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.…
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.…
China Extends Welcome as Apple Strengthens Market Position
China has welcomed Apple Inc.’s intention to expand its presence within the Chinese market, according to Commerce Minister Wang Wentao. In a recent meeting with Apple’s CEO, Tim Cook, Wang…
EU and China Agree to Continue Talks on Electric Vehicle Tariff Alternatives
The European Union and China have agreed to proceed with additional technical discussions in the coming days to explore alternatives to imposing tariffs on China-manufactured electric vehicles (EVs). Both the…
WeRide Gains Momentum in U.S. Market After Successful Nasdaq Launch
Shares of China’s self-driving technology company WeRide surged by 19% in its debut on the Nasdaq on Friday. Following an initial public offering (IPO) and private placement that raised $440.5…
Chinese Hackers Allegedly Access Phones Linked to U.S. Presidential Campaigns
Chinese hackers reportedly targeted phones connected to Kamala Harris’s campaign, a source familiar with the matter revealed on Friday. Hackers accessed Verizon’s network to target devices associated with individuals supporting…
Singapore Airport Cuts Immigration Time to 10 Seconds Using Biometric Scanning
Singapore’s Changi Airport has significantly accelerated its immigration process, allowing travelers to clear in just 10 seconds using advanced facial recognition and iris biometric technology. According to a statement released…
Huawei Cloud sees rapid expansion in South Africa’s growing market
Huawei Cloud has witnessed significant business growth in South Africa over the past five years, with plans to introduce more cloud solutions to increase its market share and drive revenue…
Tether Suggests Boron-Backed Digital Tokens to Turkish Government
Tether, the entity behind the world’s largest stablecoin by market capitalization, has recently approached the Turkish government with a proposal to innovate in the digital asset space by creating tokens…
China Welcomes Tesla and HSBC in New Telecom Service Pilot
Tesla and HSBC are leading the way in a new pilot programme launched by China that allows foreign firms to independently operate data centres and provide telecom services. The programme,…
Nvidia Strengthens AI Presence in India with New Partnerships
Nvidia is entering into a series of strategic partnerships with Indian companies to deploy its AI chips and technology, strengthening its presence in a key growth market. The U.S. chip…
Chinese Companies Quietly Advance Autonomous Vehicle Testing on U.S. Roads
Chinese companies have been testing autonomous vehicles (AVs) in the U.S. for several years as part of their aggressive push to develop advanced driverless car technology. Major Chinese firms such…
Navigating the Crypto Landscape: Japan’s Conservative Stance on ETFs and Regulation
Japan remains cautious about integrating cryptocurrency-based exchange-traded funds (ETFs) into its financial ecosystem, contrasting with the proactive stances of other global economies like the United States and Hong Kong. This…
Bitcoin Struggles to Break $67K Despite Rising Interest from Retail and Institutional Investors
Bitcoin’s price remains stubbornly below the $67,000 mark despite significant interest from both retail and institutional investors. As of October 23, 2024, Bitcoin is trading at $66,432, reflecting a slight…
Allegations of North Korean Involvement Rock Cosmos Ecosystem
In an unsettling revelation, Jacob Gadikian, a developer within the Cosmos ecosystem, disclosed on X that North Korean programmers might have been involved in the development of Cosmos’ Liquid Staking…
SK Hynix Posts Record Gains Thanks to Generative AI Demand
SK Hynix, one of the world’s largest memory chipmakers, reported a record quarterly profit for the third quarter, driven by the surging demand for high bandwidth memory (HBM) used in…
AI voice systems for cars get a boost from Qualcomm and Google partnership
Qualcomm and Google are partnering to help car manufacturers develop AI voice assistants for vehicles using the Android Automotive OS (AAOS). Qualcomm announced that it is collaborating with Google to…
Texas Instruments Profit Beats Expectations as China Automotive Chip Market Rebounds
Texas Instruments (TI) has reported a better-than-expected profit, suggesting a potential rebound in China’s automotive chip market, even as industrial weakness continues to affect the company’s overall performance. The analog…
TSMC Alerts US After Huawei Product Found Containing Its Chip
Taiwan Semiconductor Manufacturing Company (TSMC) has informed the U.S. government that one of its chips was found in a Huawei product, potentially violating U.S. export restrictions on the Chinese company.…