TSMC CFO Reveals: Received First $1.5 Billion Payment from US CHIPS Act in Q4 2024
January 21, 2025 – In a recent interview with CNBC, Chief Financial Officer (CFO) of Taiwan Semiconductor Manufacturing Company (TSMC), Huang Renzhao, revealed that the company has secured its first payment of $1.5 billion from the US CHIPS Act in the fourth quarter of 2024. This funding comes as part of a larger agreement reached…
DeepSeek Rolls Out Image Recognition Mode in Grayscale: Filling the Multimodal Void
April 30, 2026 – DeepSeek is currently conducting grayscale testing of an image recognition mode on both its web and app platforms. This new feature allows users to upload images, enabling DeepSeek to comprehend, describe, and analyze the content, thereby filling a gap in its multimodal capabilities. Positioned alongside the rapid mode and expert mode…
Elon Musk Steps Down as Twitter CEO, Assumes New Roles as Chairman and CTO
May 12, 2023 – In a surprising announcement on Thursday, Elon Musk revealed on social media that he would be stepping down as the CEO of Twitter. Instead, he will be taking up the roles of Chairman and Chief Technology Officer, overseeing product development, software, and system advancements. Musk mentioned that a female executive would…
xAI Negotiates $10 Billion Oracle Cloud Deal to Power Next-Generation AI
May 15, 2024 – Exclusive insights from The Information reveal that Elon Musk’s artificial intelligence startup, xAI, is in negotiations with Oracle executives to lease cloud servers worth a staggering $10 billion over the next few years. The proposed deal, which amounts to approximately 724 billion yuan, rivals the server orders placed by OpenAI and…
Shutterstock and OpenAI Extend Partnership: A New Era of AI Training
July 12, 2023 – In a surprising development, leading stock image provider Shutterstock announced an extension of its partnership with OpenAI for another six years. This groundbreaking collaboration grants OpenAI permission to utilize Shutterstock’s vast collection of images, videos, and music to train their cutting-edge AI models. The initial collaboration between Shutterstock and OpenAI began…
Meta Announces Discontinuation of Facebook Messenger App for Apple Watch
May 12, 2023 – In a recent announcement by Meta, it has been revealed that the Apple Watch application for Facebook Messenger will be discontinued by the end of this month. Users will no longer be able to reply to messages on this service directly from their wrists. Several users have already received notifications stating…
Perplexity Reaches Agreement with Publishers Following Data Scraping Allegations
July 31, 2024 – Following weeks of allegations regarding excessive data scraping, AI search company Perplexity has announced a new collaborative initiative to share advertising revenue with its publishing partners. Known as the “Publisher Program,” Perplexity has already enlisted its first wave of partners, which include prestigious names such as Time, Der Spiegel, Fortune, Entrepreneur,…
WWDC 2024 Rumors Suggest No New Hardware, iOS 18 Takes Center Stage
June 03, 2024 – Apple is expected to forgo any hardware announcements at the upcoming WWDC 2024, according to renowned Apple insider Mark Gurman in his latest PowerOn newsletter. This shift in strategy marks a contrast to last year’s WWDC 2023, where Apple unveiled groundbreaking hardware such as the Apple Vision Pro headset, a 15-inch…
Samsung Galaxy Z Flip: The New Face of Law Enforcement Recording
July 31, 2024 – In a surprising move, Samsung, a brand typically associated with youth-oriented, fashionable, and entertainment-focused devices through its Galaxy Z Flip series, has recently repositioned one of its products as a police tool. In a post titled “Samsung Technology Is Helping Police Authorities Protect Public Safety” on its newsroom, Samsung revealed that…
BYD Projects 50,000 EV Sales in Mexico This Year, Doubling Next Year
October 9, 2024 – In a statement made on October 8th, Jorge Vallejo, the General Manager of BYD Mexico, anticipated that the company would sell 50,000 electric vehicles (EVs) in Mexico this year, with a target to reach 100,000 units by 2025. Vallejo also revealed that BYD would announce the location of its first manufacturing…