The radical step undertaken by Hyundai Motor towards humanoid robotics has provided a new twist to their industrial history one which has been marked with innovations, market expectations and mounting anxiety among employees. Although the plans by the automaker have attracted applause among investors as a big move into the future of manufacturing, the workforce …
Another groundbreaking move by Spotify in its artificial intelligence quest is its new feature, Prompted Playlist, which is offered to premium users in the United States and Canada. The upgrade is an indication of a greater change in the way the streaming giant would like individuals to engage with music on its platform. Instead of …
The future financial performance of Intel is being observed with both trepidation and trepidation which is the first in a number of quarters. The recent performance of the company is being scrutinized by investors, analysts and industry observers as significant indications whether the Intel turnaround story is finally transitioning off promise and into reality. The …
The struggle to monitor the most influential artificial intelligence technologies in America has reached the decisive stage with one of the main committees in the United States House voting on a bill that would give Congress much more power in the field of exporting the most advanced AI chips. The core of this, however, is …
The Netflix management is not used to making a case out of defense. Throughout most of its history, the company has set the trends of the streaming business, and not followed them. That became different when the company announced that it was going to acquire some of the key assets of Warner bros in a …
AI is no longer a far-off or experimental technology. It is slowly becoming a part of how societies learn, plan, deal with emergencies, and provide public services. OpenAI is now actively working to speed up this change around the world, not just by coming up with new ideas, but also by getting governments and public …
The most recent action of Europe to strengthen cybersecurity regulations has marked a new phase in the decades-old debate on the dependence on technology, global supply chains, and sovereignty in the digital sector. The center of the conversation is the proposal to slowly eliminate the suppliers with a high-risk label in the most crucial areas, …
The stocks of the U.S. IT hardware were sold off sharply following Morgan Stanley releasing a negative prognosis of the sector pointing out to indications of slowing of corporate demand at a time when economic uncertainty and the increasing costs of technology are putting strains on technology budgets. The threat shot through markets fast, sending …
Once again highlighting its steadfast belief in cryptocurrency, Strategy, the bitcoin-heavy firm run by billionaire Michael Saylor, has spent some $2.13 billion buying bitcoin within eight days. The acquisition is made at a moment when the crypto markets as well as the stock of Strategy itself has been strained, which underscores the degree to which …
Apple is also one of the few companies that investors still seem to know, but when it is explored closely, it still seems to have new layers. During a year of disproportionate markets, congested technology trades, and the growing doubt about valuations, the performance of Apple has not been aided by an aspect of hype, …
The move by Canada to cut its sharp tariffs on Chinese-made electric cars has silently changed the competitive situation, and Tesla seems to be better positioned than usual to capitalize on the change. As the policy change opens the gate to the flood of Chinese producers who would love to expand their business overseas, the …
The Alibaba-backed, artificial intelligence startup Moonshot AI, creator of the popular chatbot Kimi, is a company that is slowly gaining prominence in China as one of the many companies that are under observation in the rapidly developing field of tech in the nation. People with knowledge of the situation say that investors are currently following …
Microsoft is now being dragged into one of the most scrutinized litigation disputes in the global technology sector, with Elon Musk potentially receiving up to $134 billion in damages each to OpenAI and Microsoft due to the claim that the massive value that has been generated by the partnership relies so much on his initial …
In a technology sector that is obsessed with ambitious demonstrations, viral chatbots and promises that capture headlines, Samsung Electronics is intentionally settling on a lower profile approach to artificial intelligence. Simon Sung, the CEO of Samsung Electronics Europe, says that the company is not intrigued by making AI a show. Rather, Samsung is betting on …
