
Elon Musk’s xAI Scores $6 Billion with NVIDIA and AMD Driving AI Model and Supercomputer Growth
Dec 25, 2024 21:34 pm UTC| Economy Technology
Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI supercomputers, train Grok 3, and support the launch of innovative consumer and enterprise products. xAI...

Dec 25, 2024 06:20 am UTC| Economy Technology
Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate The most noteworthy is...

South Korea Eyes $13.9 Billion KSMC Project to Outpace TSMC and Reinvent Semiconductor Innovation
Dec 25, 2024 05:56 am UTC| Economy Technology
South Korea is developing KSMC with a $13.9 billion investment to challenge TSMC and foster innovation across its semiconductor ecosystem. KSMC Proposal Aims to Strengthen South Koreas Semiconductor Sector Korea...

Microsoft Steps Back from OpenAI Dependency in 365 Copilot with New AI Models Integration Strategy
Dec 25, 2024 05:21 am UTC| Technology Business
Microsoft is reshaping its AI strategy for 365 Copilot by integrating in-house and third-party models, easing its reliance on OpenAI due to cost and speed concerns for enterprise users, according to sources. Microsoft...

US Treasury Reveals EV Charger Tax Credit Details Find Out If Your Property Qualifies Now
Dec 24, 2024 22:43 pm UTC| Economy Technology
The US Treasury has clarified EV charger tax credit rules, offering up to 30% back for eligible properties. Use a new mapping tool to discover if your home or business qualifies for this clean energy incentive. Inflation...

BYD Factory in Brazil Faces Investigation as Chinese Workers Found in 'Slavery-like Conditions'
Dec 23, 2024 23:51 pm UTC| Economy Technology
Brazilian officials discovered 163 Chinese workers in slavery-like conditions at a BYD factory construction site in Bahia. Workers faced withheld passports, long hours, and unsafe environments, sparking an ongoing...

Toyota Targets BYD and Chinese Rivals with Shanghai EV Factory for Lexus Production by 2027
Dec 23, 2024 23:36 pm UTC| Economy Technology Business
Toyota is reportedly planning a new EV factory in Shanghai to independently produce Lexus models, starting in 2027. The move comes as the automaker faces stiff competition from Chinese rivals like BYD in the worlds largest...