Musk’s xAI Set to Complete Funding Round, Valuation Could Top $24 Billion
May 24, 2024 – According to sources familiar with the matter, as quoted by Bloomberg, Elon Musk’s artificial intelligence venture, xAI, is on track to complete a funding round in June, potentially pushing its valuation to over $24 billion. Initially, the company had aimed to secure around $6 billion in funding earlier this month. However,…
NVIDIA CEO Predicts Surge in Chip Demand Fueled by Video-Generating AI Models
May 24, 2024 – According to a recent statement by NVIDIA CEO Jensen Huang, the demand for NVIDIA’s AI chips is expected to surge further with the emergence of new AI models that support video generation. This comes after AI chatbots, represented by ChatGPT, had already sparked a shortage of NVIDIA’s AI chips. Huang anticipates…
Majority of American iPad Users Keep or Pass On Their Old Devices
May 24, 2024 – According to data from Consumer Intelligence Research Partners (CIRP), iPad users in the United States tend to keep or reuse their old devices more often than iPhone users. Over the 12-month period ending in March 2024, 67% of iPad repurchasers retained their old iPads or passed them down to family and…
Apple’s First Foldable Device to Sport 18.76-Inch Display Due to Cost Factors
May 24, 2024 – According to recent reports citing analyst Ming-Chi Kuo, Apple is gearing up to launch its first foldable product, which is slated for mass production in the fourth quarter of 2025. The panel for this innovative device will be exclusively supplied by LG Display, and it is anticipated to come in two…
Apple Moves to Monopolize TSMC’s 2nm Production Amid Chip War with Samsung
May 23, 2024 – According to a report by ETNews, a Korean media outlet, Samsung has initiated a 2nm application chip (AP) project under the codename “Thetis,” with plans to mass-produce it in 2025. The chip, to be named Exynos 2600, is expected to be equipped in the Galaxy S26 series of smartphones in 2026….
TikTok Unveils Symphony AI Suite for Enhanced Scripting and Video Ad Creation
May 23, 2024 – TikTok has announced the launch of its “TikTok Symphony” AI suite, designed specifically for brand usage. This innovative toolkit aims to empower marketers in scripting and video production, leveraging the platform’s unique understanding of what resonates with its audience. According to TikTok’s official data, a staggering 61% of users have either…
Lauryn Hill’s Album Claims Top Spot on Apple Music’s 100 Greatest Albums List
May 23, 2024 – Apple Music unveiled its highly anticipated list of the 100 Greatest Albums of All Time, with the top 10 finally revealed today. The countdown, which started on May 13th, has been eagerly awaited by music lovers around the globe. Here are the top 10 albums, according to Apple Music’s esteemed panel:…
European Smartphone Shipments Surge 10% in Q1 2024, Led by Samsung, Apple, and Xiaomi
May 23, 2024 – According to the latest report published by Counterpoint Research, the European smartphone market has witnessed a 10% year-on-year growth in shipments during the first quarter of 2024. This significant increase marks the end of a consecutive decline that started in the third quarter of 2021. The report highlights the performance of…
Toyota’s EV Push: Catching Up After Two Years of Intense Development
May 23, 2024 – Ted Ogawa, the CEO of Toyota Motor’s U.S. division, has admitted that the company is currently lagging behind Tesla but is actively “catching up” in the field of electric vehicles (EVs) and new technologies. Toyota’s transition towards electrification has faced challenges, as evidenced by the bumpy start of its first EV…
No Account Needed: ChatGPT Goes Mobile with Login-Free Version
May 22, 2024 – OpenAI’s popular chatbot, ChatGPT, is soon expected to arrive on mobile devices in a login-free version. This development was discovered by Android Authority in the ChatGPT (beta) v1.2024.136 version for Android, revealing a feature that enables users to engage in conversation with the AI chatbot without the need to create an…