BUSINESS
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AMD's Big Reveal: New AI Processors Set to Outperform Nvidia by 2026 AMD unveiled its latest AI processor at the COMPUTEX 2024 in Taiwan and announced plans to develop AI chips over the next two years. -
SEC Shakes Up Crypto Market with Latest Ethereum ETF Developments The U.S. Securities and Exchange Commission (SEC) has requested Ethereum Exchange Traded Fund (ETF) applicants to submit an amendment to their S-1 registration statement, sparking interest in the launch schedule. According to industry sources on the 1st, the SEC requested Ethereum ETF applicants to submit an amendment to their S-1 registration statement by the 31st […] -
NVIDIA Announces Launch of New AI Chip Rubin by 2026 NVIDIA has announced the launch of a new AI chip platform. On the 2nd (local time), NVIDIA CEO Jensen Huang announced at the Computex Trade Fair held at the National Taiwan University in Taipei that the next-generation AI chip platform Rubin will be launched in 2026. While Huang revealed that the Rubin series of chips […] -
NVIDIA's CEO Unveils Ambitious Plan for AI Chip Development NVIDIA has announced its intention to release Rubin, its next-generation artificial intelligence (AI) graphics processing unit (GPU), in 2026. This comes just three months after the announcement of the Blackwell GPU, marking a swift mention of a next-generation GPU. According to Reuters on the 2nd (local time), NVIDIA CEO Jensen Huang revealed plans to launch […] -
American Airlines Crews May Soon Strike Over Failed Negotiations The American Airlines flight attendant union has called on its workers to prepare for a strike, as negotiations with the airline have... -
Hyundai & Kia Models Sweep Best Cars for Teen for Safety and Reliability Hyundai and Kia have set a record for the most wins at the 2024 Best Cars for Teen, conducted by U.S. News & World Report. -
American by Name, Chinese by Game: Tech Firms Sidestep U.S. Sanctions There is a growing trend of Chinese companies blacklisted by the U.S. government rebranding themselves with English names to pose as American companies. According to the Wall Street Journal (WSJ) on the 29th, Hesai, a Chinese autonomous vehicle LiDAR sensor technology startup designated as a blacklisted company by the U.S. government, has changed its U.S. […] -
AI Data Centers Predicted to Devour 9% of U.S. Power by 2030 Due to the surge in demand brought on by the AI boom, power consumption in data centers is projected to double by 2030. -
U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination Concerns Fiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria. -
How Cathie Wood Let Billions Slip Away with Early NVIDIA Sale Cathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA. -
Pennsylvania Could Supply 40% of U.S. Lithium Demand A research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania. -
How Amazon's AWS is Capitalizing on the AI Trend Analysts predict a favorable stock trend for Amazon.com, Inc. as its AWS sees a revival in its sales growth rate. -
The Bitcoin Boom: How Crypto Could Become the Global Reserve Currency Gabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […] -
Why Can't TikTok Shop Break Into Korea? U.S. Pressures and Local Giants Stand in the Way TikTok filed a trademark for TikTok Shop at the end of last year but has yet to unveil it to consumers. Analysts believe that the launch has been delayed due to the intensifying competition in domestic e-commerce and issues surrounding TikTok’s expulsion from the United States. On the 29th, the IT industry cited the fierce […] -
Nancy Pelosi's Husband Strikes Gold with Nvidia Options Financial service platform Unusual Whales has estimated the investment earnings from NVIDIA of former U.S. House Speaker Nancy Pelosi. It has been reported that she also made considerable profits from investing in other companies like Google. According to Unusual Whales on the 30th, it is estimated that former House Speaker Nancy Pelosi and her husband, […] -
Strike Alert! Canada's Second-Largest Copper Mine Faces Shutdown Canada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ... -
UAE President Pledges $30 Billion Investment in South Korea UAE President Sheikh Mohammed bin Zayed Al Nahyan met with South Korea's business leaders during the ... -
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales Increase iPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ... -
Cathie Wood Bets Big on Elon Musk's Latest AI Venture Cathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ... -
Hot Crypto Trends: Aptos Surpasses Solana in Daily Transactions Overseas cryptocurrency analysis company Finbold has selected Aptos (APT) and Render (RNDR) as crypt ...
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