Billion-Dollar Bet: xAI Raises $6 Billion to Supercharge AI Innovation xAI, the developer of Grok, a generative artificial intelligence (AI) of X, has secured a Series B investment of $6 billion. While OpenAI and other competitors are accelerating AI development through massive investments, xAI, led by Tesla’s CEO, Elon Musk, is also entering this war. On the 27th (local time), xAI announced through a blog […]
Wall Street Buzz: AI Applications Propel Dell to New Heights Amid the rally of AI-related stocks, Dell Technologies has reached a record high.Shares of Dell Tech ...
Why Delta Airlines Is Less Affected by Boeing's Safety Issues Analysts have pointed out that Delta Air Lines is most flexible regarding aircraft problems and the ...
Tech Cold War: U.S. Cracks Down on Semiconductor Exports to China Reuters Yonhap NewsAmid the U.S. Department of Commerce tightening export controls against China, i ...
China's Love for Pets Fuels Multi-Billion Dollar Industry Despite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ...
Tesla Urges Suppliers to Move Production Beyond China and Taiwan Tesla has told suppliers to start building components and parts outside of China and Taiwan by as ea ...
Elon Musk's Firm Hits New Heights: SpaceX Worth $200 Billion! Bloomberg reported on the 23rd (local time) that the value of SpaceX, the space company led by Tesla CEO Elon Musk, has been valued to be about $200 billion. It was reported that SpaceX plans to sell insider stocks at a price between $108 and $110 per share through a tender offer, meaning the company […]
From Guatemala to Costa Rica: Walmart's Strategic Push into Central America Walmart’s sales growth rate in Guatemala is unrivaled. Walmart’s representative for Central America announced on the 23rd (local time) that they plan to invest around $700 million in Guatemala over the next five years. This announcement comes just days after Walmart revealed plans to invest approximately $600 million in Costa Rica over the next five […]
NVIDIA's AI Chips: Powering the Future of Self-Driving Cars The demand for NVIDIA’s artificial intelligence (AI) semiconductors is rapidly expanding beyond major IT companies to automakers, including Tesla. This can be seen as a move to develop autonomous driving technology. As a result, the competition for AI technology, which has been focused on the cloud sector, is expanding to the autonomous vehicle sector, projecting […]
NVIDIA Ups the Ante with a Daring New Stock Split Strategy NVIDIA, an American semiconductor company, has announced a surprising performance for seven consecut ...
Microsoft Leverages OpenAI in Bold Move to Outpace Google and Apple Once thought to be a sinking ship, losing ground in artificial intelligence (AI) to Google and the s ...
Volvo to Launch Hydrogen-Fueled Trucks by 2029, Aiming for Eco-Friendly Roads Volvo Trucks has been developing trucks with combustion engines that run on hydrogen. On-road tests ...
Heavy Metal Hazard: Children's Accessories Contain Dangerous Levels of Toxins Heavy metals, up to 278 times the standard limit, were detected in children’s accessories sold on Chinese online shopping platforms. On the 23rd, Seoul officials announced that heavy metals (lead, chromium, and nickel) were found in two out of seven children’s accessories, including watches, sold on Shein and AliExpress, following their safety inspections. In a […]
Affordable Luxury? BYD’s Seagull EV Combines High Design with Low Cost China’s BYD plans to launch its $10,000 battery electric car, the Seagull EV, in the European market by 2025. The Seagull EV, priced at $10,000 in the Chinese market, will be equipped with BYD’s 30.08kWh and 38.88kWh LFP Blade batteries. The driving range is 190 miles and 252 miles, respectively, based on the CLTC standard. […]
NYSE Feels the Chill as Fed Considers Tightening the Purse Strings Committee Members Discuss Possibility of Interest Rate Hike The New York Stock Market fell as the minutes of the Federal Open Market Committee (FOMC) regular meeting in May were reportedly more hawkish than expected. On the 22nd (local time), the Dow Jones Industrial Average closed at 39,671.04, down 201.95 points (0.51%) from the previous trading […]
Global Powers Unite in Seoul to Tackle AI Challenges On the 21st, President Yoon Suk Yeol of South Korea presided over the AI Seoul Summit with British Prime Minister Rishi Sunak, reaching an agreement that focused on three primary principles: safety, innovation, and inclusivity. During the summit, which President Yoon led virtually from the Blue House, he stated, “As a responsible member of the […]
Tech Stocks Rally: Nvidia and Microsoft at the Forefront The New York Stock Exchange closed higher on the 21st (local time). The stock market’s rise was driven by anticipation of Nvidia’s earnings announcement, ahead of the release of the minutes from last month’s Federal Open Market Committee (FOMC) meeting of the Federal Reserve (Fed). At the NYSE, the Dow Jones Industrial Average closed at […]
Samsung's AI Steam Mop Redefines Household Chores TechRadar in the U.S.: “Offers more than just a simple mopping experience” UK’s Home & Garden: “Top-notch voice recognition, expanded jointly with SmartThings” Samsung Electronics Bespoke AI Steam robot vacuum cleaner continues to receive rave reviews from overseas tech media. According to the industry on the 22nd, TechRadar said, “Bespoke AI Steam provides more than […]
Awaiting the Upgrade: Amazon’s Big Bet on Nvidia’s Blackwell Chip According to the Financial Times (FT) on the 21st (local time), Amazon has reportedly postponed its existing orders to receive NVIDIA’s latest super chips. The decision was made because the performance of Blackwell is twice as high as the previous model, and the launch date will not be significantly delayed. The FT commented that such […]
Why Google's Choosing Finland for Its AI Expansion Google is planning additional investments in its data center in northern Europe—Finland. On the 20th, ...
