Elon Musk Transfer SpaceX’s Legal Home From Delaware to Texas
Elon Musk has made a decisive move by relocating the legal domicile of his space exploration company, SpaceX, from Delaware to Texas. This strategic relocation is part of a broader…
Masayoshi Son’s Ambitious $100 Billion AI Chip Venture
Masayoshi Son, the founder of SoftBank Group Corp, is reportedly in talks to raise as much as US$100 billion for a groundbreaking chip venture codenamed Izanagi. This venture is poised…
Reddit Content Licensing Deal Revealed to Train AI Models
According to a Bloomberg report, Reddit has inked a groundbreaking deal, valued at a staggering $60 million annually, to license its vast ocean of user-generated content to an unnamed titan…
Intel Nearing Major Chips Act Incentives
According to sources familiar with the matter, Intel Corp is in advanced negotiations to receive subsidies under the 2022 Chips and Science Act. If finalized, this award would mark the…
Malaysian pension fund injects a huge $21 million into burgeoning local startup ecosystem
Empowering Local Innovation Through Strategic Investments Introduction Kumpulan Wang Persaraan (KWAP), the statutory body responsible for managing Malaysia’s public employee pension scheme, has embarked on a bold initiative to invigorate…
Singapore has unveiled significant investment in AI technology.
Investment of S$1 billion over Five Years Marks Bold Move Singapore, renowned for its forward-thinking approach and innovation-driven policies, has taken a monumental stride towards solidifying its position as a…
Nvidia’s Upcoming Earnings: A Crucial Moment for AI Enthusiasm and Market Dynamics
As the artificial intelligence (AI) sector continues to captivate the market, Nvidia stands at the forefront, with its shares soaring by an impressive 46% since the beginning of the year.…
Economic expansion aligns with the growth trajectory of fellow ASEAN countries
KUALA LUMPUR – The Department of Statistics Malaysia (DoSM) reported that Malaysia’s gross domestic product (GDP) growth for the year 2023 mirrors the moderate growth trend observed in other ASEAN…
BBK Group from China collaborates with Indian companies for better smartphone manufacturing.
February 19, 2024 In a strategic move indicative of shifting dynamics in the global smartphone market, BBK Group, China’s leading mobile phone manufacturer, has initiated collaboration with Indian manufacturers Dixon…
China’s domestically produced C919 passenger aircraft makes its official international debut in Singapore.
Singapore – February 19, 2024 In a significant milestone for China’s aerospace industry, the Commercial Aircraft Corporation of China (COMAC) has showcased its narrow-body C919 passenger jet outside Chinese borders…
San Francisco Mob Strikes Driverless Car
In San Francisco’s Chinatown, an autonomous vehicle (AV), part of Alphabet subsidiary Waymo’s fleet, became the target of a mob’s fury, suffering vandalism and ultimately being set on fire. This…
Market Veteran Warns: Emotional Trading Could Lead to Over 30% Stock Market Decline Amid Potential Recession
Paul Dietrich, Chief Investment Strategist at B. Riley Wealth Management, has cast a wary eye on the current stock market euphoria. According to Dietrich, the market’s recent rallies, epitomized by…
Airbus Announces Special Dividend Amid New Space Sector Charge
In a move that underscores the complex dynamics of the aerospace industry, Airbus, the titan of European aviation, has announced a strategic decision to issue a special dividend, marking a…
GitHub’s Chief Security Officer Highlights the Role of AI in Development, Urges Strong Security Basics
GitHub, a leading software development platform owned by Microsoft, has become a pivotal figure in integrating artificial intelligence (AI) to bolster code safety. However, amidst the technological advancements, GitHub’s Chief…
Google, Microsoft, and OpenAI’s Bold Pledges to Combat AI Threats
Twenty of the world’s leading technology firms have united under a common cause. At the heart of their mission is a commitment to counteract the potential for AI-generated content to…
OpenAI’s Sora Transforms Text into Hyper-Realistic Videos
OpenAI, a pioneer in the field of artificial intelligence, recently announced an exhilarating breakthrough with the introduction of Sora, its latest AI model capable of generating high-fidelity videos from textual…
Wall Street Sees Potential in Chinese Semiconductor Firms for Long-Term Gains
While the majority of Wall Street steers clear of Chinese equities amidst escalating geopolitical tensions and economic uncertainties, a segment of analysts is guiding their clients towards the burgeoning sector…
Microsoft’s €3.2 Billion Investment in Germany Marks a Significant Bet on AI Development
On February 15, Microsoft announced a landmark investment of €3.2 billion in Germany, signaling the US software titan’s largest financial commitment to the country in four decades. This investment, primarily…
Slack Transform Workplace Communication with AI
Slack, owned by Salesforce, is at the forefront of transforming workplace communication through the integration of artificial intelligence (AI). In an era of rapid technological advancement, AI has become pivotal…
Wall Street Climbs on Hopes for Federal Reserve Rate Cuts Following Retail Sales Drop
US stock markets finished the trading session with gains, buoyed by the unexpected drop in retail sales. This downturn in consumer spending sparked optimism among investors that the Federal Reserve…