Canada Tightens Review of Foreign Investment in AI and Quantum Computing [TheGuru=Sungil Hong] The Canadian government is strengthening its review of foreign capital investments. The move is being analyzed as a step in line with the United States' efforts to curb China. According to industry reports on the 31st, the Canadian government has decided to conduct a strict review of foreign investment proposals in sensitive sectors. The Canadian government released a statement to that effect on Sept. 26 (local time). The move is in response to the recent amendments to the Investment Canada Act. The revised Investment Canada Act requires foreign companies that want to acquire companies in sensitive sectors to notify the Canadian government before the deal is finalized. The sensitive sectors identified by the Canadian government include artificial intelligence (AI), quantum computing, and space technology. Under the enhanced measures, the Canadian government can restrict access to foreign investors seeking to acquire companies in these sectors during the review period. Even if the acquisition is finalized, investors may not have access to the acquired company's data and assets. China has been blamed for the Canadian government's tightening of the review process, which had been open to foreign investment. In fact, last year, the Canadian government ordered Chinese investors to divest their stakes in three lithium companies. Industry analysts believe that Canada is following in the footsteps of the United States, which is wary of China's growing influence. The Canadian government has also mentioned the possibility of expanding the scope of the regulation to other sectors in the future, so the scope of the regulation will be closely watched...
U.S. House of Representatives Bans Use of Microsoft's AI CopilotReuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
U.S. Government Agencies Put AI Safeguards in PlaceThe Biden Administration in the United States has instructed federal agencies to establish specific safety measures related to artificial intelligence (AI) by December. According to CNN, the White House Office of Management and Budget (OMB) announced new policy rules on the 28th (local time) containing detailed requirements to prevent citizens from suffering unnecessary harm using […]
Visa Adds New AI Tools to Improve Payment Security [AlphaEconomy=(Chicago) Paul Lee Correspondent] Visa is adding three new AI-powered fraud prevention tools to improve security...
Nvidia Accelerates New Product Releases, Solidifies AI DominanceNvidia, the global AI leader, is expected to strengthen its dominance in the AI market as the launch cycle of its new products is being shortened. Moon Jun Ho, a researcher at Samsung Securities, believes that “The anticipation of Nvidia’s dominance in the AI market is continuously strengthening due to the shortened new product launch […]
Apple's iPhone Shipments to China Drop 33% in FebruaryIn February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Apple in Talks with Baidu for AI Integration: A Shift in Strategy?Apple CEO Tim Cook greeted attendees at the grand opening of the new flagship Apple Store, Jing’an, in Shanghai, China, on the 21st (local time). /Xinhua=Newsis Apple is reportedly considering incorporating Baidu’s AI model Ernie Bot into its devices sold in China, such as the iPhone. According to the Wall Street Journal (WSJ), on the […]
Short-Seller Targets SoundHound AI, Calls It 'NVIDIA's Favorite' in Scathing ReportThe U.S. activist short-seller investor Capybara Research has set its sights on SoundHound AI. This voice recognition AI company has attracted attention with its investment from the American semiconductor company NVIDIA. On the 22nd, Capybara stated in a short-selling report on SoundHound, “This company is a failed company that spreads lies and deceit. They don’t […]
Saudi Arabia Unleashes $40 Billion Blitz in Global AI RaceSaudi Arabia plans to invest approximately $40 billion in the artificial intelligence (AI) industry. Major governments worldwide are racing to increase their investments to gain an edge in AI supremacy. According to the New York Times and other sources, on the 20th, Saudi Arabia plans to establish a $40 billion fund to invest in AI. […]
Jensen Huang Tests Samsung's HBM, Expresses High HopesJensen Huang, CEO of the American semiconductor company NVIDIA, tested Samsung’s HBM (High-Bandwidth Memory) and expressed high expectations at a global media roundtable on the 19th (local time). NVIDIA revealed that they had previously been supplied with HBM from SK Hynix and Micron but are now testing Samsung’s HBM. HBM is a high-performance product essential […]
NVIDIA Unveils Next-Generation AI-Enhanced Humanoid Robots [AlphaEconomy=(Chicago) Kim Jisun Correspondent] Nvidia has unveiled a humanoid robot with AI capabilities. Nvidia announced a hardware and software platform for building human-like robots, including generative AI capabilities...
