Elon Musk's xAI Seeks $4 Billion to Rival OpenAI, Values Company at $18 BillionDistributes investment documents, competing with OpenAIValues xAI at $18 billion According to a Bloomberg report on the 12th (local time), Tesla CEO Elon Musk is seeking to raise $4 billion for his AI startup, xAI, to compete with OpenAI, the developer of ChatGPT. According to the report, citing documents Musk sent to investors, xAI plans […]
How U.S. Spy Satellites Predicted Russian Invasion - Part 4The first satellite launched last year passes over the Korean Peninsula twice a day while orbiting a sun-synchronous orbit that constantly maintains the same angle with the sun. During the day, it takes photos using visible light; at night, it uses infrared sensors. This is an electro-optical/infrared (EO/IR) satellite. The EO equipment of the first […]
How U.S. Spy Satellites Predicted Russian Invasion - Part 2U.S. Spy Satellite Keyhole Identifies Objects as Small as 5cm In reality, the KH-12, managed by the U.S. Air Force Space Command, is known to descend from about 372 miles to about 124-186 miles to photograph the target area and then return to its original position. Through this, they use a top-of-the-line optical camera with […]
How U.S. Spy Satellites Predicted Russian Invasion - Part 1The U.S. possesses the world’s most powerful spy satelliteKeyhole means peeking through a keyholeKH-13·KH-14 can identify 5cm objects About $1 billion per unit 1998 film Enemy of the State, watchers might remember scenes of individuals being observed and tracked in real-time from satellites. While it was just a scene in a movie and technically considered […]
China's EHang Receives First-ever Approval for Drone Taxi ProductionWorld’s first production certification for EHangMP commercialization will accelerateA $260 bn low-altitude economy is expected by 2026 EHang, a leading Chinese Urban Air Mobility (UAM) company, is on the verge of a groundbreaking leap into commercialization with the approval for mass production of its revolutionary drone taxi, marking a historic global milestone. According to China’s […]
South Korea Boosts Surveillance with New SatelliteIndependent information surveillance reconnaissance capability was strengthened through the military’s first SAR South Korean forces’ second military spy satellite, launched from the Kennedy Space Center in Florida, USA, on the morning of the 8th (Korean time), successfully communicated with overseas ground stations after entering orbit. It was only 160 minutes after the satellite was launched. […]
AI-Generated Content Sparks Debate in Chinese Video IndustryRecently, there has been a lively discussion about Artificial Intelligence Generated Content (AIGC) in the Chinese video content industry. Additionally, efforts to introduce AI technology on various platforms are accelerating. According to industry sources, on the 7th, the combination of AI and video content emerged as a hot topic at the 11th China Audio & […]
South Korea's Spy Satellite vs. North Korea's Aerial Arsenal - Part 4North Korea possesses the technology to enter and change orbits with a propulsion system If satellite technology is advanced enough to change orbits in space freely, North Korea could develop a more threatening weapon system than the current ballistic missile. Countries such as Russia and China are currently developing weapons using hypersonic missiles and space […]
South Korea's Spy Satellite vs. North Korea's Aerial Arsenal - Part 3Plans to launch a 3,307 lbs satellite with a four-stage solid rocket This time, the solid rocket that launched the ultra-small SAR satellite is far ahead of North Korea. The launch vehicles used by North Korea to launch reconnaissance satellites three times so far have all been liquid rockets. Solid rockets can be launched quickly […]
South Korea's Spy Satellite vs. North Korea's Aerial Arsenal - Part 2Experts, when comparing the space-related technological capabilities of South and North Korea, assert that we have an overwhelming advantage in both space launch vehicles and satellites, including reconnaissance satellites. “They unanimously agree that there is a significant difference in the surveillance and reconnaissance capabilities of reconnaissance satellites, such as their resolution. According to the Korea […]
U.S. Military's Top-Secret Tunnel-Crawling Robot Revealed - Part 3Equipped with AI-Based Recognition, Judgment, and Exploration Software A notable feature of the ATE robot development process is that both the U.S. and South Korea have applied common middleware (robot operation processing software), interfaces, and data formats to their robots, considering future cooperation to cultivate the ability of joint operations based on future robots. Both […]
Leading Business Schools Embrace AI Education in MBA ProgramsLeading business schools in the U.S. are adding artificial intelligence (AI) education to their Master of Business Administration (MBA) programs. Since the advent of ChatGPT, the importance of generative AI skills across various industries has grown, prompting educational institutions to respond. According to the Wall Street Journal (WSJ), the private American University’s Kogod School of […]
Meta's WhatsApp Down Again: Thousands of Users AffectedMeta Platforms, Inc.’s WhatsApp platform has gone down yet again. According to the outage tracking website Downdetector, despite WhatsApp resuming service for some users on the 3rd (local time), thousands of users experienced disruptions in connectivity. WhatsApp acknowledged the issue in a social media posting, “We are aware that some people are currently experiencing problems, […]
North Korea's Space Push Sets the Stage for Space WarNorth Korea, which launched a reconnaissance satellite into orbit at the end of last year, has announced plans to launch several more satellites this year. South Korea is also preparing to launch a satellite this month, setting up a competition between the two nations in outer space. On April 1, North Korean state media Korean Central News Agency (KCNA) […]
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...
