Tech
China’s state planner warns of increased price competition on electric cars
China’s state planner expects the price war between automakers of electric cars and plug-in hybrids to intensify this year due to a supply glut, among
Tesla drops the price of Full Self-Driving software to $8,000
Tesla has slashed the price of its Full Self-Driving driver assistance software to $8,000 from $12,000 in the US, as CEO Elon Musk reaffirms his
Micron to receive $6.1bn in chip manufacturing grants from US
Memory chip maker Micron Technology is set to receive $6.1bn in grants from the US Commerce Department to fund projects to produce domestic chips, US
Meta releases early versions of its Llama 3 AI model
Meta Platforms has released early versions of its latest big language model, Llama 3, and an image generator that updates images in real-time while users
Google cancels minimum wage and benefits rules for vendors and staffing firms
Alphabet’s Google said it will waive requirements for U.S. vendors and staffing firms that pay their employees at least $15 an hour and provide health
Oracle invests more than $8bn in Japan in cloud computing and AI
Oracle said on Wednesday it will invest more than $8bn over the next 10 years to meet demand for cloud computing and artificial intelligence infrastructure
Apple plans to invest $250 million to expand its Singapore campus
Apple plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement
TSMC’s first-quarter profit rose 9 per cent and beat forecasts
Taiwanese chip maker TSMC on Thursday reported a 9 per cent rise in first-quarter net profit, beating market expectations as the company is riding a
Telegram will reach a billion users within a year
Messaging app Telegram, one of the most popular social networks, is likely to hit one billion monthly active users within a year as it spreads
France’s Mistral AI seeks funding at $5bn valuation
French tech startup Mistral AI is in talks with investors to raise several hundred million dollars at a $5 billion valuation, The Information reported Tuesday.