Samsung Electronics is forecasting an extraordinary third-quarter operating profit of 107.4 trillion won, equivalent to about $80.17 billion, as the global artificial intelligence boom drives unprecedented demand for advanced memory chips. The projected result would represent one of the strongest quarterly performances ever recorded by a technology company and highlights the enormous financial impact that …

David Robinson, a former OpenAI safety leader who was involved in writing safety reports accompanying the company’s product releases, has resigned and publicly raised concerns about the culture surrounding the development of increasingly capable artificial intelligence systems. In an essay explaining his decision, Robinson argued that AI companies need to place greater emphasis on safety …

Taiwan Semiconductor Manufacturing Company is evaluating a potential investment in Texas as the world's largest contract chipmaker considers expanding its semiconductor manufacturing footprint in the United States, according to people familiar with the discussions. The possible Texas project would come on top of the company's rapidly expanding operations in Arizona and could further strengthen TSMC's …

Samsung is being investigated in India for import taxes paid on components for its OLED televisions, while the firm is being questioned if it had paid lower taxes due to less developed OLED display technology. The investigation also has implications for two Indian companies – LG Electronics and is centered on the classification of imported …

As businesses increasingly demand more complex workloads for AI, Apple is trying to disrupt Microsoft from its reign in enterprise computing by marketing its new Mac Mini and Mac Studio machines as a more affordable choice for those AI applications. The company is hoping its custom-designed chips, and a consistent memory architecture and expertise in …

Apple Executive Chairman Tim Cook has described Australia’s approach to social media regulation as “world leading,” according to Australian Prime Minister Anthony Albanese, following a meeting between the two at Apple Park in California. The discussion focused heavily on protecting children online, as Australia continues to expand its efforts to regulate how young people access …

Next week, OpenAI CEO Sam Altman will appear before the United Nations Security Council in a briefing as governments and heads of technology companies are being asked more questions about the swift evolution of artificial intelligence and how a more powerful system might impact on national security. The meeting will be held during the annual …

The corporate reforms agenda in South Korea is coming to an important test this week with the announcement by Samsung Electronics and SK Hynix of their intention to pay back significant cash to shareholders. The two tech giants have been reaping the rewards of the AI craze, improving their books and growing impatient for investors …

Google is set to make a major expansion of its artificial intelligence infrastructure in Finland, committing at least €13 billion, or about $15.1 billion, over the next two years. The investment represents the company’s largest commitment to Europe so far and highlights the growing importance of reliable, low-carbon electricity as technology companies race to build …

China is rapidly exploring how humanoid robots could move beyond demonstrations and become part of future military operations. After humanoid machines competed in running, boxing and dancing events at the World Humanoid Robot Games in China, attention quickly shifted from entertainment to their possible use on the battlefield. The growing interest reflects a wider global …

Perhaps Apple is getting ready to release one of its most weird iPhone launches ever. The company has been on a pretty steady course for many years, introducing its latest iPhone offering at its yearly event in September and launching several models in quick succession. However, this year the iPhone 18 launch could be quite …

Microsoft is changing the way it reports its business performance as artificial intelligence continues to reshape the company’s products, infrastructure and long-term strategy. The technology giant plans to move from its existing three-segment reporting structure to a simpler two-segment model, bringing its operations closer to the way AI is transforming the business. Under the new …

For one of its largest steps away from computer chips, Nvidia has bought Hugging Face for $12.93 billion, bringing the AI tool to the forefront of the booming open AI model business. The agreement represents Nvidia's shift to tackle emerging software and developer needs in the AI field as companies seek robust AI solutions that …

In the UK, Apple is under a £2 billion ($2.7 billion) lawsuit for its app tracking policies with their market power. The case has rekindled the debate around Apple's App Tracking Transparency system, which was introduced in 2021 and has been criticized by regulators and businesses in Europe. The case is being heard at the …