Billion-Dollar Bet: xAI Raises $6 Billion to Supercharge AI Innovation xAI, the developer of Grok, a generative artificial intelligence (AI) of X, has secured a Series B investment of $6 billion. While OpenAI and other competitors are accelerating AI development through massive investments, xAI, led by Tesla’s CEO, Elon Musk, is also entering this war. On the 27th (local time), xAI announced through a blog […]
Wall Street Buzz: AI Applications Propel Dell to New Heights Amid the rally of AI-related stocks, Dell Technologies has reached a record high.Shares of Dell Tech ...
Why Delta Airlines Is Less Affected by Boeing's Safety Issues Analysts have pointed out that Delta Air Lines is most flexible regarding aircraft problems and the ...
Tech Cold War: U.S. Cracks Down on Semiconductor Exports to China Reuters Yonhap NewsAmid the U.S. Department of Commerce tightening export controls against China, i ...
China's Love for Pets Fuels Multi-Billion Dollar Industry Despite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ...
Tesla Urges Suppliers to Move Production Beyond China and Taiwan Tesla has told suppliers to start building components and parts outside of China and Taiwan by as ea ...
Elon Musk's Firm Hits New Heights: SpaceX Worth $200 Billion! Bloomberg reported on the 23rd (local time) that the value of SpaceX, the space company led by Tesla CEO Elon Musk, has been valued to be about $200 billion. It was reported that SpaceX plans to sell insider stocks at a price between $108 and $110 per share through a tender offer, meaning the company […]
From Guatemala to Costa Rica: Walmart's Strategic Push into Central America Walmart’s sales growth rate in Guatemala is unrivaled. Walmart’s representative for Central America announced on the 23rd (local time) that they plan to invest around $700 million in Guatemala over the next five years. This announcement comes just days after Walmart revealed plans to invest approximately $600 million in Costa Rica over the next five […]
NVIDIA's AI Chips: Powering the Future of Self-Driving Cars The demand for NVIDIA’s artificial intelligence (AI) semiconductors is rapidly expanding beyond major IT companies to automakers, including Tesla. This can be seen as a move to develop autonomous driving technology. As a result, the competition for AI technology, which has been focused on the cloud sector, is expanding to the autonomous vehicle sector, projecting […]
NVIDIA Ups the Ante with a Daring New Stock Split Strategy NVIDIA, an American semiconductor company, has announced a surprising performance for seven consecut ...
Microsoft Leverages OpenAI in Bold Move to Outpace Google and Apple Once thought to be a sinking ship, losing ground in artificial intelligence (AI) to Google and the s ...
Volvo to Launch Hydrogen-Fueled Trucks by 2029, Aiming for Eco-Friendly Roads Volvo Trucks has been developing trucks with combustion engines that run on hydrogen. On-road tests ...
Heavy Metal Hazard: Children's Accessories Contain Dangerous Levels of Toxins Heavy metals, up to 278 times the standard limit, were detected in children’s accessories sold on Chinese online shopping platforms. On the 23rd, Seoul officials announced that heavy metals (lead, chromium, and nickel) were found in two out of seven children’s accessories, including watches, sold on Shein and AliExpress, following their safety inspections. In a […]
Affordable Luxury? BYD’s Seagull EV Combines High Design with Low Cost China’s BYD plans to launch its $10,000 battery electric car, the Seagull EV, in the European market by 2025. The Seagull EV, priced at $10,000 in the Chinese market, will be equipped with BYD’s 30.08kWh and 38.88kWh LFP Blade batteries. The driving range is 190 miles and 252 miles, respectively, based on the CLTC standard. […]
NYSE Feels the Chill as Fed Considers Tightening the Purse Strings Committee Members Discuss Possibility of Interest Rate Hike The New York Stock Market fell as the minutes of the Federal Open Market Committee (FOMC) regular meeting in May were reportedly more hawkish than expected. On the 22nd (local time), the Dow Jones Industrial Average closed at 39,671.04, down 201.95 points (0.51%) from the previous trading […]
Global Powers Unite in Seoul to Tackle AI Challenges On the 21st, President Yoon Suk Yeol of South Korea presided over the AI Seoul Summit with British Prime Minister Rishi Sunak, reaching an agreement that focused on three primary principles: safety, innovation, and inclusivity. During the summit, which President Yoon led virtually from the Blue House, he stated, “As a responsible member of the […]
Tech Stocks Rally: Nvidia and Microsoft at the Forefront The New York Stock Exchange closed higher on the 21st (local time). The stock market’s rise was driven by anticipation of Nvidia’s earnings announcement, ahead of the release of the minutes from last month’s Federal Open Market Committee (FOMC) meeting of the Federal Reserve (Fed). At the NYSE, the Dow Jones Industrial Average closed at […]
Samsung's AI Steam Mop Redefines Household Chores TechRadar in the U.S.: “Offers more than just a simple mopping experience” UK’s Home & Garden: “Top-notch voice recognition, expanded jointly with SmartThings” Samsung Electronics Bespoke AI Steam robot vacuum cleaner continues to receive rave reviews from overseas tech media. According to the industry on the 22nd, TechRadar said, “Bespoke AI Steam provides more than […]
Awaiting the Upgrade: Amazon’s Big Bet on Nvidia’s Blackwell Chip According to the Financial Times (FT) on the 21st (local time), Amazon has reportedly postponed its existing orders to receive NVIDIA’s latest super chips. The decision was made because the performance of Blackwell is twice as high as the previous model, and the launch date will not be significantly delayed. The FT commented that such […]
Why Google's Choosing Finland for Its AI Expansion Google is planning additional investments in its data center in northern Europe—Finland. On the 20th, ...
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