(Bloomberg) — Aggressive spending on artificial intelligence is mostly being rewarded in the stock market these days. But when it comes to Amazon.com Inc., not so much. Most Read from Bloomberg Amazon’s shares have gained about 3% this year despite the company’s heavy outlays on AI, which it is touting as a path to greater…
Victory Giant Technology (Huizhou) is considering a listing in Hong Kong that could raise about US$1 billion, according to people familiar with the situation. The maker of printed circuit boards was working with advisers on a potential second share sale that could take place as soon as this year, the people said, asking not to…
IN A NUTSHELL 🚀 China has launched 12 satellites as part of the Three-Body Computing Constellation to perform space-based data processing. 💡 The constellation aims to achieve a computing capacity of 1,000 peta operations per second, potentially surpassing terrestrial supercomputers. 🌍 Equipped with tools for Earth observation and 3D terrain mapping, the satellites support diverse…
Tesla CEO Elon Musk has shared a post on X (formerly Twitter), suggesting a shift in his stance toward artificial intelligence. Admitting he had been “living in denial” about the technology for too long, Elon Musk wrote in the post: “I resisted AI for too long. Living in denial. Now it is game on.” Musk…
The very day Elon Musk expanded the boundaries of his three-week-old autonomous ride hailing service in Austin, Joe Tegtmeyer’s Tesla tried to illegally run a railroad crossing just as a locomotive approached. “The robotaxi did not see that, and the safety observer had to stop the vehicle until the train had passed. So there’s a…
Elon Musk on Sunday, July 20, announced that his artificial intelligence startup (xAI) will develop a child-focussed app called ‘Baby Grok’. This comes after his earlier warning to kids stating that the social media is bad for them. “We’re going to make Baby Grok @xAI, an app dedicated to kid-friendly content,” he posted on X….
Artificial intelligence (AI) has transformed everything from customer service to research, so naturally, investors are curious whether AI can crack the code on stock market predictions. With ChatGPT’s vast knowledge base and analytical capabilities, GOBankingRates put it to the test by asking what the stock market might look like 100 days from now. Be Aware:…
The competition, titled “AI for All”, will run through September and features 17 tracks, including automobile, tourism, cross-border e-commerce, smart agriculture, and market regulation. Hosted by the Guangxi regional government, the kick-off took place simultaneously in eight cities: Guangxi’s capital Nanning, Beijing, Shanghai, Hangzhou, Shenzhen, Hong Kong, Bangkok, and Kuala Lumpur. “Hong Kong’s AI ecosystem…
AI is a double-edged sword and users must accept full responsibility if they break the law, Hong Kong’s technology minister has said, ahead of the release of a locally developed tool powered by mainland China’s DeepSeek for free public use this year. Secretary for Innovation, Technology and Industry Sun Dong issued the warning on Saturday…
The artificial intelligence boom was the primary driver of a recently signed nuclear energy agreement between Bahrain and the US, according to a Middle East technology expert. US Secretary of State Marco Rubio and Bahrain’s Minister of Foreign Affairs Dr Abdullatif Al Zayani signed on Wednesday a civil nuclear co-operation agreement − and a major…