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#it (43 Posts)

  • How NVIDIA's Early Bet on AI Paid Off Big Time On June 26, Nvidia CEO Jensen Huang, stated, “Nvidia’s dominance in the AI chip field was due to a decision made over a decade ago.” Speaking at the annual shareholders meeting that day, Huang said, “With billions of dollars in AI investments and a team made up of thousands of engineers, we have become an […]
  • Amazon to Roll Out Cheap Goods to Trump Temu and Shein With fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
  • The AI Bubble: Bursting Soon? Nvidia and Others Lose Ground NVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
  • NVIDIA: A Titan in Tech, Yet Invisible in Brand Rankings According to CNBC on the 23rd (local time), AI chipmaker NVIDIA became the most valuable publicly traded U.S. company for the first time last week, but its brand recognition among the public is not on par. CNBC explained that NVIDIA failed to land on the list of 100 best-known brands released by Interbrand in November […]
  • Intel Announces Major Breakthrough in Processor Performance and Integration On the 20th (local time), Intel announced at the annual VLSI Symposium that it is regaining its process leadership by offering cutting-edge foundry nodes with Intel 3 technology. The Intel Corporation stated, “Intel Foundry is doing its best to enable customers to exert greater capabilities for developing new applications by inheriting Moore’s Law using innovative […]
  • AI Sparks a New Era for Electric Grid, Says Nvidia CEO "The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."
  • How Nvidia Became the Leader of the AI Era On June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]
  • Will AI Lead the Future or Become Humanity's Downfall? Generative artificial intelligence, such as ChatGPT, holds tremendous potential. However, it could exacerbate labor disruptions and inequality if not properly managed. Experts emphasize that governments worldwide must put forth more effort to protect workers. According to the Financial Times, the International Monetary Fund (IMF) issued a report on the 17th warning that AI could also […]
  • Tesla's Future Brightens in China with New FSD Testing Approval Tesla’s stocks saw a rise of over 5% following news that the company received approval to test its Full Self-Driving (FSD) system in Shanghai, China. Tesla’s shares closed at $187.44, a 5.3% increase from the previous trading day on the 17th (local time) at the New York Stock Exchange. The surge is attributed to the […]
  • Nvidia Lawsuit Reaches the Supreme Court The U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
  • Global Tech Regulations: U.S. Stands Firm Against South Korea's Claims The CCIA, a global IT organization representing major tech companies such as Amazon, Meta, and Apple, refuted the claim made by the Korean Fair Trade Commission (KFTC) that “overseas countries are accelerating the enactment of platform regulation laws.” On June 6, Trevor Wagener, the Director of Research and Chief Economist at the CCIA, stated in […]
  • Apple Reigns Supreme: Back at #1 in Market Cap After Latest AI Announcement According to Reuters, Apple has surpassed Microsoft Corporation (MS) to become the most valuable company in market capitalization as the trading closed on June 13. Apple’s market capitalization has exceeded that of Microsoft Corporation (MS), taking the top spot. This comes after Apple’s stock price rose by 8.8% over four trading days following the announcement […]
  • IBM and Japan's AIST Forge Historic Quantum Computing Alliance   The United States and Japan have agreed to develop next-generation quantum computers. According to the Nikkei on the 16th, IBM and the National Institute of Advanced Industrial Science and Technology signed a Memorandum of Understanding (MOU) on quantum research. This marks the first time IBM has collaborated with a research institute outside the U.S. […]
  • Elon Musk Backtracks, Requests Court to Dismiss OpenAI Lawsuit Elon Musk, the CEO of Tesla, has made a surprising move by requesting to dismiss his impending lawsuit against OpenAI.
  • Tesla's Musk Faces Showdown Over $46.9 Billion Stock Option: Shareholders Sound Off A shareholders' meeting is set for the 13th to decide on Elon Musk's stock option payment. While Musk is seeking support via his X...
  • Elon Musk to Spend $10B on Nvidia AI Hardware Tesla CEO Elon Musk is likely to spend between $3 billion and $4 billion on Nvidia artificial intelligence hardware this year. This statement was made in response to a CNBC report claiming that Tesla plans to use the AI hardware for xAI, Musk’s startup. Musk refuted the report and claimed that the investment was reserved […]
  • Get Ready for More Screen: iPhone 16 Pro to Debut with Cutting-Edge Design! The upcoming ‘iPhone 16 Pro’, with the thinnest bezel in the history of the iPhone series, is set to be released this fall. IT media outlet, PhoneArena, cited Weibo user Setuna Digital and reported on the 2nd, “The iPhone 16 Pro is expected to reveal the thinnest bezel among all iPhones to date.” Setuna Digital […]
  • Hot Crypto Trends: Aptos Surpasses Solana in Daily Transactions Overseas cryptocurrency analysis company Finbold has selected Aptos (APT) and Render (RNDR) as crypt ...
  • 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 […]
  • U.S. Slaps $5 Million Bounty on North Korean IT Workers in Corporate Espionage Scandal The U.S. government has put a bounty of up to $5 million on North Korean IT workers who have infiltrated American companies. These North Korean employees worked remotely at over 300 U.S. companies using fake American identities, earning over $6.8 million.  The US Department of State announced on the 16th (local time) that it is […]
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