Tech
OpenAI’s annual revenue exceeds $1.6 billion
OpenAI’s annual revenue recently surpassed $1.6 billion thanks to strong growth in its ChatGPT product, up from $1.3 billion as of mid-October, Information reported Saturday,
JD.com wins antitrust lawsuit against Alibaba
Chinese online retailer JD.com said it won a lawsuit against rival Alibaba, which was fined $140.68 million for monopolistic activities. The Beijing Supreme People’s Court
Google settles consumer privacy lawsuit for $5 billion
Google has agreed to settle a lawsuit accusing it of secretly monitoring the internet use of millions of people who thought they were browsing privately.
Xiaomi unveils its first electric car
Chinese smartphone maker Xiaomi unveiled its first electric vehicle and announced that it aims to become one of the world’s top five carmakers. The sedan,
Apple can temporarily sell its smartwatches
Apple can resume sales of its flagship smartwatches for now, after a US appeals court stayed a government commission’s import ban on the devices in
NY Times sues OpenAI and Microsoft for copyright infringement
The New York Times sued OpenAI and Microsoft, accusing them of using millions of the newspaper’s articles without permission to help train chatbots to provide
Anthropic forecasts annual revenue to exceed $850 million by the end of 2024
Artificial intelligence startup Anthropic is projecting that it will generate more than $850 million in annualised revenue by the end of 2024. Three months ago,
Israel has given Intel $3.2 billion for a new $25 billion chip factory
Israel’s government has agreed to give Intel a $3.2 billion grant for a new $25 billion chip factory it plans to build in southern Israel,
Chip maker Nvidia raises $15 million for non-profit organisations
US chip maker Nvidia and its employees have donated $15 million to Israeli and overseas non-profit organisations that support civilians affected by Israel’s war with
Intel to receive $3.2 billion government grant for new $25 billion chip plant in Israel
Israel’s government has agreed to give Intel Corp. a $3.2 billion grant for a new $25 billion chip factory it plans to build in southern