Xiaomi to Launch First Car in 2024
According to multiple media reports, during a Xiaomi Group investor event, Xiaomi’s founder Lei Jun disclosed the latest progress of the company’s automotive business. Lei Jun said that he spends half of his time on the automotive business and invested over 3 billion RMB in new businesses such as automobiles in 2022. The company’s automotive…
The Next Frontier of AI: Baidu Takes on OpenAI in a Global Technological Competition
The battle between Chinese and American technology companies has once again begun. The competition between Baidu and OpenAI’s ChatGPT represents the latest front in this ongoing technological race. Baidu, the largest Chinese search engine, has made significant investments in artificial intelligence and machine learning. The company is now seeking to challenge OpenAI’s ChatGPT, a state-of-the-art…
Baidu’s AI Ambitions: Taking on the Global Tech Giants?
Baidu is reportedly developing its own version of the popular AI chatbot ChatGPT and is set to launch it in March, embedding it within its own search services. If true, this news could lead to a new tech competition between two global powers, as Baidu has previously competed with and outperformed US tech giants in…
Google to Host AI and Search Business Event on February 8th
Google is set to host a 40-minute event on February 8th, showcasing its work in the field of Artificial Intelligence and how it is reimagining the way people search, explore, and interact with information. The event, which will take place at 8:30 AM Eastern Time, will be streamed live on YouTube, providing an opportunity for…
YouTube Shorts Reaches 500 Billion Daily Views: A Rare Bright Spot for Alphabet
YouTube recently announced that its daily view count for short videos has surpassed 5 billion. This news comes as a rare bright spot for Alphabet, as the company has been facing challenges in various other business ventures. In a phone interview, Google’s Chief Business Officer, Philipp Schindler, described this as an “early stage” for Shorts…
Apple iPad Continues to Dominate the Global Tablet Market
Apple’s iPad has been a household name since its launch in 2010 and has since then been a leader in the tablet market. Despite the increasing competition from other tablet manufacturers, the iPad continues to dominate the global tablet market and retain its position as the preferred tablet for both personal and professional use. According…
Ford Reports Q4 Revenue Above Expectations, Up 17% YoY
Ford announced its financial results for the fourth quarter of 2022 on Thursday, revealing revenue of $44 billion, a 17% increase from the previous year. This figure was higher than the expected $39.8 billion by the market. Despite this positive news, the company’s net profit was $1.3 billion in the fourth quarter, lower than the…
Indonesia Offers Incentives to Attract Tesla Investment
Indonesia is Luring Tesla to Invest As a leading player in the electric vehicle industry, Tesla is reportedly planning to build more factories globally. Indonesia is one of the countries that are attracting Tesla’s investment with a series of incentives, including tax breaks and nickel mining. Abundant Nickel Resources Indonesia is a country rich in…
China ChatGPT is Coming: Baidu Stock Rises Over 13% in US, Over 7% in Hong Kong
According to recent reports, Baidu is set to launch China’s ChatGPT. This has led to a surge in Baidu’s stock prices, with the US stock rising by almost 15% and Hong Kong stock by over 7%. Many institutions have released information regarding the significant growth potential for Baidu. Macquarie has adjusted its earnings per share…
Apple’s Upcoming Apple Watch Ultra to Feature 2.1 Inch Display
Apple Inc. is rumored to be releasing a new Apple Watch model with a larger screen size, tentatively named the “Apple Watch Ultra,” in the near future. According to industry sources, the device is expected to feature a screen size of approximately 2.1 inches, representing a significant increase from the current models’ 1.78-inch and 1.57-inch…