Microsoft Recruits DeepMind Co-Founder to Head AI DivisionMicrosoft (MS) announced on the 19th (local time) that it has recruited Mustafa Suleyman, co-founder of the artificial intelligence (AI) company DeepMind and also the founder and CEO of another AI startup, Inflation AI, to head its AI business. According to MS’s disclosure, CEO Satya Nadella informed the employees on the same day that “Suleyman […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources SayApple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
More than NVIDIA? This Company's Stock Cap Soared Up 12 Times!SMCI is included in the S&P 500 index this weekEndowed competitiveness with the rapid release of customized serversSMCI-NVIDIA interdependencies also notedSimilar to NVIDIA’s launch and start-up years NVIDIA is dominating as the AI leader and showing an incredible rise in stock prices. However, in a similar sector of Wall Street, the server manufacturer company and a […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 3In addition, the U.S., Australia, China, and Japan are actively pursuing the development of stealth unmanned combat aircraft. However, the reality is that much of the stealth unmanned combat aircraft development in the UK, France, Russia, China, and Japan, excluding the U.S. and Australia, is shrouded in mystery. Even a part of it has not […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 2There are two main reasons why the U.S. is rushing to develop AI unmanned combat aircraft. First, it’s due to cost pressure. As the production cost of existing military aircraft continues to rise, the U.S. Air Force is concerned that it could end up with the smallest and oldest aircraft since 1947. The AI unmanned […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 1According to a recent report by The Wall Street Journal (WSJ), the U.S. Air Force is accelerating its development of artificial intelligence (AI)- based unmanned combat aircraft. The report states that the U.S. Department of Defense plans to select two defense companies by this summer to develop AI-based unmanned combat aircraft, also known as “Collaborative […]
Elon Musk to Open-Source AI Chatbot Grok, Raising Pressure on OpenAIDetails of what will be open-sourced have not yet been disclosed Elon Musk, CEO of Tesla, announced on the 11th (local time) on his social media platform X (formerly Twitter) that he plans to release the source of the AI chatbot Grok this week, according to The Wall Street Journal (WSJ). The article did not […]
Pentagon Initiates Efforts to Develop Domestic Rare Earth Element SupplyThe U.S. Department of Defense is taking steps to establish a supply chain for rare earth permanent magnets to reduce dependence on China and secure its domestic supply network. Laura D. Taylor-Kale, Assistant Secretary of Industrial Policy, stated on the 11th, “We have been working to secure the supply chain for rare earth elements needed […]
What happened between Elon Musk and Sam Altman?The “bromance” between two IT geniuses, who once joined hands to pursue the “best AI,” is now facing a crisis. The conflict between Sam Altman, CEO of OpenAI, and Elon Musk, CEO of Tesla, began with a lawsuit filed by Musk and is intensifying. Altman, the “father” of generative AI “ChatGPT”, sold his first startup […]
Canada Tightens Review of Foreign Investment in AI and Quantum Computing [TheGuru=Sungil Hong] The Canadian government is strengthening its review of foreign capital investments. The move is being analyzed as a step in line with the United States' efforts to curb China. According to industry reports on the 31st, the Canadian government has decided to conduct a strict review of foreign investment proposals in sensitive sectors. The Canadian government released a statement to that effect on Sept. 26 (local time). The move is in response to the recent amendments to the Investment Canada Act. The revised Investment Canada Act requires foreign companies that want to acquire companies in sensitive sectors to notify the Canadian government before the deal is finalized. The sensitive sectors identified by the Canadian government include artificial intelligence (AI), quantum computing, and space technology. Under the enhanced measures, the Canadian government can restrict access to foreign investors seeking to acquire companies in these sectors during the review period. Even if the acquisition is finalized, investors may not have access to the acquired company's data and assets. China has been blamed for the Canadian government's tightening of the review process, which had been open to foreign investment. In fact, last year, the Canadian government ordered Chinese investors to divest their stakes in three lithium companies. Industry analysts believe that Canada is following in the footsteps of the United States, which is wary of China's growing influence. The Canadian government has also mentioned the possibility of expanding the scope of the regulation to other sectors in the future, so the scope of the regulation will be closely watched...
U.S. House of Representatives Bans Use of Microsoft's AI Copilot Reuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
U.S. Government Agencies Put AI Safeguards in Place The Biden Administration in the United States has instructed federal agencies to establish specific safety measures related to artificial intelligence (AI) by December. According to CNN, the White House Office of Management and Budget (OMB) announced new policy rules on the 28th (local time) containing detailed requirements to prevent citizens from suffering unnecessary harm using […]
Visa Adds New AI Tools to Improve Payment Security [AlphaEconomy=(Chicago) Paul Lee Correspondent] Visa is adding three new AI-powered fraud prevention tools to improve security...
