Nvidia and TSMC Gain Market Value in October Amid AI Chip Demand
Nvidia and TSMC saw significant gains in market value in October, driven by sustained demand for artificial intelligence (AI) chips. Nvidia’s market cap surged 9.3% to $3.26 trillion, propelled by…
Japan Launches World’s First Satellite Made from Wood
The world’s first wooden satellite, LignoSat, developed by Kyoto University and Sumitomo Forestry, launched into space on Tuesday. It marks an early experiment in the use of timber for future…
Chinese Tech Firm DeepRoute.ai Secures $100 Million Investment for Expansion
DeepRoute.ai, a Shenzhen-based autonomous driving tech firm, announced Monday it secured $100 million from a Chinese automaker. The investment aims to accelerate the widespread adoption of its smart driving systems,…
Intel’s AI Chip Ambitions Face Setbacks One Year Later
Intel’s upbeat revenue projections on Thursday masked a significant setback: its AI chips have not lived up to earlier sales expectations. The company, led by CEO Pat Gelsinger, scrapped a…
Foxconn Subsidiary Shunsin Pursues $80 Million Vietnam Investment
Taiwanese electronics giant Foxconn’s subsidiary, Shunsin, is seeking an $80 million investment permit for a new plant in northern Vietnam, according to a document from Vietnam’s environment ministry. The planned…
Vietnam’s Draft Data Law Faces Criticism from U.S. Tech Giants
U.S. tech firms have raised concerns about Vietnam’s proposed law aimed at tightening data protection and restricting data transfers abroad, warning it could hinder the expansion of social media platforms…
Nvidia’s Huang Urged SK Hynix to Expedite HBM4 Chip Supply by Six Months
Nvidia CEO Jensen Huang requested that South Korea’s SK Hynix advance the supply of its next-generation high-bandwidth memory (HBM) chips, HBM4, by six months, according to SK Group Chairman Chey…
India’s Central Bank Clears Jio Payment Solutions for Digital Payment Services
India’s Jio Payment Solutions, a subsidiary of Mukesh Ambani’s Reliance Group firm Jio Financial Services, has received authorization from the country’s central bank to operate as an online payment aggregator.…
Samsung Prepares Dual Galaxy Z Fold7 Launch for 2025
Samsung is reportedly gearing up to launch two versions of its Galaxy Z Fold7 next year, building anticipation among tech enthusiasts and fans of foldable smartphones. According to GalaxyClub, the…
China Prepares to Launch New Crew to Its Orbiting Space Station Wednesday
China is set to launch its next crewed mission to the Tiangong space station early Wednesday, continuing its stride toward becoming a dominant force in space exploration. The three-member crew—two…
ByteDance Founder Zhang Yiming Becomes China’s Wealthiest Individual
ByteDance founder Zhang Yiming has claimed the title of China’s wealthiest individual, with a personal fortune reaching $49.3 billion, according to the annual Hurun China Rich List released Tuesday. At…
AI Surge Puts Europe’s Data Centers and Environmental Goals at Odds
The rise of artificial intelligence is prompting European data center developers to confront environmental challenges, as growing demand for high-powered, energy-intensive facilities pressures the industry to adapt. AI’s increasing reliance…
Indonesia Bans iPhone 16 Sales as Apple Falls Short on Local Investment
Apple’s newest iPhone 16 lineup, the Apple Watch Series 10, and other recently announced devices are now banned from sale in Indonesia after the company failed to meet local investment…
US Finalizes AI and Tech Investment Restrictions in China
The Biden administration announced on Monday that it has finalized rules limiting U.S. investments in specific technology sectors in China, including artificial intelligence, to safeguard national security. Initially proposed in…
Tata Technologies’ Profit Slips Again as Global EV Market Cools
India’s Tata Technologies reported a profit decline for the third consecutive quarter, impacted by a global slowdown in electric vehicle (EV) demand. The engineering and technology services provider, which primarily…
China Claims Discovery of Deep-Sea Spy Devices Guiding Foreign Submarines
China’s Ministry of State Security announced Tuesday that it has retrieved spying devices on both the surface and depths of the ocean, including underwater “lighthouses” allegedly guiding foreign submarines in…
Toyota Teams Up with NTT for $3.3 Billion AI Self-Driving Project
Toyota Motor Corporation and Japan’s Nippon Telegraph and Telephone (NTT) have pledged a combined investment of 500 billion yen ($3.26 billion) for research and development in artificial intelligence software aimed…
Vietnam’s Vingroup Invests Big in AI and Cloud Computing Startups
Vietnam’s Vingroup has announced a US$150 million fund, named VinVentures, aimed at investing in technology start-ups across Southeast Asia, with an initial focus on artificial intelligence, semiconductors, and cloud computing.…
AI Brings Brenda Lee’s Iconic Christmas Song to New Audiences with Spanish Version
Universal Music Group has released a Spanish version of Brenda Lee’s 1958 hit “Rockin’ Around the Christmas Tree” by leveraging SoundLabs’ artificial intelligence technology. Named “Noche Buena y Navidad,” the…
Telegram Pushes Back on Monitoring Chatbots in Star Health Data Leak Case
Telegram, the popular messaging platform, informed an Indian court on Friday that it cannot monitor all hosted accounts to detect leaked customer data from India’s largest health insurer, Star Health.…