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AI

Sony and AMD Team Up for AI-Powered Gaming Revolution

Sony and AMD, the technology partners behind the PlayStation 5, are deepening their collaboration to develop advanced AI-powered technology for gaming, reports The Verge. This new initiative, codenamed "Project Amethyst," aims to enhance game graphics and gameplay, potentially impacting future PlayStation consoles and beyond. "We have begun

Tesla Explores Austin for Driverless Fleet Launch, as Early as Next Year

Tesla is in preliminary discussions with the city of Austin regarding the deployment of its autonomous vehicle technology, potentially bringing driverless fleets to Texas roads as early as 2024, reports Bloomberg. Emails obtained by Bloomberg through public records requests reveal that a Tesla employee has been communicating with Austin'

Soaring Cloud Costs Drive Enterprises to On-Premise AI

Amidst the rapid adoption of generative AI (GenAI), rising cloud costs are prompting enterprises to consider on-premises deployments as a cost-effective alternative, reports TechTarget. While organizations have been experimenting with GenAI in the cloud for several years, escalating expenses are pushing CIOs to explore on-premises solutions, experts say. "It&

Apple in Talks with Tencent and ByteDance for China AI Integration

Apple is reportedly in discussions with Tencent and ByteDance to incorporate their artificial intelligence models into iPhones sold in China, Reuters reports. The move comes as Apple seeks to bolster its AI capabilities in the world's largest smartphone market, where its market share is facing pressure from domestic

Microsoft Outspends Rivals on Massive Nvidia Chip Purchase

Microsoft has significantly outpaced its tech rivals in its acquisition of Nvidia's advanced AI chips, highlighting the company's substantial investment in artificial intelligence infrastructure, reports the Financial Times. Analysts at Omdia estimate that Microsoft purchased 485,000 of Nvidia's "Hopper" chips this

Rapidus Makes History as First Japanese Chipmaker to Receive ASML's EUV Machine

Rapidus, Japan's state-backed semiconductor company, has become the first Japanese chipmaker to receive an extreme ultraviolet (EUV) lithography machine from ASML, marking a significant step in Japan's efforts to regain its position in advanced chip manufacturing, reports Nikkei Asia. The installation of the EUV system at

AI Search Engine Perplexity's Valuation Triples to $9 Billion

Perplexity, an AI-powered search engine, has completed its fourth funding round of the year, tripling its valuation to $9 billion, reports the Financial Times. The $500 million round, led by Institutional Venture Partners (IVP), underscores the fierce competition in the rapidly evolving AI search market. The San Francisco-based company has

BYD and Nio Embrace Humanoid Robots to Tackle China's Labor Shortage

Chinese electric vehicle makers BYD and Nio are leading the charge in deploying humanoid robots on factory floors, reports Nikkei Asia, as the nation grapples with a shrinking workforce. BYD has introduced the Walker S1 robot from UBTech Robotics to its Hunan province factory, while Nio has deployed the same

Qualcomm's Nuvia Acquisition Aimed to Slash Arm Royalty Payments, CEO Testifies

Qualcomm's $1.4 billion acquisition of Nuvia in 2021 was driven by the potential to significantly reduce royalty payments to Arm, CEO Cristiano Amon testified in a Delaware federal court on Wednesday, reports Reuters. Amon stated that the potential savings, estimated at up to $1.4 billion annually,

US Removes Chinese Chip Maker AMEC from Military Blacklist

Advanced Micro-Fabrication Equipment (AMEC), a Chinese chip equipment maker, has been removed from the US Department of Defense (DOD) blacklist of companies with alleged ties to China's military, reports the South China Morning Post. The Shanghai-based company was removed from the Pentagon's list of "Chinese