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…
The U.S. may impose more limits on China’s AI chip tech access.
In an escalating move to safeguard its technological prowess, the Biden administration is reportedly considering tightening restrictions on China’s access to sophisticated semiconductor technology, a move that could have significant…
Mistral Secures $640M to Compete in Global AI Race
In an ambitious leap forward, Paris-based Mistral AI has announced a substantial $640 million in Series B funding, a mix of equity and debt. This new financial influx elevates the…
GenAI Is Successfully Leveling the Playing Field for Smaller Businesses
GenAI is revolutionizing the business landscape by empowering smaller companies with cutting-edge technology. While larger corporations have long dominated the market, GenAI’s innovative solutions are leveling the playing field, giving…
Amazon’s AWS Expands in Asia-Pacific with New Taiwan Region
Amazon Web Services (AWS), a division of the U.S. tech giant Amazon, is set to establish a new infrastructure region in Taiwan by early 2025. This move is part of…
Linq Secures $6.6 Million in Funding to Enhance Research for Financial Analysts with AI Technology
In the swiftly evolving realm of artificial intelligence (AI), the finance industry stands out as an early adopter, Linq, keen on harnessing the power of generative AI tools for enhanced…
Apple Vision Pro Debuts in China, Japan, and Singapore This Month.
Apple announced on Tuesday a major expansion of its high-end virtual reality headset, the Apple Vision Pro, marking the gadget’s debut in several key Asian markets. Scheduled to launch on…
Advantest of Japan Reports Increased Demand for AI Boosting Memory Tester Operations
Tokyo – Advantest Corporation, a global leader in the semiconductor testing equipment sector, announced significant growth in its memory testing business, spurred by the soaring demand for High Bandwidth Memory…