FTC Examines Investment Relationship between Microsoft and OpenAI

July 11, 2024 – The Federal Trade Commission (FTC) has announced an investigation into five major technology companies, including Microsoft. The probe primarily focuses on reviewing whether these companies have engaged in monopolistic practices in their investments and collaborations within the AI sector. Additionally, the FTC aims to gain insights into the current competitive landscape…

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Samsung Electronics Faces Indefinite Strike as Union Demands Pay Rise and Better Benefits

July 10, 2024 – In a decisive move, the largest labor union at Samsung Electronics, the Korean National Union of Samsung Electronics Workers (KNUSEW), has announced an indefinite strike action, citing the company’s management’s reluctance to engage in meaningful dialogue. The announcement comes as a culmination of ongoing tensions between the union and the tech…

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DeepMind CEO Asserts: Current AI’s Comprehensive Intelligence Lags Behind House Cats

July 10, 2024 – In a groundbreaking revelation at the prestigious “Future of Britain 2024” conference hosted by the Global Institute for Transformation, Demis Hassabis, the visionary CEO of Google DeepMind, painted a nuanced picture of the current state of Artificial Intelligence (AI). Hassabis, engaging in a candid dialogue with former British Prime Minister Tony…

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Samsung Electronics to Manufacture 2nm AI Chips for Japanese Startup Preferred Networks

July 09, 2024 – In a groundbreaking move, Samsung Electronics has revealed its successful collaboration with Japanese AI startup Preferred Networks. The tech giant has secured a deal to provide Preferred Networks with a comprehensive, turnkey semiconductor solution dubbed Interposer-Cube S (I-Cube S), leveraging cutting-edge 2nm GAA process technology and advanced 2.5D packaging techniques. This…

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