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Tuesday 5 November 2024
OpenAI in regulator talks to become for-profit company
OpenAI is advancing in its bid to transform the non-profit structure of the US$157 billion company into a for-profit business by having preliminary discussions with regulators.
Tuesday 5 November 2024
Meta ups investment in AI and XR despite rising losses, eyes 2025 growth
Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment...
Monday 4 November 2024
Smart mobility raises parking infrastructure concerns
Countries are making significant investments in smart city applications. According to one survey, consumers spend 70% of their time on transportation, making smart traffic management...
Monday 4 November 2024
Tech giants are set to spend US$200 billion this year chasing AI
Three months ago, Wall Street punished the world's largest technology firms for spending enormous amounts to develop artificial intelligence (AI), only to deliver results that failed...
Monday 4 November 2024
Beyond racing: Silverstone now drives high-tech innovation across industries
Located near London, UK, Silverstone—home to the Formula 1 British Grand Prix since 1950—has evolved into much more than a racetrack. The venue now serves as a hub for...
Monday 4 November 2024
Nvidia steps in to restructure Supermicro orders, reshaping AI supply chain
Leading AI server manufacturer Supermicro, previously delisted in 2018 for non-compliance in financial reporting, has once again found itself in turmoil. Reportedly, if it does not...
Monday 4 November 2024
Political undercurrents surge in Silicon Valley with Musk, Gelsinger at tip of iceberg
Silicon Valley's traditional political neutrality is giving way to unprecedented engagement ahead of the presidential election. While this region has maintained its status as a Democratic...
Monday 4 November 2024
Generative AI faces bottlenecks from limited data, rising resource demands, and copper shortages
Generative AI requires ample resources, yet challenges such as limited high-quality data, rising freshwater and electricity consumption in data centers, and a widening copper supply...
Monday 4 November 2024
iPhone 16 shows resilience as market cautiously observes Apple Intelligence's impact
Apple's latest financial report not only exceeded overall analyst expectations but also showcased robust sales performance for the iPhone 16, which has garnered significant attention...
Monday 4 November 2024
Google Cloud soars amid AI demand as antitrust shadows fall over ad business
As the first major US tech giant to report quarterly earnings, Alphabet delivered third-quarter results that outpaced analysts' predictions. Fueled by soaring demand for AI computing...
Monday 4 November 2024
Samsung plans 400+ layer NAND and cutting-edge DRAM for 2026 to reclaim AI memory market
Samsung Electronics is reportedly set to launch high-capacity and high-heat-dissipation Bonding Vertical (BV) NAND Flash with more than 400 layers in 2026. This move aims to enhance...
Monday 4 November 2024
Huawei pushes ahead with AI strategy despite US investment ban
Huawei is forging ahead with its comprehensive artificial intelligence strategy, demonstrating resilience against US restrictions on Chinese AI investments. The tech giant's "All...
Friday 1 November 2024
OpenAI brings search features to ChatGPT in challenge to Google
OpenAI is adding a new set of search features to its flagship product ChatGPT, escalating the artificial intelligence startup's challenge to Alphabet Inc.'s Google.
Friday 1 November 2024
AI boosts optical communication: FICG chairman describes demand as "overwhelming"
FIC Global (FICG) chairman Leo Chien highlighted the soaring demand for optical communication modules driven by AI. To meet growing demand, FICG plans to establish a new plant in...
Friday 1 November 2024
Samsung MX reports 14.5% YoY decline in 3Q24 profits, eyes AI and new mobile phone form factors for future growth
Samsung Electronics (Samsung) has released its financial report for the third quarter of 2024, revealing a 14.5% year-over-year decline in operating profit for its Mobile Experience...