Spotify’s Awaited HiFi Feature May Launch This Year with Extra Charges
Spotify is gearing up to launch its much-anticipated HiFi streaming service by the end of 2024, an offering that promises to enhance the audio quality for its users but at…
Newgen Unveils LumYn: The World’s First Gen AI Platform Tailored for Banking Personalization
Newgen Software, a global leader in digital transformation solutions, has unveiled its latest innovation: LumYn. This groundbreaking platform harnesses the power of Generative AI to revolutionize the banking industry by…
BeReal Acquired by Voodoo for €500 Million
Voodoo, a prominent publisher of mobile apps and games based in France, has officially acquired the social media company BeReal for a total of €500 million. This acquisition comes at…
Ant Group invested $2.9 billion in tech research last year.
Ant Group, a leading financial technology company, reported on Thursday an unprecedented investment of 21.19 billion yuan ($2.92 billion) in technology research and development for the year 2023. This investment,…
Crunchbase Expands Diversity Tracking Feature Across Europe to Support Minority Founders
Crunchbase has announced the expansion of its Diversity Spotlight feature to Europe, aimed at enhancing transparency in venture capital funding for minority founders. Initially launched in 2020 and later augmented…
China tops the world in driverless car testing
The bustling streets of Wuhan, a central Chinese city of 11 million residents, have become the epicenter of the world’s most extensive driverless car experiment. With a staggering 4.5 million…
Oracle’s Stock Climbs After Google and OpenAI Deals, Despite Earnings Miss
Oracle Corporation‘s stock surged by as much as 11% in after-hours trading on Tuesday, following the company’s announcement of new cloud partnerships with tech giants Google and OpenAI. This rise…
Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery
For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…
Databricks Enhances Mosaic AI to Empower Enterprises in Leveraging Large Language Models (LLMs)
San Francisco, CA – At Databricks’ annual Data + AI Summit, the company announced significant updates to its AI platform, now rebranded as Mosaic AI. This evolution follows Databricks’ $1.3…
Fisker Initiates First Recall for Ocean SUV Over Warning Light Issues
Fisker has announced its first recall for the all-electric Ocean SUV, triggered by non-compliance with Federal Motor Vehicle Safety Standards concerning the vehicle’s warning lights. The National Highway Traffic Safety…
Rebellions and Sapeon Merge as AI Hardware Competition Intensifies
South Korea’s fabless AI chip industry has experienced significant growth and investment over recent years, driven by the surging demand for AI-powered hardware. This dynamic sector is now witnessing a…
Former SpaceX Engineers File Sexual Harassment Suit Against Elon Musk
Eight former SpaceX engineers have initiated a lawsuit against Elon Musk, alleging that he fostered a hostile work environment through actions that included sexual harassment and retaliatory practices. Filed in…
Waymo Initiates Second Recall After Robotaxi Collision with Telephone Pole
Waymo has issued a voluntary software recall for all 672 of its Jaguar I-Pace robotaxis following an incident where one robotaxi collided with a telephone pole. This marks the second…
Samsung Unveils Initiative to Accelerate AI Chip Delivery
SEOUL/SAN JOSE – Samsung Electronics has announced a major advancement in its contract manufacturing business, aimed at expediting the production of AI chips. The South Korean tech giant revealed plans…
GM’s Cruise Revives Robotaxi Service with Human Drivers in Houston
General Motors’ autonomous vehicle subsidiary, Cruise, is set to restart its operations in Houston, initially with human drivers controlling the vehicles. This decision marks a cautious step forward as the…
Samsung CEO Lee Explores Collaborations with Successful Meta, Amazon, and Qualcomm
Samsung Electronics Chairman Jay Y. Lee is fortifying alliances with American tech behemoths Meta, Amazon, and Qualcomm as the South Korean conglomerate seeks to bolster its competitiveness in the rapidly…
ChatGPT: Guiding Japan’s 89-Year-Old App Developer
TOKYO — At 89, Tomiji Suzuki is not your typical retiree. After a vibrant career at a trading house, Suzuki has embraced the digital age by learning to code and…
New AI Training Benchmarks Highlight Nvidia’s Unmatched Performance
In the rapidly advancing field of artificial intelligence (AI), the ability to efficiently train neural networks is a critical component for driving innovation and progress. Nvidia, the prominent leader in…
ByteDance to Slash 450 Jobs in Indonesia Following TikTok Shop-Tokopedia Merger Deal
ByteDance, the Chinese social media behemoth and parent company of TikTok, is set to cut approximately 450 jobs at its Indonesian e-commerce division. This move represents the first significant round…
Huawei denies interesting offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker
Huawei Technologies, the world’s largest telecommunications equipment vendor, firmly denied any plans to invest in Royole Corp, a former Chinese tech darling known for its pioneering foldable smartphones. This statement…