China has made a significant leap in the global artificial intelligence (AI) race, with the country now accounting for more than 40 per cent of the world’s AI models. According to data released at the World Artificial Intelligence Conference (WAIC) in Shanghai, China currently hosts 1,509 AI models out of a global total of 3,755….
NEW YORK (AP) — The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter. The car company that has faced boycotts for months said Wednesday that revenue dropped 12% and profits slumped 16% in the three…
Tesla CEO Elon Musk just confessed that he thinks his 13% ownership stake in the electric vehicle manufacturer leaves him vulnerable to activist shareholders who could move to oust him from the $1 trillion company. Still, he admitted he shouldn’t have so much control over Tesla that the board can’t fire him if he goes…
By Akash Sriram (Reuters) -Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp (INTC) and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. The company develops cameras that enable machines and devices to perceive the world in three dimensions, allowing them…
Nvidia (NVDA, Financials) isn’t just the chip king anymore; it’s turning its gaze toward something even bigger humanoid robots. As the company brushed up against a $3.89 trillion market cap this week, CEO Jensen Huang took the stage in Paris and said it plainly; robotics, he believes, could become the largest industry in the world….