Sony shares soar 12% following buyback, dividend plans, and an improved profit outlook.
Tokyo – Shares in Sony Group saw a significant surge of 12% in early Tokyo trading on Wednesday following the company’s announcement of several strategic initiatives aimed at boosting shareholder…
Neuralink’s Wire Troubles Known Before Human Trials Began
Neuralink, Elon Musk’s brain-computer interface company, has faced issues with the retraction of tiny, delicate wires in its devices, a problem known to the company for several years from prior…
Google to Take Action if OpenAI Misused YouTube for AI Development
Alphabet’s CEO Sundar Pichai has openly stated that Google will take necessary actions if it is proven that OpenAI used YouTube content improperly for training its AI models. Google’s Stance…
China’s inaugural sodium-ion battery energy storage station may reduce dependence on lithium.
The launch of China’s first large-scale sodium-ion battery energy storage station could significantly impact the clean energy sector. This new technology is being viewed as a promising alternative to lithium-ion…
OpenAI Co-Founder Ilya Sutskever Announces Departure from the Company
Ilya Sutskever, a co-founder and the chief scientist of OpenAI, has announced his departure from the company to pursue a personally meaningful project. This decision comes during a time of…
China’s Breakthrough Paves the Way for ‘Fault-Tolerant’ Quantum Computing
Leading quantum physicist Pan Jianwei and his team at the University of Science and Technology of China (USTC) have achieved a groundbreaking development in the field of quantum physics. Their…
Nvidia proudly unveils quantum computer centers powered by the new CUDA-Q platform.
Nvidia has announced a significant advancement in its quantum computing initiatives, revealing plans to enhance quantum computing capabilities at national supercomputing centers worldwide using the open-source Nvidia CUDA-Q platform. Supercomputing…
Baidu’s robotaxi division anticipates achieving profitability next year
SHANGHAI — Chinese tech company Baidu announced on Wednesday that its Apollo Go robotaxi division expects to achieve profitability by next year. This optimistic projection aligns with CEO Elon Musk’s…
Google I/O Recap: New AI Updates, Search Features, and More
Google’s annual I/O developer conference, held this Tuesday, marked a significant advancement in its artificial intelligence portfolio, with a series of new products and updates centered on AI technologies. The…
Japan expects a sharp rise in power output by 2050 due to AI and chip plant demands.
The Japanese government has projected a significant increase in electricity demand, anticipating a 35% to 50% rise by 2050. This forecast is driven by the growing energy needs of semiconductor…
GM’s Cruise Resumes Robotaxi Tests in Phoenix with New Safety Measures
Cruise, the autonomous vehicle subsidiary of General Motors, has resumed testing its robotaxis in Phoenix after a significant operational halt in the United States. The company is implementing a “supervised”…
Lumen Technologies Expands Cybersecurity Services in the Asia-Pacific Region
Lumen Technologies Asia Pacific has broadened its cybersecurity service offerings with the latest expansion of its Advanced Managed Detection and Response (Advanced MDR) services. Announced on May 14, 2024, this…
Google teams up with Airtel to deliver cloud and GenAI solutions to Indian businesses.
Airtel, India’s second-largest telecom operator, announced on Monday a strategic long-term partnership with Google Cloud aimed at developing and delivering cloud and generative AI products to Indian enterprises. This collaboration…
Exploring the popularity of adorable compact EVs
Did you know that sales of microcars have surged by 120% in the past year alone? These compact EVs are revolutionizing urban commuting with their eco-friendly features and space-saving designs.…
Apple and Google Unite Against Bluetooth Tracking Misuse
Apple and Google have jointly developed a new standard to alert users about potential unwanted tracking through Bluetooth devices. This collaboration introduces an alert system that will notify iPhone and…
Microsoft and Amazon plan a $5.6 billion investment in France as Macron woos tech giants.
Microsoft and Amazon have announced significant investments in France, reflecting their commitment to expanding their operations and enhancing the country’s digital infrastructure. In a statement released Monday, Microsoft revealed its…
OpenAI Unveils GPT-4o and Desktop ChatGPT
OpenAI unveiled its newest advancements on Monday with the launch of GPT-4o and a desktop version of its widely utilized chatbot, ChatGPT. This development includes an enriched user interface designed…
Huawei introduces a new NAS solution to address GenAI’s most significant data challenges.
In the fast-paced world of generative AI, managing the sheer volume of data and files can seem overwhelming. Addressing this burgeoning issue, Huawei has introduced its high-performance OceanStor A800 network-attached…
Meesho, an Indian social commerce platform, secures a huge $275M with 150M users.
In a significant development in the e-commerce sector, Meesho, a prominent social commerce platform based in Bengaluru, India, has secured a substantial $275 million in a new funding round. This…
China’s top chipmaker SMIC cites intense competition after missing profit targets.
In a critical evaluation of its first-quarter performance, Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chip manufacturer, disclosed a significant shortfall in profits, underlining the intensifying competition within the…