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Xiaomi Commits $6.9 Billion to Chip Design Over 10 Years

May 19, 2025 04:34 am UTC| Business Technology

Xiaomi (OTC:XIACF), a leading Chinese smartphone and electric vehicle manufacturer, plans to invest over 50 billion yuan (approximately $6.93 billion) into semiconductor chip design by 2031. The strategic initiative,...

Nvidia Eyes Major Quantum Leap with Investment in PsiQuantum

May 19, 2025 04:32 am UTC| Technology Business

Nvidia Corporation (NASDAQ:NVDA) is reportedly in advanced talks to invest in quantum computing startup PsiQuantum, signaling a major strategic move into next-gen computing, according to The Information. The deal would...

Nvidia CEO Jensen Huang to Showcase AI Innovations at Computex 2025

May 19, 2025 02:45 am UTC| Business Technology

Nvidia CEO Jensen Huang is set to headline Computex 2025 in Taipei, with a 90-minute keynote on Monday at 11 a.m. local time (0300 GMT). Known for transforming Nvidia from a gaming graphics card maker into a dominant force...

Microsoft Pushes for AI Agent Collaboration and Memory Enhancement Ahead of Build 2025

May 19, 2025 01:52 am UTC| Technology Business

Microsoft is championing a more connected and intelligent future for artificial intelligence, where AI agents from different companies can seamlessly interact and remember past tasks. Speaking ahead of the annual Microsoft...

xAI Responds to Grok Chatbot Controversy Over South Africa Comments

May 17, 2025 03:52 am UTC| Technology Business

Elon Musks AI company, xAI, has addressed growing concerns after its Grok chatbot referenced a debunked conspiracy theory about a white genocide in South Africa. The company said on Thursday that the incident stemmed from...

Fortnite Blocked on iPhones Amid Ongoing Epic Games and Apple Dispute

May 17, 2025 03:34 am UTC| Technology Business Law

Fortnite, the globally popular video game by Epic Games, is currently unavailable on Apples iPhone devices across the U.S. and European Union. Epic confirmed that the game cannot be accessed via Apples iOS or App Store...

xAI Investigates Grok Incident Involving Unsolicited South Africa Comments

May 16, 2025 07:23 am UTC| Technology Business

Elon Musks AI startup xAI addressed concerns on Friday following a controversial incident where its Grok chatbot made unsolicited remarks about race relations in South Africa. The company attributed the issue to an...

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Economy

U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report

U.S. stock index futures held steady Thursday evening as markets entered a cautious holding pattern before the Good Friday holiday closure, with traders weighing Middle East tensions and positioning ahead of a critical...

Gold Prices Drop as Trump Escalates Iran Threats, Oil Surges

Gold prices retreated Thursday, breaking a multi-day winning streak after President Donald Trump signaled an intensified military campaign against Iran over the coming weeks. The remarks rattled investors who had grown...

U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran

The U.S. dollar strengthened Thursday, drawing support from its safe-haven status after President Donald Trump signaled a significant escalation in military operations against Iran. The U.S. Dollar Index climbed 0.4% to...

Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions

Japans services sector expanded for the 12th consecutive month in March, though growth momentum weakened as escalating Middle East conflict weighed heavily on business sentiment. The SP Global Japan Services PMI dipped to...

Trump Expands Tariffs on Pharmaceuticals and Metals One Year After Liberation Day

One year after his sweeping Liberation Day tariff announcements, President Donald Trump has introduced a new wave of trade measures targeting pharmaceutical imports and restructuring duties on steel, aluminum, and copper....

Politics

U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars

More than 100 international law experts from leading American universities, including Harvard, Yale, Stanford, and the University of California, have signed an open letter warning that U.S. military strikes on Iran may...

UN Confirms Sexual Exploitation Allegations Against Haiti Security Force Members

A United Nations report has confirmed that four allegations of sexual exploitation and abuse committed by members of a UN-backed security force operating in Haiti were substantiated following formal investigations. The...

Zelenskyy Offers Ukraine's Naval Drone Expertise to Secure the Strait of Hormuz

Ukrainian President Volodymyr Zelenskyy has stepped onto the global maritime security stage, offering Ukraines proven naval defense capabilities to countries working to safeguard freedom of navigation through the Strait of...

Russia Unleashes Drone Barrage on Kharkiv, Injuring Child Among Victims

Russian forces launched a sustained drone offensive against Kharkiv, Ukraines second-largest city, throughout Thursday, leaving at least two people injured, including an eight-year-old girl. Local officials confirmed the...

Trump Administration Shakeup: Kash Patel, Daniel Driscoll, and Lori Chavez-DeRemer May Exit Cabinet

Reports surfaced Thursday suggesting that several high-profile figures within the Trump administration could soon be on their way out. According to The Atlantic, citing individuals familiar with internal White House...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...
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