Chinese Automakers Rising: BYD's Strategy to Overhaul the MarketOn March 27, 2024, the Chinese automaker BYD conducted an investor meeting where it made several announcements regarding next-generation technologies and sales targets. During the meeting, BYD revealed its plan to launch the 5th generation of DM (Dual Mode) hybrid technology in May. This technology reduces fuel consumption to 2.9 liters per 100km (around 81 […]
Valkyrie CIO Predicts Ripple ETF Approval Ahead of Ethereum [Dugguru=Sung-Hwan Hong] It has been observed that a Ripple (XRP) spot exchange traded fund (ETF) is likely to be approved before an Ethereum (ETH) spot ETF. It will be interesting to see if global managers will start to launch Ripple spot ETFs. "I don't think an Ethereum spot ETF will be approved in May because I believe that Ethereum can be a security," said Stephen McClurg, co-founder and chief investment officer of Valkyrie Investments, in a conversation with a reporter from U.S. financial media Fox Business, according to industry sources. "I think it's more likely that Ripple or Litecoin (LTC) will be approved before Ethereum." However, no manager has yet formalized the launch of a Ripple or Litecoin spot ETF. Seven asset managers, including BlackRock, Fidelity, Ark Investments, and Grayscale, have filed to list an Ethereum spot ETF. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on May 23 on whether to approve ETH spot ETFs. The market is betting that an ETH spot ETF is unlikely to be approved. This is because unlike Bitcoin, which is proof-of-mining (POW), Ethereum is proof-of-stake (POS), which raises ongoing securities issues. Eric Balchunas, an ETF analyst at Bloomberg, previously put the likelihood of an ETH spot ETF approval at 70% in January, but recently downgraded it to 30%. "The approval process for an ETH spot ETF is different from that for a bitcoin spot ETF," he explained, "and we've lowered our odds of approval given the lack of progress with more than 70 days to go before the deadline."
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 […]
Saudi Arabia's Ambitious Shift Towards Automated ManufacturingSaudi Arabia is aiming to reduce its dependence on the oil industry and leap towards becoming a powerhouse in automated manufacturing. According to industry sources on the 24th, Saudi Arabia is striving to restructure its industries around future advanced technologies, reducing its reliance on oil, which accounts for 40% of its Gross Domestic Product (GDP) […]
DOJ vs. Apple: Antitrust Lawsuit Lacks Bite, Bloomberg Analysis SuggestsCriticism has emerged, labeling the antitrust lawsuit filed against Apple by the U.S. Department of Justice as “outdated.” While it’s true that Apple restricts competitors with its closed ecosystem, proving that its monopoly has harmed consumers is challenging. On the 24th, a Bloomberg correspondent specializing in Apple, Mark Gurman, claimed in a newsletter, “The Department […]
Elon Musk's xAI Seeks $4 Billion to Rival OpenAI, Values Company at $18 Billion Distributes investment documents, competing with OpenAIValues xAI at $18 billion According to a Bloomberg report on the 12th (local time), Tesla CEO Elon Musk is seeking to raise $4 billion for his AI startup, xAI, to compete with OpenAI, the developer of ChatGPT. According to the report, citing documents Musk sent to investors, xAI plans […]
How U.S. Spy Satellites Predicted Russian Invasion - Part 4 The first satellite launched last year passes over the Korean Peninsula twice a day while orbiting a sun-synchronous orbit that constantly maintains the same angle with the sun. During the day, it takes photos using visible light; at night, it uses infrared sensors. This is an electro-optical/infrared (EO/IR) satellite. The EO equipment of the first […]
China's EHang Receives First-ever Approval for Drone Taxi Production World’s first production certification for EHangMP commercialization will accelerateA $260 bn low-altitude economy is expected by 2026 EHang, a leading Chinese Urban Air Mobility (UAM) company, is on the verge of a groundbreaking leap into commercialization with the approval for mass production of its revolutionary drone taxi, marking a historic global milestone. According to China’s […]
South Korea Boosts Surveillance with New Satellite Independent information surveillance reconnaissance capability was strengthened through the military’s first SAR South Korean forces’ second military spy satellite, launched from the Kennedy Space Center in Florida, USA, on the morning of the 8th (Korean time), successfully communicated with overseas ground stations after entering orbit. It was only 160 minutes after the satellite was launched. […]
AI-Generated Content Sparks Debate in Chinese Video Industry Recently, there has been a lively discussion about Artificial Intelligence Generated Content (AIGC) in the Chinese video content industry. Additionally, efforts to introduce AI technology on various platforms are accelerating. According to industry sources, on the 7th, the combination of AI and video content emerged as a hot topic at the 11th China Audio & […]
