Micron Forecasts Strong First-Quarter Growth Thanks to AI Chip Demand
Micron Technology‘s stock surged by 14% in after-hours trading following an optimistic first-quarter forecast driven by strong demand for memory chips used in artificial intelligence (AI) computing. The company projects…
Spotify AI Playlists Now Available for Premium Users in the US
Spotify is expanding its use of artificial intelligence (AI) in music streaming by rolling out the AI Playlist feature for Premium users in the US, Canada, Ireland, and New Zealand.…
SK Hynix Shares Surge as Latest HBM Chip Production Kicks Off
SK Hynix’s shares surged by more than 9% on Thursday as the South Korean company commenced mass production of its most advanced high-bandwidth memory (HBM) chips, known as HBM3E. These…
LG Display Agrees to $1.5 Billion Sale of Guangzhou LCD Plant
LG Display has agreed to sell its majority stake in a Guangzhou-based LCD plant to TCL’s CSOT division for 10.8 billion yuan ($1.54 billion). The sale covers LG Display’s 80%…
Rivian Starts Fulfilling $10M Grant Promise Made at IPO
Rivian has disclosed its first $10 million in grants through the Rivian Foundation, fulfilling a commitment made three years ago. This follows the company’s pledge to dedicate 1% of its…
Growing AI Demand May Lead to New Semiconductor Crisis
A surge in demand for semiconductors designed to power artificial intelligence systems, alongside AI-enabled smartphones and laptops, could lead to the next global chip shortage, according to a recent report…
DeepX and LG Join Forces to Power AI in Cars and Consumer Electronics
DeepX, a South Korean AI technology firm, has partnered with LG to bring its advanced AI chips to various industries, including mobile devices, cars, and home appliances. The collaboration is…
Figma Relaunches AI Design Tool First Draft After Apple Controversy
Figma has relaunched its AI-powered design tool, now called “First Draft,” after pulling its original version, Make Designs, which faced criticism for closely resembling Apple’s iPhone weather app. The initial…
PS5 Version of Palworld Launches Worldwide, Except in Japan
Palworld, the action-adventure game developed by Pocketpair, has officially launched on PlayStation 5, following a surprise announcement during Sony’s recent State of Play event. However, the game is notably absent…
Intel Boosts AI Performance with New Xeon 6 Processors and Gaudi 3 AI Accelerators
Intel has launched its Xeon 6 processors with performance cores (P-cores) and Gaudi 3 AI accelerators, aiming to enhance artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The new products…
Meta Connect 2024 Recap: Quest 3S AI Updates, AR Glasses and More
Meta Connect 2024, held on Wednesday, September 25, introduced several new products and updates across virtual reality (VR), augmented reality (AR), and artificial intelligence (AI). While there wasn’t a high-end…
TikTok Music to Close Worldwide by the End of November
ByteDance has announced the global shutdown of its music streaming service, TikTok Music, effective November 28, 2024. The service, available in regions including Indonesia, Brazil, Australia, Singapore, and Mexico, will…
New Features Arrive as Xiaomi Watch 2 Series Gets Wear OS 4
Google’s Wear OS 4 is now quietly rolling out to Xiaomi Watch 2 and Watch 2 Pro devices. Though Xiaomi hasn’t officially announced this update, users across regions like the…
OpenAI Plans Shift to For-Profit as CTO Murati Departs
OpenAI is reportedly considering restructuring into a for-profit business, while keeping its non-profit arm separate. The move, disclosed by an anonymous source, aims to simplify the company’s structure for investors…
China ADRs surge as Beijing unveils fresh stimulus measures
U.S.-listed shares of Chinese companies surged on Tuesday following Beijing’s announcement of its largest stimulus package since the pandemic, sparking optimism about renewed economic growth. The People’s Bank of China…
League of Legends Pulled Into SAG-AFTRA Strike Over Voice Actor Rights
SAG-AFTRA has initiated a strike against League of Legends, instructing union voice actors to stop working on the game. The union also filed an unfair labor practice charge with the…
Visa Hit with Antitrust Lawsuit Following DOJ Investigation
The Department of Justice (DOJ) has filed an antitrust lawsuit against Visa, accusing the financial giant of maintaining a monopoly over debit network markets, as reported by Bloomberg. The lawsuit…
India Aims to Bring Digital Payments to Africa and South America
India is engaged in discussions with countries across Africa and South America to help them establish digital payment systems modeled on its Unified Payments Interface (UPI), with expectations of launching…
OpenAI Brings More Voices and a New Look to ChatGPT’s Advanced Voice Mode
OpenAI is expanding its Advanced Voice Mode (AVM) to a broader audience, targeting paying customers in the ChatGPT Plus and Teams tiers. The rollout begins this week, while Enterprise and…
Elon Musk Outlines SpaceX Plan to Send Five Uncrewed Starships to Mars by 2026
SpaceX CEO Elon Musk has announced plans to send approximately five uncrewed Starships to Mars by 2026, with the goal of facilitating human missions to the planet within the next…