Foxconn’s Revenue Beats Estimates
Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.
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Google Maps to Show AI-Powered Review Summaries in India
Google is adding new artificial intelligence-powered features to a version of its Maps service designed for users living in India.
Ubisoft Shares Demonstrate Growth
The value of shares of Ubisoft, the maker of video games, on Friday, October 4, showed an increase of more than 30%.
Meta Presents AI Video Generator
Meta Platforms Inc. has presented a new artificial intelligence tool that is designed to generate and edit videos.
Texas Sues TikTok
The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.
OpenAI Secures $4 Billion Credit Line
OpenAI has secured a new revolving credit line worth $4 billion.
Microsoft to Invest $4.8 Billion in Italy
Microsoft last Wednesday, October 2, announced its intention to invest 4.3 billion euros ($4.8 billion) in Italy, which is by far the largest volume of financial injections by a technology giant into this country.
India to Fabricate Its First Chip in Two Years
India will fabricate its first chip in two years.
OpenAI Closes Funding at $157 Billion Valuation
OpenAI has closed its long-awaited funding round at a valuation of $157 billion.
Nvidia and Accenture to Boost Corporate AI Adoption
Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.
Chinese Startup Numemory Claims Memory Chip Breakthrough
The Chinese startup Numemory, which operates in the space of the semiconductor industry, presented the largest-capacity memory chip in its category, which was developed and manufactured in mainland China.
Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases
As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.
SoftBank Reportedly to Invest $500 Million in OpenAI
The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.
Microsoft Reportedly Plans to Relaunch AI-Powered Recall Offering
The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.
Google to Invest $1 Billion in Thailand
Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.
OpenAI Reportedly Sees Roughly $5 Billion Loss This Year
The media reports that OpenAI, one of the largest players in the global technology sector, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, expects losses of about $5 billion in the current year.
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