Finance
Powering the Future: India’s Groundbreaking Subsidies for Grid Battery Manufacturers
June 28, 2023 – India Prepares Subsidies for Grid Battery Manufacturers to Boost Clean Energy Transition In a recent report by the Financial Times, it has been revealed that India is gearing up to provide subsidies to companies engaged in the production of grid batteries as part of its efforts to increase the share of…
Elon Musk Announces the Departure from FSD Beta with V12 Release
June 28, 2023 – In a recent Twitter update, Elon Musk, the CEO of Tesla, hinted at the impending conclusion of the “beta” phase for Tesla’s Full Self-Driving (FSD) software. In response to a long-time user of the FSD beta version jokingly suggesting that FSD Beta 12 might only arrive “later this year,” Musk amusingly…
Empowering Small Businesses: Amazon’s New Program for Last-Mile Delivery
June 27, 2023 – Amazon Launches Innovative Initiative for Last-Mile Delivery In a groundbreaking move yesterday, Amazon officially launched a program that had been in pilot testing since 2020. This initiative aims to empower small business owners by providing them with the means to complete the crucial “last-mile” delivery, ensuring secure and accurate package transportation…
Catching Up with Competitors: Samsung’s HBM Chip Mass Production for AI Applications
June 27, 2023 – Samsung Prepares for Mass Production of High-Bandwidth Storage Chips for AI Applications Samsung, a renowned technology company, is gearing up to commence large-scale production of high-bandwidth memory (HBM) chips specifically designed for artificial intelligence (AI) applications. As reported by the foreign media outlet KoreaTimes, Samsung’s strategic focus for the latter half…
Tesla’s Dojo Supercomputer: Redefining the Future of AI
June 27, 2023 – The field of artificial intelligence continues to advance rapidly, and Tesla is at the forefront of this technological revolution. In their relentless pursuit of innovation, the Tesla AI team has unveiled their latest breakthrough: the Dojo supercomputer platform. With production set to commence in July this year, Tesla aims to position…
OpenAI’s Ambitious Plan: Transforming ChatGPT into a Super Intelligent Personal Work Assistant to Compete with Microsoft
June 27, 2023 – OpenAI, a leading startup in the field of artificial intelligence, is reportedly gearing up to introduce a groundbreaking product called “TaskMinder.” This move seems to position the company in potential competition with its major investor, Microsoft. According to undisclosed sources cited by The Information, Sam Altman, the CEO of OpenAI, has…
Japanese Chip Manufacturer Socionext Leaps Ahead on the AI Bandwagon, Multiplies Market Cap by Four
June 26, 2023 – Socionext Emerges as a Leading Player in the Japanese Stock Market In a remarkable turn of events, Japanese chip design company Socionext has outperformed industry giants such as Sony and Kiihnshi, emerging as the best-performing company on the Japanese stock market this year. Since its initial public offering in October of…
Meta Set to Launch Groundbreaking Social Platform “Threads” in July
June 26, 2023 – In an exciting development, Meta, the parent company of Facebook, is preparing to launch a highly anticipated social media platform in mid-July. This ambitious project, internally known as “Project 92” and potentially named “Threads,” has been the subject of speculation since March of this year. While specific details remain undisclosed, Meta…
South Korea Launches 3 Trillion Korean Won Fund to Boost Semiconductor Industry
June 26, 2023 – In a move aimed at bolstering the semiconductor industry, South Korea has announced the establishment of a new fund worth 300 billion Korean won. The country, known for its strong emphasis on chip development, intends to leverage this fund to drive the growth of related enterprises. The decision to set up…
iPhone 15 Details Unveiled: Apple Bids Farewell to the 16-Year-Old Mute Button
June 26, 2023 – Apple’s Next iPhone: A Shift in Design and Functionality In an era dominated by iPhones, the absence of a dedicated mute button can be disconcerting for avid users. However, recent reports suggest that Apple might be bidding farewell to the iconic mute button that has adorned their devices for the past…