Nvidia Accelerates New Product Releases, Solidifies AI Dominance Nvidia, the global AI leader, is expected to strengthen its dominance in the AI market as the launch cycle of its new products is being shortened. Moon Jun Ho, a researcher at Samsung Securities, believes that “The anticipation of Nvidia’s dominance in the AI market is continuously strengthening due to the shortened new product launch […]
Apple's iPhone Shipments to China Drop 33% in February In February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Apple in Talks with Baidu for AI Integration: A Shift in Strategy? Apple CEO Tim Cook greeted attendees at the grand opening of the new flagship Apple Store, Jing’an, in Shanghai, China, on the 21st (local time). /Xinhua=Newsis Apple is reportedly considering incorporating Baidu’s AI model Ernie Bot into its devices sold in China, such as the iPhone. According to the Wall Street Journal (WSJ), on the […]
Short-Seller Targets SoundHound AI, Calls It 'NVIDIA's Favorite' in Scathing Report The U.S. activist short-seller investor Capybara Research has set its sights on SoundHound AI. This voice recognition AI company has attracted attention with its investment from the American semiconductor company NVIDIA. On the 22nd, Capybara stated in a short-selling report on SoundHound, “This company is a failed company that spreads lies and deceit. They don’t […]
Saudi Arabia Unleashes $40 Billion Blitz in Global AI Race Saudi Arabia plans to invest approximately $40 billion in the artificial intelligence (AI) industry. Major governments worldwide are racing to increase their investments to gain an edge in AI supremacy. According to the New York Times and other sources, on the 20th, Saudi Arabia plans to establish a $40 billion fund to invest in AI. […]
Jensen Huang Tests Samsung's HBM, Expresses High Hopes Jensen Huang, CEO of the American semiconductor company NVIDIA, tested Samsung’s HBM (High-Bandwidth Memory) and expressed high expectations at a global media roundtable on the 19th (local time). NVIDIA revealed that they had previously been supplied with HBM from SK Hynix and Micron but are now testing Samsung’s HBM. HBM is a high-performance product essential […]
NVIDIA Unveils Next-Generation AI-Enhanced Humanoid Robots [AlphaEconomy=(Chicago) Kim Jisun Correspondent] Nvidia has unveiled a humanoid robot with AI capabilities. Nvidia announced a hardware and software platform for building human-like robots, including generative AI capabilities...
Microsoft Recruits DeepMind Co-Founder to Head AI Division Microsoft (MS) announced on the 19th (local time) that it has recruited Mustafa Suleyman, co-founder of the artificial intelligence (AI) company DeepMind and also the founder and CEO of another AI startup, Inflation AI, to head its AI business. According to MS’s disclosure, CEO Satya Nadella informed the employees on the same day that “Suleyman […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources Say Apple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
More than NVIDIA? This Company's Stock Cap Soared Up 12 Times! SMCI is included in the S&P 500 index this weekEndowed competitiveness with the rapid release of customized serversSMCI-NVIDIA interdependencies also notedSimilar to NVIDIA’s launch and start-up years NVIDIA is dominating as the AI leader and showing an incredible rise in stock prices. However, in a similar sector of Wall Street, the server manufacturer company and a […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 3 In addition, the U.S., Australia, China, and Japan are actively pursuing the development of stealth unmanned combat aircraft. However, the reality is that much of the stealth unmanned combat aircraft development in the UK, France, Russia, China, and Japan, excluding the U.S. and Australia, is shrouded in mystery. Even a part of it has not […]
Elon Musk to Open-Source AI Chatbot Grok, Raising Pressure on OpenAI Details of what will be open-sourced have not yet been disclosed Elon Musk, CEO of Tesla, announced on the 11th (local time) on his social media platform X (formerly Twitter) that he plans to release the source of the AI chatbot Grok this week, according to The Wall Street Journal (WSJ). The article did not […]
Pentagon Initiates Efforts to Develop Domestic Rare Earth Element Supply The U.S. Department of Defense is taking steps to establish a supply chain for rare earth permanent magnets to reduce dependence on China and secure its domestic supply network. Laura D. Taylor-Kale, Assistant Secretary of Industrial Policy, stated on the 11th, “We have been working to secure the supply chain for rare earth elements needed […]
What happened between Elon Musk and Sam Altman? The “bromance” between two IT geniuses, who once joined hands to pursue the “best AI,” is now facing a crisis. The conflict between Sam Altman, CEO of OpenAI, and Elon Musk, CEO of Tesla, began with a lawsuit filed by Musk and is intensifying. Altman, the “father” of generative AI “ChatGPT”, sold his first startup […]
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