadership, avoiding pitfalls is crucial. The journey to power can be fraught with ego traps that may hinder your progress. By recognizing and sidestepping…
Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery
For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…
How Amazon Missed Its Chance to Lead AI with Alexa, According to Former Employees
In September 2023, David Limp, then Amazon‘s head of devices and services, captured the audience’s attention with the simple phrase, “Alexa, let’s chat.” This moment at the tech giant’s second…
Databricks Enhances Mosaic AI to Empower Enterprises in Leveraging Large Language Models (LLMs)
San Francisco, CA – At Databricks’ annual Data + AI Summit, the company announced significant updates to its AI platform, now rebranded as Mosaic AI. This evolution follows Databricks’ $1.3…
Rebellions and Sapeon Merge as AI Hardware Competition Intensifies
South Korea’s fabless AI chip industry has experienced significant growth and investment over recent years, driven by the surging demand for AI-powered hardware. This dynamic sector is now witnessing a…
Hong Kong’s new hi-tech star: SmartMore.
In a significant endorsement of Hong Kong’s aspirations to become a leading technological hub, SmartMore, a smart manufacturing start-up founded by a Chinese University of Hong Kong professor in 2019,…
Samsung Unveils Initiative to Accelerate AI Chip Delivery
SEOUL/SAN JOSE – Samsung Electronics has announced a major advancement in its contract manufacturing business, aimed at expediting the production of AI chips. The South Korean tech giant revealed plans…
To Spark Innovation, Cultivate a Culture of Intellectual Courage
Did you know that 84% of executives believe fostering innovation is essential for their company’s growth? Cultivating a culture of intellectual bravery can be the key to unlocking creativity and…
Samsung CEO Lee Explores Collaborations with Successful Meta, Amazon, and Qualcomm
Samsung Electronics Chairman Jay Y. Lee is fortifying alliances with American tech behemoths Meta, Amazon, and Qualcomm as the South Korean conglomerate seeks to bolster its competitiveness in the rapidly…
ChatGPT: Guiding Japan’s 89-Year-Old App Developer
TOKYO — At 89, Tomiji Suzuki is not your typical retiree. After a vibrant career at a trading house, Suzuki has embraced the digital age by learning to code and…
New AI Training Benchmarks Highlight Nvidia’s Unmatched Performance
In the rapidly advancing field of artificial intelligence (AI), the ability to efficiently train neural networks is a critical component for driving innovation and progress. Nvidia, the prominent leader in…
ByteDance to Slash 450 Jobs in Indonesia Following TikTok Shop-Tokopedia Merger Deal
ByteDance, the Chinese social media behemoth and parent company of TikTok, is set to cut approximately 450 jobs at its Indonesian e-commerce division. This move represents the first significant round…
Huawei denies interesting offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker
Huawei Technologies, the world’s largest telecommunications equipment vendor, firmly denied any plans to invest in Royole Corp, a former Chinese tech darling known for its pioneering foldable smartphones. This statement…
Chinese AI social media apps gain traction abroad, lag at home
Chinese artificial intelligence (AI) companies are experiencing a noticeable increase in demand for their social media applications in international markets, contrasting with the more moderate uptake on the mainland. This…