Xpeng Affiliate Raises $150 Million to Launch Flying Car
AeroHT, the flying car affiliate of Chinese EV maker Xpeng, has secured $150 million in its latest financing round. The funding aims to accelerate the commercialisation of its $200,000 flying…
NVIDIA’s AI Team in Hot Water Over Unapproved Video Scraping
NVIDIA, a $2.4 trillion company, reportedly engaged in scraping copyrighted content from YouTube, Netflix, and other sources for AI training without permission. According to 404 Media’s Samantha Cole, the company…
China’s Honor Receives Strong State Backing Ahead of IPO
Chinese smartphone maker Honor is receiving significant support from local government backers as it prepares for an initial public offering (IPO). The former Huawei unit is benefiting from research-and-development funding,…
Intel Predicts AI in Enterprise to Take Three to Five Years for Full Integration
Most enterprises are currently implementing “proofs of concept” for generative artificial intelligence (gen AI) in their data centers, yet production applications are scarce. According to Intel, this process will take…
Character.AI Founders Return to Google with DeepMind Integration
Former Google engineers Noam Shazeer and Daniel De Freitas, founders of the AI startup Character.AI, are rejoining Google along with several team members. They will join Google’s AI unit, DeepMind,…
Meta Engages Hollywood Stars for AI Voice Projects
Meta, the tech giant behind platforms like Facebook, Messenger, Instagram, WhatsApp, and Ray-Ban Meta glasses, is reportedly engaging in talks with celebrities including Awkwafina, Judi Dench, and Keegan-Michael Key to…
Google Withdraws Controversial Olympics Ad Featuring AI-Written Fan Letter
Google is withdrawing an Olympics advertisement for its AI-powered chatbot, Gemini, following extensive backlash. The 60-second commercial, titled “Dear Sydney,” is still available on YouTube but has been removed from…
Zuckerberg and Huang Display Friendship at SIGGRAPH 2024
At SIGGRAPH 2024, a fireside chat between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg took unexpected turns. Initially focused on Nvidia GPUs and Zuckerberg’s vision for AI chatbots,…
FTC and Justice Department Sue TikTok for Alleged Child Privacy Violations
The U.S. Federal Trade Commission (FTC) and the Department of Justice (DoJ) have filed a lawsuit against TikTok and its parent company, ByteDance, alleging violations of the Children’s Online Privacy…
Nvidia AI Chip Delay Threatens Major Tech Giants
Nvidia‘s upcoming artificial intelligence (AI) chips could face a delay of three months or more due to design flaws, according to a report by tech-focused publication The Information on Friday.…
Suno Defends AI Model Training on Copyrighted Music as ‘Fair Use’
Suno, a music generation startup, acknowledged in a court filing on Thursday that it trained its AI model using copyrighted songs, asserting that this practice falls under the fair-use doctrine.…
Skype Drops Ads and Adds New AI Features in Latest Update
Microsoft announced that Skype will go ad-free in its latest update, as revealed in a recent blog post. The update eliminates ads from all parts of the platform, including Skype…
Nvidia Thrives, but Not All Chipmakers Benefit from AI Surge
Recent earnings reports reveal that not all semiconductor companies are reaping the benefits of the AI boom, highlighting the complexities of the semiconductor supply chain and the varying dominance of…
23andMe CEO Anne Wojcicki Proposes Buyout to Take Company Private
23andMe CEO Anne Wojcicki has proposed taking the genetic testing company private, as the stock price remains below $1. According to a recent filing with the U.S. Securities and Exchange…
Samsung Gains AI Market Share as SK Hynix Stumbles
Asian chip stock leadership is undergoing a significant shift. South Korean memory maker SK Hynix Inc is seeing its substantial gains for the year wane due to a global rotation…
Nvidia’s AI Chip Dominance Triggers Antitrust Probe Calls
Nvidia is facing calls for an antitrust investigation from Sen. Elizabeth Warren, D-Mass., and several progressive groups over its dominance in the AI chip market. Controlling about 80% of the…
Meta’s Reality Labs Unit Reports $4.5 Billion Loss in Q2
Meta’s Reality Labs unit, which focuses on the company’s metaverse technologies, reported a substantial operating loss of $4.48 billion for the second quarter. The Reality Labs division, which includes products…
Former CNN Anchor Don Lemon Sues Elon Musk and X Over Cancelled Show
Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X Corp, the social media platform formerly known as Twitter, alleging fraud and breach of contract after…
Arm’s Guidance Triggers 7% Decline in Semiconductor Index
U.S. chip stocks experienced their worst day since 2020 on Thursday, with a significant drop triggered by a conservative forecast from Arm Holdings, which dampened investor optimism about artificial intelligence…
Apple Leverages AI for iPhone Upgrades as China Sales Lag
Apple reported better-than-expected third-quarter iPhone sales and forecast further gains, betting on artificial intelligence to attract buyers despite disappointing overall performance in China. Following the announcement, Apple’s shares rose nearly…