China Requests WTO Panel to Address US Electric Vehicle Subsidies Dispute
China has asked the World Trade Organization (WTO) to form an expert panel to help resolve a dispute over electric vehicle (EV) subsidies under the US Inflation Reduction Act (IRA),…
New EU AI Regulations Increase Operational Costs for Chinese Tech Companies
The European Union (EU) is set to implement the world’s first comprehensive artificial intelligence (AI) regulations on August 1. These new rules are expected to significantly increase compliance and assessment…
Apple’s India Sales Soar 33%, Reaching Record High Amid Shift from China
Apple Inc. has achieved a milestone in India, with its annual sales reaching a record of almost $8 billion. This shows the rapid growth of the Indian market, where the…
Unveiling Environmental Impact : The Hidden Water Footprint of AI
Ever wondered about the true environmental impact of AI? The uneven distribution of AI’s environmental effects is a pressing concern that demands our attention. As this technology continues to evolve…
Vectara Secures $25M Funding to Launch Mockingbird LLM for Enterprise RAG Solutions
Vectara, an early pioneer in Retrieval Augmented Generation (RAG) technology, is making headlines today with the announcement of a $25 million Series A funding round. This latest round brings the…
Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War
Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements despite…
India’s Affinity for Cheap Feature Phones Challenges Smartphone Brands
India, the world’s second-largest smartphone market after China with around 750 million users, is experiencing a slowdown in new smartphone sales. Many consumers find it difficult to afford a brand-new…
ASML Anticipates Surge in Orders Due to AI Chip Demand
ASML, the leading equipment supplier to computer chip makers, is set to report a significant increase in new orders when its new CEO delivers the second-quarter results on Wednesday. As…
WhatsApp now enables businesses to send authentication codes to users in India
WhatsApp has officially enabled businesses to send authentication and login codes through its API to users in India. This new feature, launched on July 1, represents a significant step in…
Nvidia Investors Face a Dilemma: Determining the Right Balance in Their Stock Portfolios
Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year, but the bets stand to magnify risk if the chipmaker’s red-hot shares see a reversal of…
OneStream, supported by KKR, aims for a $4.38 billion valuation in upcoming US IPO
OneStream Software, a company supported by private equity firm KKR, is preparing for a significant move in the stock market. The company aims for a valuation of approximately $4.38 billion…
Beeble AI Raises $4.75M to Launch Virtual Production Platform for Indie Filmmakers
Visual effects (VFX) have become essential in filmmaking, revolutionizing storytelling and creativity in the film industry with their diverse digital techniques. However, the high cost of VFX tools often leaves…
Hedge Funds Eye South Korea for the Next AI Wave
Hedge funds targeting artificial intelligence-related stock market bargains are increasingly turning to South Korea’s chipmakers. They are betting that a new wave of demand for high-end memory chips and substantial…
AI Boom Propels Taiwan’s TSMC to Historic High, Joining Trillion-Dollar Elite
Taiwan Semiconductor Manufacturing Co. (TSMC) reached a historic milestone on Thursday, achieving a record high in its stock value following second-quarter revenue, driven by an escalating demand for AI applications.…
Germany Reaches Agreement to Reduce Huawei’s Role in 5G Wireless Network
The German government and major mobile phone carriers have reached an agreement in principle to phase out components made by Chinese technology companies from the nation’s 5G wireless network over…
Samsung to Unveil Enhanced AI-Driven Bixby Voice Assistant This Year
PARIS — Samsung is set to launch an upgraded version of its voice assistant, Bixby, this year, leveraging its own artificial intelligence models. TM Roh, the head of Samsung’s mobile…
AMD to Acquire Finnish Startup Silo AI for $665 Million to Strengthen Its Position in the AI Race
Advanced Micro Devices (AMD) announced on Wednesday that it will acquire Finnish artificial intelligence startup Silo AI for approximately $665 million in cash. This strategic move aims to enhance AMD’s…
The Samsung Galaxy Book4 Edge is currently discounted, making it a notable option in the laptop market.
Samsung’s Galaxy Book4 Edge is one of the first Copilot+ PCs running on the Snapdragon X Elite processor. This laptop comes with higher specs than many of its rivals. While…
Aitomatic’s SemiKong Leveraging AI to Revolutionize Chipmaking Processes
Aitomatic has announced the launch of SemiKong, heralded as the world’s first open-source AI Large Language Model (LLM) specifically designed for the semiconductor industry. This innovative development was unveiled at…
OPPO Pioneers the Advancement of 5G and Prepares for the Future of 6G Technologies
OPPO is at the forefront of developing the latest 5G-Advanced (5G-A) technologies, setting the stage for the next significant leap in wireless communications. By integrating artificial intelligence (AI) and preparing…