South Korea's Spy Satellite vs. North Korea's Aerial Arsenal - Part 4 North Korea possesses the technology to enter and change orbits with a propulsion system If satellite technology is advanced enough to change orbits in space freely, North Korea could develop a more threatening weapon system than the current ballistic missile. Countries such as Russia and China are currently developing weapons using hypersonic missiles and space […]
U.S. Military's Top-Secret Tunnel-Crawling Robot Revealed - Part 3 Equipped with AI-Based Recognition, Judgment, and Exploration Software A notable feature of the ATE robot development process is that both the U.S. and South Korea have applied common middleware (robot operation processing software), interfaces, and data formats to their robots, considering future cooperation to cultivate the ability of joint operations based on future robots. Both […]
Leading Business Schools Embrace AI Education in MBA Programs Leading business schools in the U.S. are adding artificial intelligence (AI) education to their Master of Business Administration (MBA) programs. Since the advent of ChatGPT, the importance of generative AI skills across various industries has grown, prompting educational institutions to respond. According to the Wall Street Journal (WSJ), the private American University’s Kogod School of […]
Meta's WhatsApp Down Again: Thousands of Users Affected Meta Platforms, Inc.’s WhatsApp platform has gone down yet again. According to the outage tracking website Downdetector, despite WhatsApp resuming service for some users on the 3rd (local time), thousands of users experienced disruptions in connectivity. WhatsApp acknowledged the issue in a social media posting, “We are aware that some people are currently experiencing problems, […]
North Korea's Space Push Sets the Stage for Space War North Korea, which launched a reconnaissance satellite into orbit at the end of last year, has announced plans to launch several more satellites this year. South Korea is also preparing to launch a satellite this month, setting up a competition between the two nations in outer space. On April 1, North Korean state media Korean Central News Agency (KCNA) […]
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...
Chinese Automakers Rising: BYD's Strategy to Overhaul the Market On March 27, 2024, the Chinese automaker BYD conducted an investor meeting where it made several announcements regarding next-generation technologies and sales targets. During the meeting, BYD revealed its plan to launch the 5th generation of DM (Dual Mode) hybrid technology in May. This technology reduces fuel consumption to 2.9 liters per 100km (around 81 […]
Valkyrie CIO Predicts Ripple ETF Approval Ahead of Ethereum [Dugguru=Sung-Hwan Hong] It has been observed that a Ripple (XRP) spot exchange traded fund (ETF) is likely to be approved before an Ethereum (ETH) spot ETF. It will be interesting to see if global managers will start to launch Ripple spot ETFs. "I don't think an Ethereum spot ETF will be approved in May because I believe that Ethereum can be a security," said Stephen McClurg, co-founder and chief investment officer of Valkyrie Investments, in a conversation with a reporter from U.S. financial media Fox Business, according to industry sources. "I think it's more likely that Ripple or Litecoin (LTC) will be approved before Ethereum." However, no manager has yet formalized the launch of a Ripple or Litecoin spot ETF. Seven asset managers, including BlackRock, Fidelity, Ark Investments, and Grayscale, have filed to list an Ethereum spot ETF. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on May 23 on whether to approve ETH spot ETFs. The market is betting that an ETH spot ETF is unlikely to be approved. This is because unlike Bitcoin, which is proof-of-mining (POW), Ethereum is proof-of-stake (POS), which raises ongoing securities issues. Eric Balchunas, an ETF analyst at Bloomberg, previously put the likelihood of an ETH spot ETF approval at 70% in January, but recently downgraded it to 30%. "The approval process for an ETH spot ETF is different from that for a bitcoin spot ETF," he explained, "and we've lowered our odds of approval given the lack of progress with more than 70 days to go before the deadline."
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 […]
Saudi Arabia's Ambitious Shift Towards Automated Manufacturing Saudi Arabia is aiming to reduce its dependence on the oil industry and leap towards becoming a powerhouse in automated manufacturing. According to industry sources on the 24th, Saudi Arabia is striving to restructure its industries around future advanced technologies, reducing its reliance on oil, which accounts for 40% of its Gross Domestic Product (GDP) […]
DOJ vs. Apple: Antitrust Lawsuit Lacks Bite, Bloomberg Analysis Suggests Criticism has emerged, labeling the antitrust lawsuit filed against Apple by the U.S. Department of Justice as “outdated.” While it’s true that Apple restricts competitors with its closed ecosystem, proving that its monopoly has harmed consumers is challenging. On the 24th, a Bloomberg correspondent specializing in Apple, Mark Gurman, claimed in a newsletter, “The Department […]
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