OpenAI Poised to Break US$100 Billion Valuation Barrier in New Funding Round
August 29, 2024 – Amidst a flurry of speculations and industry buzz, OpenAI, the groundbreaking AI pioneer, is engaged in a new round of funding negotiations that could catapult its valuation past the US$100 billion milestone, marking a significant leap in the company’s rapid ascent. Leading the charge in this financing round is Thrive Capital,…
Tesla Model X Prototype Makes Waves with Lidar Integration in Surprise Test Drive
August 29, 2024 – Tesla Surprises Industry with Lidar-Equipped Model X Prototype Spotted in Northern California A significant departure from its long-standing stance, Tesla has ignited speculation within the tech and automotive sectors by revealing a Model X prototype testing in Northern California, notably adorned with lidar technology. This revelation contradicts the company’s consistent assertion…
Uber CEO Leads Delegation to BYD for Deepened Electric Vehicle Collaboration
August 29, 2024 – In a recent development that underscores the deepening ties between the automotive and ride-hailing industries, Cao Xi, Assistant General Manager of Brand and Public Relations at BYD, disclosed via a Weibo post yesterday that a delegation of senior executives from Uber had visited BYD’s global headquarters. The encounter marked a profound…
NVIDIA CEO Jensen Huang Confirms: Blackwell Chip Set for Mass Production in Q4
August 29, 2024 – NVIDIA Unveils Stellar Second Quarter Results for Fiscal Year 2025, Highlighting Blackwell Chip Milestone NVIDIA Corporation, a leading innovator in graphics processing units (GPUs) and artificial intelligence (AI) technologies, today announced its financial results for the second quarter of fiscal year 2025, marking a significant leap in both revenue and profitability….
OpenAI’s Secret ‘Strawberry’ Project Set for Fall Launch: The Evolution of the Mysterious Q* Algorithm
August 28, 2024 – On August 7 local time, Altman teased a mysterious “Strawberry” project by sharing a photograph of strawberries, sparking widespread discussion across the internet. According to The Information, as OpenAI seeks to raise additional funds, its researchers are working on launching a new AI product designed to tackle thorny issues more effectively…
Apple to Unveil AirPods Pro 3 with Enhanced ANC Capabilities
August 28, 2024 – Currently, Apple’s official website offers four distinct AirPods options for purchase: AirPods 2nd generation, AirPods 3rd generation with a choice of a Lightning charging case or MagSafe charging case, AirPods Pro 2nd generation, and the over-ear AirPods Max. As rumors have suggested, Apple is poised to unveil the AirPods 4 during…
GM Bolsters Software Team with Former Apple Exec Tim Twerdahl
August 28, 2024 – According to sources quoted by Bloomberg, General Motors’ software services division has hired a former Apple executive, Tim Twerdahl, who will take on the role of Vice President of Product Management. As General Motors continues to bolster the leadership team of its emerging software division, it seems to have a preference…
Samsung SDI and General Motors Forge $3.5 Billion Joint Venture for US EV Battery Plant
August 28, 2024 – Seoul, South Korea: In a landmark agreement, representatives from Samsung SDI and General Motors have officially inked a deal to establish a joint venture electric vehicle (EV) battery manufacturing facility in New Carlisle, Indiana, United States. This collaborative endeavor marks a significant step forward in the global EV battery landscape. The…
Sony Shares Soar as PlayStation 5 Price Hike of 19% Takes Effect in Japan
August 28, 2024 – Sony Group revealed yesterday that it will increase the price of the PlayStation 5 by a staggering 19% in Japan, effective from September 2nd, pushing the console’s new price tag close to 80,000 yen. This announcement sparked an immediate 2.7% surge in Sony’s share price on the Tokyo Stock Exchange. Concomitantly,…
Apple Services Shake-up: Over 100 Jobs Cut, Affecting Apple Books and Apple News
August 28, 2024 – Apple Inc. has disclosed a significant restructuring within its Services division, resulting in approximately 100 job cuts, according to sources familiar with the matter cited by Bloomberg. The announcement, made on Tuesday, sent shockwaves through the tech giant’s workforce, as affected employees from various teams under Senior Vice President Eddy Cue’s…