Washington’s New AI Play: Targeted Export Licenses to Thwart China’s Tech Ambitions
The Biden administration is exploring new strategies to regulate the export of advanced artificial intelligence (AI) chips from U.S. companies like Nvidia Corp. and Advanced Micro Devices Inc. (AMD) on a territorial basis, according to multiple sources familiar with the...
Amazon Unveils Advanced Ad Capabilities with AI, DSP Enhancements at UnBoxed Conference
Amazon Ads recently introduced a series of cutting-edge tools and platform updates aimed at streamlining advertising campaigns and enhancing advertiser capabilities. The announcements were made at Amazon’s annual UnBoxed conference, where the retail media giant showcased how...
DOJ Wants to Split Google’s Empire, Cites Monopoly Concerns Over Search
The U.S. Department of Justice (DOJ) is weighing a dramatic move to dismantle parts of Google’s business to address its alleged monopoly in online search. In a court filing on Tuesday, federal prosecutors hinted at seeking a federal judge’s order to force the tech...
Autonomous Dream or Reality? Musk Promises Affordable Cybercab Before 2027
Tesla CEO Elon Musk took the stage once again, unveiling his latest venture into autonomous driving with the Cybercab, a fully self-driving car priced at under $30,000. Musk also teased plans for the Robovan, capable of carrying up to 20 people. The announcement, made at...
Breaking Down the Numbers: 911,000 BTC Now Managed by U.S.-Based Spot ETFs!
As of October 5, these ETFs manage over 911,000 BTC, reflecting a significant surge in institutional interest in Bitcoin, a trend that has analysts buzzing about the future of cryptocurrency investments.Leading the charge is BlackRock, the titan of U.S. ETFs, boasting a...
Fidelity Cuts Elon Musk X Stock by 79%
Fidelity has slashed its valuation of X, the social media platform formerly known as Twitter, by an astounding 79% since Elon Musk’s acquisition. This significant depreciation underscores the platform’s dramatic decline in market perception, now valuing it at just...
Meta’s Ray-Bans: The Smart Glasses That Could Revolutionize How You Shop!
Meta has unveiled a significant update to its Ray-Ban smart glasses, enhancing their functionality to keep track of your daily life. The new features, showcased during the recent Connect conference, aim to make these AI-powered glasses more practical and user-friendly.The New...
OpenAI CEO Sam Altman outlines his vision for a better world through AI
OpenAI CEO Sam Altman has been at the forefront of AI development and discourse for years. Now, in a rare and candid blog post, he’s opened up about his personal vision for the future of artificial intelligence, sharing how he believes it will revolutionize society. According...
India Alleges Samsung, Xiaomi Colluded with Amazon and Flipkart in Antitrust Case
The Competition Commission of India (CCI) has accused major smartphone manufacturers, including Samsung and Xiaomi, of colluding with e-commerce giants Amazon and Flipkart. The accusations revolve around exclusive product launches that allegedly breach antitrust laws,...
China Economic Growth: Alibaba, JD, Meituan See Strong Stock Gains
Alibaba Group Holding Ltd., JD.com Inc., and Meituan have reported their best trading days in years, following the Chinese government’s announcement of a comprehensive economic stimulus package. This move is seen as a lifeline for the beleaguered domestic economy, as...