Zhipu AI Unveils New Video Model, Joining Chinese Tech Giants in Challenging OpenAI’s Sora
Chinese AI start-up Zhipu introduced its latest video generation model, Ying, on Friday, marking a significant step in the growing competition among local tech firms in the AI video space.…
Major Tech Firms Showcase Innovative AI Tools for Game Developers at ChinaJoy Expo 2024
At ChinaJoy, Shanghai’s premier annual digital entertainment expo, tech giants like Tencent, Microsoft, and Amazon showcased their latest artificial intelligence (AI) tools to Chinese video game developers. These advancements aim…
AI and Tech Innovations Revolutionize Paris 2024: A Game-Changer in Sports
With applications ranging from athlete safeguarding to enhanced broadcast experiences and efficient energy management, artificial intelligence (AI) and technology innovations are set to transform some aspects of the Olympic Games…
UK’s Zapp EV Sets Sights on Global Expansion, Kicks Off in India
Zapp Electric Vehicles, a London-based electric two-wheeler manufacturer, is gearing up to expand its brand globally, with India as one of its key markets. The company plans to launch its…
Broadcasters Take Varied Paths on Innovative AI Integration for Paris Olympics 2024
The Paris Olympics will highlight the use of generative AI for American viewers, while European audiences won’t see a similar technological integration. This difference showcases how global media companies are…
Apple Ousted from Top 5 in China as Local Smartphone Brands Take Over
Apple has been edged out of the top five smartphone vendors in China during the second quarter, according to a report by Canalys. The tech giant’s market share shrank to…
Samsung Teases Innovative AI-Enhanced Upgrades for New Foldable Phones
In a stylish Parisian hotel, Samsung Electronics‘ mobile chief TM Roh showcased the company’s latest products, including foldable smartphones and the new Galaxy Ring, highlighting Samsung’s strategy to lock customers…
Digital Domain Invests $26M in Hong Kong R&D Center for VFX and AI Video
Digital Domain Holdings, known for its Oscar-winning visual effects in Marvel Studios’ blockbuster films, is establishing a new research and development (R&D) centre at Hong Kong Science Park in Sha…
Qoo10’s Korean Branches Under Investigation for Delayed Merchant Payments
The e-commerce market in South Korea, one of the largest globally, faces new challenges as two major platforms, Ticket Monster (TMON) and WeMakePrice, come under scrutiny. The Fair Trade Commission…
SMC’s AI Cloud Services Set for Global Expansion, CEO Announces
Singapore-based AI cloud provider Sustainable Metal Cloud (SMC) is preparing for a global expansion, driven by increasing demand for its energy-efficient technology. This move was confirmed by the company’s CEO,…
Amazon’s Bold Move: Developing AI Chips to Outpace Nvidia in Cost and Speed
Inside Amazon.com‘s chip lab in Austin, Texas, a team of engineers was busy testing a new server design on a Friday afternoon. This server, loaded with Amazon’s own artificial intelligence…
Jio Joins Forces with MediaTek to Revolutionize the Two-Wheeler EV Market
India’s conglomerate Jio has partnered with Taiwanese semiconductor leader MediaTek to enhance the growing electric scooter market with advanced digital dashboards. Announced at an industry event in New Delhi on…
Toyota Announces Plans for New EV Battery Plant to Power Future Lexus Models, Reports Nikkei
Japan’s Toyota Motor Corporation is planning to build a new battery plant for electric vehicles (EVs) in Fukuoka, located in the southwestern region of Japan. The Nikkei business daily reported…
SK Hynix Announces $6.8 Billion Chip Plant in South Korea, Boosting Nvidia Supply Chain
Memory chip giant SK Hynix announced on Friday plans to invest 9.4 trillion Korean won ($6.8 billion) in constructing a new semiconductor manufacturing plant. The new facility, known as a…
IBM Boosted by Growing Demand for Software and AI Despite Decline in Consulting
IBM has exceeded analysts’ expectations for its second-quarter revenue and increased its annual growth forecast for its software division, benefiting from a surge in AI-related spending by clients eager to…
UK School Under Fire for Unlawful Facial-Recognition Use
An English school has faced criticism from the U.K.’s data protection regulator for using facial recognition technology without obtaining explicit consent from students. The incident highlights ongoing concerns about privacy,…
OneStream Skyrockets in Market Debut, Boosted by KKR Backing
Shares of financial software maker OneStream, backed by private equity firm KKR, rose nearly 30% in their Nasdaq debut on Wednesday, giving the company a valuation close to $6 billion.…
Taiwanese Rocket Startup Poised to Test Japan’s Ambitious Space Hub Vision
A Taiwanese startup, TiSpace, is set to become the first foreign company to launch a rocket from Japan by early next year. This initiative is part of a broader strategy…
SK Hynix Achieves Record Quarterly Profit in 6 Years, Driven by AI Chip Dominance
SK Hynix, a leading global memory chipmaker, announced that its second-quarter profits have reached the highest level in six years, thanks to its strong position in the advanced memory chip…
Chinese AI Video Model Allegedly Censors Politically Sensitive Content
A new video-generating AI model named Kling, developed by Beijing-based Kuaishou, is now widely accessible. However, it appears to censor politically sensitive topics linked to its country of origin, China.…