VESSL AI raises $12M to slash GPU costs for machine learning models
South Korean startup VESSL AI has raised $12 million in a Series A funding round, focusing on its machine learning operations (MLOps) platform that promises to reduce GPU expenses by…
DOJ Says Fisker Recall Payment Plan Violates Safety Law
The U.S. Department of Justice has determined that Fisker, the bankrupt electric vehicle (EV) startup, cannot require owners to pay for labor costs associated with recall repairs, according to a…
Huawei introduces HarmonyOS Next to compete with iOS and Android
Huawei Technologies is set to release its new mobile operating system, HarmonyOS Next, on Tuesday, positioning it as a competitor to Apple’s iOS and Google’s Android. This launch is part…
Tesla’s Head of Vehicle Programs Joins Waymo Ahead of Robotaxi Launch
Tesla has lost a key executive to Waymo just days before unveiling its robotaxi. Daniel Ho, Tesla’s former head of vehicle programs and new product integration, has joined Waymo as…
Tesla’s Long-Awaited Robotaxi to be Revealed on Thursday
Tesla is gearing up for its highly anticipated Robotaxi reveal, set to take place Thursday at Warner Bros. Discovery’s movie studio in Burbank, California. This event, titled “We, Robot,” promises…
Samsung apologizes after missing third-quarter profit expectations
Samsung’s Vice Chairman, Jun Young-hyun, the new head of the company’s Device Solutions Division, issued a rare apology on Tuesday following the company’s disappointing third-quarter profit guidance. The apology came…
Judge Orders Google to Open Play Store to Rivals
A U.S. court has ordered Google to open its Play Store to competitors following a permanent injunction issued by Judge James Donato. This decision is part of the ongoing antitrust…
AI Boom Has Room to Grow Says Foxconn Chairman Amid Language Model Evolution
Foxconn CEO and Chairman Young Liu has indicated that the surge in corporate investment in artificial intelligence (AI) infrastructure will continue as large language models (LLMs) advance. In an interview…
Banks and Tech Firms Clash Over Fraud Compensation in the UK
Tensions between banks and tech companies in the UK are escalating over who should bear the financial burden of online fraud compensation. Beginning October 7, UK banks are required to…
Nissan Joins ChargeScape with Major Investment in EV Charging Tech
Nissan Motor announced on Monday that it will invest in ChargeScape, an electric vehicle (EV) battery charging technology company. While the investment amount remains undisclosed, Nissan will acquire a 25%…
Dubai Airports to Build World’s Largest Solar Rooftop
Dubai is taking a significant step forward in its efforts to implement sustainable energy solutions across its economy, particularly in the aviation sector. Dubai Airports has unveiled a new plan…
Samsung denies interest in separating chip manufacturing division
Samsung Electronics has ruled out the possibility of spinning off its contract chip manufacturing, known as its foundry business, as well as its System LSI logic chip design operations, despite…
Saudi Arabia Eyes Further Investment in Nintendo as Shares Reach $5.8 Billion
Saudi Arabia’s Public Investment Fund (PIF) currently holds a significant stake in Nintendo, owning 8.5% of the company’s shares, valued at $5.8 billion. This follows an initial purchase in 2022,…
China Faces EU Tariffs on Electric Vehicles as Trade Dispute Grows
The European Union has initiated a significant economic measure against China by imposing tariffs on electric vehicles (EVs), escalating the risk of retaliatory actions and potential repercussions for domestic businesses…
X’s Return to Brazil Faces Further Delays After Paying Fines to Wrong Bank, Court Says
X’s return to Brazil is facing further delays after the Brazilian Supreme Court revealed that the company paid its fines to the wrong bank. This development, reported by Reuters, follows…
Strong AI Demand Propels Foxconn to Record Third-Quarter Revenue
Foxconn, the world’s largest contract electronics manufacturer, has exceeded market expectations, posting record third-quarter revenue driven by robust demand for artificial intelligence (AI) servers. Revenue surged 20.2% year-on-year to T$1.85…
New Robotic Hand Crawls Like a Spider While Picking Up Items
Researchers at the École Polytechnique Fédérale de Lausanne (EPFL) have unveiled a robotic hand capable of both crawling and picking up objects simultaneously. Designed to detach from its arm and…
AI Chip Market Challenges Threaten Samsung’s Profit Growth
Samsung Electronics is expected to report a substantial recovery in quarterly profit, with projections of over a four-fold increase to 10.33 trillion won ($7.67 billion) for the quarter ending September…
YouTube Shorts Just Got a Little Longer
YouTube is rolling out significant updates to its Shorts platform, extending the maximum video length to three minutes starting on October 15. This change comes in response to user requests,…
Chinese Cyberattack Targets U.S. Broadband Providers and Wiretap Systems
Chinese hackers infiltrated the networks of U.S. broadband providers, accessing systems used by the federal government for court-authorized wiretapping, according to a Wall Street Journal report. The intrusion, targeting networks…