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Ilya Sutskever Secures $1 Billion in Funding for New AI Venture Safe Superintelligence

Ilya Sutskever, co-founder of OpenAI, has raised $1 billion from prominent investors for his new AI venture, Safe Superintelligence (SSI). Sutskever, who left OpenAI in May 2024, announced the substantial…

Volvo Blames Global Trade Issues for Lowered 2026 Profit Margin Target

Volvo Cars has revised its 2026 profitability targets, citing global trade and tariff complexities. On Thursday, the Swedish automaker, majority-owned by China’s Geely, announced it would lower its operating profit…

Spotify’s Evolving Playlist Daylist Reaches Global Audience

Spotify has launched its evolving playlist feature, daylist, globally. Initially introduced in select English-speaking markets in 2023, daylist personalizes music recommendations based on users’ listening habits, updating throughout the day…

BYD Aims to Overcome Challenges in Japan’s EV Market

BYD, China’s largest electric vehicle (EV) manufacturer, faces challenges in its bid to expand into the Japanese market, despite efforts to boost sales through aggressive marketing and customer incentives. The…

SpaceX Orders Staff to Exit Brazil as Musk Faces Supreme Court Battle

SpaceX has instructed its employees to leave Brazil and avoid travel to the country, following a Brazilian Supreme Court decision to block X, formerly known as Twitter. This move is…

Nvidia Responds to Claims of DOJ Antitrust Subpoena

Nvidia confirmed on Wednesday that it has not received a subpoena from the U.S. Department of Justice (DOJ) over antitrust concerns, despite reports to the contrary. Addressing the matter, a…

New Mexico Sues Snap for Allegedly Fostering Child Exploitation and Sextortion

New Mexico has filed a lawsuit against Snap, accusing the social media giant of enabling and facilitating child sexual exploitation, sextortion, and trafficking through its popular app, Snapchat. The state’s…

Alibaba Expands Payment Options by Adding Tencent’s WeChat Pay

Alibaba has announced that its Taobao and Tmall e-commerce platforms will soon allow users to make payments through Tencent’s WeChat Pay, marking the first time such an option has been…

Durov Says French Authorities Mishandled Telegram Investigation, But Vows to Improve Moderation

Telegram CEO Pavel Durov has criticized French authorities for detaining him, stating they should have contacted his company through established channels instead of holding him personally responsible for illegal activities…

Qualcomm’s Latest AI PC Chip Challenges Intel and AMD in Processor Market

Qualcomm has intensified its efforts to challenge Intel and AMD in the PC processor market with the launch of its latest AI-focused chip. On Wednesday, Qualcomm introduced the Snapdragon X…

Volkswagen Brings ChatGPT Voice Assistant to U.S. Vehicles

Volkswagen is set to introduce its AI-powered ChatGPT voice assistant to vehicles sold in the United States, starting September 6, 2024. This new feature, known as Plus Speech, will initially…

AMD and Intel Join Microsoft’s Copilot+ AI Feature Rollout

Microsoft has announced that its Copilot+ AI features will soon be available on AMD and Intel laptops, with a rollout expected in November via free Windows 11 updates. Initially exclusive…

Intel Faces Possible Removal from Dow Jones as Shares Plunge

Intel’s long-standing presence in the Dow Jones Industrial Average is at risk as its share price continues to decline. The American chipmaker, which became one of the first tech companies…

China Boosts Chipmaking Capacity with Record-Breaking Investments

China is significantly increasing its spending on chipmaking machines, surpassing all other nations, as it invests heavily to bolster its local manufacturing industry amidst US-backed sanctions. A recent report by…

No Screens Before Age Two, Says Swedish Health Authority

Sweden’s health authorities have issued new guidelines advising that children under the age of two should not be exposed to screens at all, while teenagers should limit their screen time…

Sony Shuts Down Concord After Just Two Weeks on the Market

Sony is shutting down its newly launched online shooter, Concord, just two weeks after its release due to low sales and lukewarm player interest. Starting Tuesday, customers who purchased the…

Snap Experiments with Ads in Chat as Stock Price Falls

Snapchat is undergoing significant changes as it tests new features and updates aimed at boosting its platform’s usability and ad revenue. CEO Evan Spiegel announced in a memo published on…

Nvidia Faces Subpoena from U.S. DoJ as Antitrust Concerns Grow

The U.S. Department of Justice (DoJ) has issued a subpoena to Nvidia, intensifying its antitrust investigation into the AI chipmaker, according to Bloomberg News. This move follows earlier inquiries where…

Canva Raises Teams Prices by Over 300 Percent, Citing AI Enhancements

Canva is raising prices for its Teams subscription, with some users facing increases of over 300%, due to the company’s expanded use of generative AI tools. Specific price changes include:…

World’s First Jet-Powered Humanoid Robot Developed in Italy

A jet-powered humanoid robot, named iRonCub3, developed by researchers at the Italian Institute of Technology (IIT), is capturing attention for its ability to fly using four jet engines. This robot,…