OpenAI, the developer behind ChatGPT, released two bombshell AI developments last week. Last Thursday, it released GPT-5, the long-awaited update to its powerful GPT model. But OpenAI’s earlier decision to release open-source versions of its powerful model—the first time it’s done so since 2020, may be more consequential. OpenAI’s move follows a flood of Chinese…
On a recent morning in an industrial zone near Hong Kong’s bustling cargo port, a white MG electric taxi glided into a narrow kiosk resembling a car wash. A hydraulic lift elevated the vehicle, allowing a guided mechanical system to slide out the taxi’s depleted battery and replace it with a fully charged one. There…
Taiwanese chipmaking giant TSMC reported Thursday a forecast-beating 60% rise in net profit for the second quarter on sustained demand for artificial intelligence technology. Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips and counts Nvidia and Apple among its clients. The firm said its net profit for the three months to…