Startup Rivos Secures $250 Million in Funding to Develop AI Chips Based on RISC-V Architecture
In a significant move that underscores the growing competition in the AI computing market, chip startup Rivos has announced a successful $250 million funding round. This influx of capital sets…
Microsoft Invested in OpenAI Due to Concerns of Lagging Behind Google in AI
Microsoft’s $1 billion investment in OpenAI in 2019 was primarily driven by concerns that Google had significantly advanced in AI development, according to internal communications revealed in a US Justice…
AMD launches AI processors for corporate laptops and desktops.
Advanced Micro Devices (AMD), a leading semiconductor company, officially announced its latest innovation—a new series of chips specifically designed for artificial intelligence (AI) enabled business laptops and desktops. This move…
Tesla Pulls Back from Next-Gen ‘Gigacasting’ Manufacturing Process
Tesla has recently stepped back from its progressive gigacasting method of manufacturing, which would have allowed for entire vehicle underbodies to be produced in one piece. This change in strategy,…
North Korea is purchasing surveillance cameras from China as part of an effort to strengthen its control.
SEOUL, South Korea — In a significant escalation of surveillance efforts, North Korea is implementing advanced monitoring technologies in schools and workplaces, while also amassing biometric data from its citizens,…
TikTok Expands Advertising Opportunities Amid US Ban Concerns
TikTok is actively enhancing its advertising offerings by introducing new products and expanding partnerships, even as the threat of a U.S. ban looms over the platform. The company is focusing…
Paraform Secures a Big $3.6 Million in Seed Funding to Link Startups with Recruiter Networks
Paraform, a burgeoning recruitment platform specifically designed for startups, is stepping up to transform this crisis into opportunity. The platform strategically taps into the rich pool of displaced recruiters who…
Meta Confirms Bonus Program for Threads Content Creators
Meta has recently confirmed the launch of a limited-time bonus program for creators on its Threads social network, which has achieved the milestone of 150 million monthly users. This initiative…
Terminus Secures $276 Million to Enhance Large Language Model Applications and AIoT Technology
Beijing, China – Terminus Group, a prominent provider of artificial intelligence services based in Beijing, has successfully secured a massive $276 million in its Series D funding round. The investment…
Io.net Takes Swift Action in Response to GPU Metadata Cyberattack
Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…
OCBC broadens the variety of electric vehicles eligible for financing through its eco-care car loans program
SINGAPORE – OCBC Bank is broadening the accessibility of electric vehicles (EVs) through significant enhancements to its Eco-Care Car Loans scheme. As part of its ongoing efforts to support sustainable…
Epic Games Set to Launch Fortnite on iPad as EU Labels iPadOS a Gatekeeper
Following the European Union’s classification of Apple’s iPadOS as a “gatekeeper” under its Digital Markets Act (DMA), Epic Games announced its plans to launch its hit battle royale game, Fortnite,…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Cyberattack on Change Healthcare Could Affect Up to One-Third of Americans, UnitedHealth CEO Predicts
UnitedHealth Group CEO Andrew Witty disclosed on Wednesday in Congressional testimony that the recent cyberattack on Change Healthcare, a subsidiary of UnitedHealth, might have compromised the data of roughly one-third…
Baidu reports that its AI chatbot, ‘Ernie Bot’, has reached 200 million users.
HONG KONG – In a significant development within China’s artificial intelligence sector, Baidu’s Ernie Bot, a chatbot akin to OpenAI’s ChatGPT, has reached a new usage milestone, amassing over 200…
Google Announces Layoffs Across Flutter, Dart, and Python Teams Ahead of I/O Conference
Google has recently announced layoffs affecting several key teams, including those working on Flutter, Dart, Python, and other technologies. This development comes as a precursor to the company’s annual I/O…
OpenAI launches Tokyo center, proudly introduces GPT-4 version tailored for Japanese
OpenAI, a global leader in artificial intelligence technology, has announced the expansion of its international presence with the opening of a new office in Tokyo, Japan. This strategic move not…
OpenAI Forms Strategic Partnership with Financial Times to Enhance AI Model Training
OpenAI, the creator of the widely recognized AI chatbot ChatGPT, has announced a strategic partnership and licensing agreement with the Financial Times (FT), a major news organization based in London.…
Netflix Required to Stop Video Game Services in Vietnam
HANOI, VIETNAM — In a decisive move, the Vietnamese Authority for Broadcasting and Electronic Information (ABEI) has issued a directive to Netflix, ordering the global streaming giant to cease its…
Ford’s BlueCruise Hands-Free System Faces Scrutiny After Tragic Accidents
The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford’s hands-free driver-assistance system, BlueCruise, following its involvement in two fatal crashes. This investigation highlights growing concerns…