At the headquarters of BYD Co. in Shenzhen, a wall crammed floor to ceiling with about a thousand framed patents stands as a testament to the company's innovation. These patents, representing more than 30,000 breakthroughs, highlight the ingenuity of the electric vehicle (EV) maker's billionaire founder, Wang Chuanfu, and his team of engineers. Among these innovations is the low-cost lithium-iron-phosphate…
Micron Technology Inc.’s post-results selloff served as a stark reminder to global investors about the inherent risks in betting on artificial intelligence chipmakers. The memory chip maker’s shares plummeted by about 8% in extended trading after issuing a forecast that fell short of the most optimistic estimates, underscoring the volatility in the AI sector. Days after leading AI chipmaker Nvidia…
Google has officially launched the Gemini side panel across several Workspace applications, following its debut at I/O 2024 last month. This integration brings enhanced AI capabilities directly into paid versions of Gmail, Google Drive, Docs, Sheets, and Slides, as well as Google One AI Premium. Gemini Side Panel Capabilities Formerly known as Duet AI, the Gemini side panel powered by…
YouTube is set to begin asking iOS users if they want to opt into more personalized advertising. This development comes as a response to Apple's iOS 14.5 update, which mandates app developers to explicitly inform users about tracking and obtain their consent. Starting soon, iPhone and iPad users will see a one-time prompt in the YouTube app asking, "Allow 'YouTube'…
Nvidia Corporation’s remarkable ascent in the stock market shows no signs of abating, as shares have surged over 200% in the past year. This extraordinary growth has prompted Rosenblatt Securities analyst Hans Mosesmann to raise his price target on the semiconductor titan to a Wall Street high of $200, projecting a market valuation approaching $5 trillion by 2025. Nvidia’s stock…
Apple Inc. (AAPL) surged ahead of Microsoft Corp. (MSFT) to become the world's most valuable company once again, thanks to its strides in artificial intelligence (AI) technology. Apple’s shares skyrocketed nearly 4%, reaching an all-time high of $215.04, and propelling its market valuation to an impressive $3.29 trillion. This leap placed Apple ahead of Microsoft’s $3.24 trillion market cap for…
Samsung isn’t waiting around for Oura to file any patent claims over its forthcoming smart ring. Instead, it’s preemptively filed its own suit against Oura, seeking a “declaratory judgment” that states the Galaxy Ring doesn’t infringe on five Oura patents. The suit alleges that Oura has a pattern of filing patent suits against competitors based on “features common to virtually…
Wang Chuanfu, Chairman of BYD Co., China’s largest auto company, criticized Western countries for their apprehension towards Chinese electric vehicles (EVs). Wang, a billionaire entrepreneur, highlighted that foreign concerns reflect the strength of China’s burgeoning car industry. "If you are not strong enough, they will not be afraid of you," Wang emphasized, addressing the audience on Friday. He pointed out…
Instagram has recently confirmed that it is testing a new format of ‘unskippable’ ads, sparking a wave of user discontent across social media platforms. The feature was first noticed by Dan Levy, an Instagram user who shared a screenshot of the ad on X (formerly Twitter). According to the screenshots, these ad breaks prevent users from continuing to scroll through…
The iconic Geneva International Motor Show, a staple in the automotive world for over a century, has announced its permanent closure, marking the end of an era that began in 1905. This decision comes as a blow to the automotive community, which has witnessed the show’s prominence decline in recent years. Organizers cite waning interest from automakers and increased competition…
Amidst growing regulatory pressures and shifting demographics, TikTok has solidified its place as a dominant force in social media. Recent data reveals a staggering increase in American users, with 21% now engaging weekly—a fourfold rise since 2021. Despite concerns over privacy and foreign influence, TikTok remains pivotal for marketers targeting young consumers, though its appeal spans across age groups. The…
Amazon.com has announced a new feature that allows U.S. customers to order from Grubhub directly through its shopping app and website. This expansion enhances a deal that already offers Prime members no-fee access to Grubhub+ membership. Under this agreement, Amazon Prime members can continue to enjoy a free Grubhub+ membership, valued at $120 per year, which includes free delivery on…
OpenAI, in collaboration with News Corp, has embarked on a groundbreaking five-year agreement. This pact, announced against the backdrop of intensified scrutiny faced by Microsoft, OpenAI, and Google, heralds a new era of AI training with access to copyrighted content. According to a report by The Wall Street Journal, the deal between OpenAI, the innovator behind ChatGPT, and News Corp,…
The “Godfather of Artificial Intelligence,” Geoffrey Hinton, believes that the introduction of a universal basic income (UBI) could address the potential job shortages caused by the rapid development of AI. Geoffrey Hinton told the BBC he was "very concerned that a lot of simple jobs will be taken over by artificial intelligence." “I was consulted by people from Downing Street.…
Jensen Huang, the co-founder and CEO of Nvidia, has seen his net worth skyrocket from $3 billion to over $90 billion in just five years. This unprecedented surge is largely attributed to the meteoric rise of Nvidia's stock, which has increased approximately 28-fold during this period. Nvidia's recent financial performance has been nothing short of extraordinary. On Thursday, the company…
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