China makes strides in high-tech memory chips
Chinese chipmakers are advancing in producing high-bandwidth memory (HBM) for AI applications to lessen dependence…
Browsing Tag
Ai
Japan’s SoftBank posts third straight net loss of $1.46b
SoftBank Group of Japan reported a net loss of 227.6 billion yen ($1.46 billion) for the fiscal year ending March…
Choose France Summit to draw €15b in foreign investment
The annual ‘Choose France’ summit, aimed at attracting foreign investment, is set to bring in 15 billion euros…
Microsoft to build $3.3b data centre in Wisconsin
US President Joe Biden is set to visit the political battleground state of Wisconsin on Wednesday, where he will…
FT archive to be available for OpenAI soon
The Financial Times and OpenAI have agreed to allow the latter to train Artificial Intelligence (AI) models using…
Tesla shares up 10% following sales forecast
Tesla shares went up 10 per cent on Wednesday following the company's optimistic sales forecast for the year and…
SoftBank to inject $960m into Japan’s AI development race
SoftBank is investing $960 million by 2025 to enhance its computing capabilities and become a leader in generative…
Taiwan’s TSMC profit ups in Q1
Taiwanese chip giant TSMC posted a stronger-than-expected nine per cent rise in first-quarter net profit on…
JPMorgan Chase CEO expresses concern about US economy
Jamie Dimon, the CEO of JPMorgan Chase, recently expressed concerns regarding potential risks to the US economy…
Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom
Morgan Stanley raised its year-end target for the MSCI's European index on Tuesday, citing the positive impact of…
AfDB 2023