Tech
Japan to allocate $300m to develop optical chips
Japan’s Industry Ministry said on Tuesday it will allocate about 45.2 billion yen ($307 million) in subsidies to an initiative to develop optical technology for
In the past six months, China has approved more than 40 AI models for public use
China has approved more than 40 artificial intelligence (AI) models for public use in the first six months since authorities began the approval process, as
Investors see Microsoft’s stock market share price outperforming Apple
Microsoft’s early leadership in artificial intelligence has the software heavyweight’s market value poised to decisively outperform Apple over the next five years, 13 institutional investors
Italy’s regulator has notified OpenAI of privacy violations in ChatGPT
Italy’s Data Protection Authority said on Monday that it had informed OpenAI that its artificial intelligence application ChatGPT was in breach of data protection rules.
Microsoft’s market value has reached $3 trillion, second only to Apple
Microsoft’s stock market value surpassed the $3 trillion mark for the first time, keeping it the second most valuable company in the world, just behind
Crypto-hackers stole an estimated $1.7bn in 2023
Hackers on cryptocurrency platforms stole about $1.7 billion in 2023, down 54.3% from a year earlier, a Chainanalysis report showed on Wednesday. Cyberattacks have become
Publicis will invest €300m in an AI plan over the next three years
Publicis, the world’s largest advertising group by market value, said on Thursday it will invest 300 million euros ($326.94 million) in artificial intelligence over the
Tesla plans to launch new electric cars in mid-2025
Tesla has told suppliers it wants to start production of a new electric car for the mass market, codenamed Redwood, in mid-2025, according to four
SAP will restructure 8,000 positions to move towards AI
On Tuesday, German software firm SAP SE unveiled a 2 billion euro ($2.2 billion) restructuring programme for 2024 that will affect 8,000 positions as it
eBay will cut 1,000 jobs and reduce contracts
eBay will cut about 1,000 positions or about 9% of its current workforce, the e-commerce retailer said Tuesday. “While we are making progress against our