Advanced Micro Devices (AMD) has joined the elite $1 trillion club. The chipmaker reached the milestone for the first time on Monday, September 21. Investors are betting heavily on AMD’s growing role in artificial intelligence (AI). Its shares jumped 9.6% to $613.31, setting a new record. AMD is now the fourth US chipmaker to cross…
Alibaba unveils its new Zhenwu V900 AI chip and plans bigger Qwen models as it expands its shares and AI business. The Chinese Tech Giant Doubles Down on AI Alibaba is making a bigger bet on artificial intelligence. The Chinese technology giant unveiled a new AI chip and revealed plans for much larger AI models….
Zhang Yiming, the founder of ByteDance, has overtaken Gautam Adani as Asia’s richest person. His fortune has now crossed $105 billion, according to Bloomberg. The surge comes as artificial intelligence drives fresh wealth across the tech industry. Zhang, 43, has built most of his wealth through ByteDance, the company behind TikTok. His fortune has grown…
Apple iPhone Duo sparks a viral meme war over its price, design and foldable features, with Samsung and Duolingo joining the online jokes. Apple’s first foldable iPhone has barely hit the spotlight, but the internet is already having fun with it. The new iPhone Duo has sparked a fresh meme war involving Samsung, Duolingo and…
Apple has finally changed the iPhone design in a major way. The company has unveiled its first foldable iPhone, called the Duo. The launch also comes as John Ternus begins his second week as Apple’s new CEO. The Duo uses a book-style design. When opened, it looks like a small iPad. When closed, it becomes…
Apple is set to unveil new devices at its annual hardware event in Cupertino, California. The biggest attraction could be its long-awaited foldable iPhone. The event will also mark the first major product launch under new CEO John Ternus. Ternus officially replaced Tim Cook on September 1. He joined Apple in 2001 and later became…
An Anthropic researcher has resigned, citing serious concerns about the rapid development of artificial intelligence. Jacob Coxon reportedly left the AI company after three years in the industry. Coxon previously worked at OpenAI before joining Anthropic. He specialises in training AI models using huge amounts of data. In a post on X, he said neither…
About 30 AI robots marched in Warsaw, demanding AI regulation and stronger protection for human jobs. Around 30 AI robots marched through Warsaw, Poland, on Monday. They waved flags and ‘chanted’ slogans about protecting human jobs. The robots gathered outside the Ministry of Digital Affairs. They demanded stronger rules for artificial intelligence and robotisation. Their…
Anthropic has reportedly walked away from a proposed $6 billion deal to acquire Israeli AI startup Decart AI. The Claude maker had shown strong interest in the company. Bloomberg reported the development on Tuesday, citing people familiar with the talks. Anthropic also completed due diligence before ending the acquisition discussions. However, both companies could still…
Nvidia is set to buy popular AI developer platform Hugging Face for about $12.93 billion. The deal marks one of the company’s biggest moves into open AI models. Nvidia will pay about $11.9 billion to Hugging Face investors. It will also offer up to $1 billion in equity-based incentives to employees who join Nvidia. The…
