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Shipments to China of Foreign-Branded Smartphones Decline

Shipments to China of smartphones from foreign brands in November fell by 47.4% compared with a year ago, according to data published in the current week by the research company affiliated with the government of the Asian country.

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China Proposes New Export Curbs on EV Technology

China is currently considering restricting exports of technologies used for extracting minerals, which are critical to the growth of the global electric vehicle industry.

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Baidu Founder Predicts Boom in AI Apps in 2025

Robin Li, founder of Baidu, a pioneer in the area of artificial intelligence in China, said that in 2025, the number of apps powered by AI will show exponential growth.

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Microsoft Plans to Invest $80 Billion on AI-Enabled Data Centers

Microsoft plans to invest about $80 billion in the development of data centers for training artificial intelligence models and deployment of AI and cloud-based apps in fiscal 2025.

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OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs

OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.

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Nvidia Sees Biggest Market Gains in 2024 Fueled by AI Demand

A surge in Nvidia’s market cap value is largely attributed to the high demand for the company’s AI-focused chips, which are integral to various innovative applications.

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Apple Agrees to Pay $95 Million to Settle Siri Privacy Lawsuit

Apple has agreed to pay $95 million in cash to settle a proposed class action lawsuit alleging that the technology giant’s voice-activated Siri assistant violated user privacy.

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Silicon Valley Stifles AI Doom Movement

Over the past few years, some experts in the technology area, with varying degrees of anxiety contained in their statements and assumptions, have been warning that advanced artificial intelligence systems could become a threat to humanity, but these are just hypothetical scenarios, the potential implementation of which does not exactly belong to the category of […]

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Alipay Adds AI Image Search

Alipay, the payment app owned by fintech giant Ant Group, has launched a new feature powered by artificial intelligence.

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Alibaba Slashes Prices on Large Language Models

Last Tuesday, December 31, Chinese technology and e-commerce giant Alibaba announced an up 85% price cut for its large language models.

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Nvidia Reportedly Focuses on Robots

The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.

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Google CEO Tells Employees to Gear Up for Big 2025

Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.

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Nvidia Closes Acquisition of Startup Run:ai

Nvidia Corp. closed the deal to acquire the Israeli startup Run:ai, gaining software, which helps owners of intelligence computing gear get the most out of their hardware.

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Ransomware Transforms to Billion-Dollar Industry

Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.

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Foxconn Invests in AI Data Center Firm

Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.

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Meta Expects AI Characters to Generate Content

Meta expects to see artificial intelligence characters that will generate content on social media platforms that are part of its digital ecosystem.

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