Xpeng Raises $150M for Its Flying Car Project
Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.
Science & Technology - page 24
UK Cancels $1.7 Billion of Computing Projects
In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).
Threads Crosses 200 Million Active Users
The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.
Apple Revenue Tops Forecasts
Apple has released information about the results of its operations in the third fiscal quarter.
Intel Shares Fall Amid Disappointing Earnings
Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]
Contextual AI Raises $80 Million
Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.
AMD Posts Revenue Rise
Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.
Qualcomm Revenue Beats Estimates
Qualcomm on Wednesday, July 31, released information on the results of its operations for the third fiscal quarter.
Meta Shares Rise Amid Earnings Report
Meta shares rose by about 7% on Wednesday, July 31, during extended trading after the technology giant released data on income and revenue figures for the second quarter of the current year, which exceeded Wall Street’s preliminary expectations, and announced its forecast for the present quarter, which turned out to be more optimistic compared with […]
How to Safeguard Financial Institutions From Malicious AI Use
Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]
The Benefits of Open Source Tools in Developing Fintech Apps
In recent years, the fintech industry has exploded with innovation, and at the heart of this transformation lies the power of open-source tools. These resources have democratised access to cutting-edge technology and fostered collaboration and creativity among developers worldwide.
Virtual Companion Now on Your Neck With a Friend AI Necklace
The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.
OpenAI Launches Voice Assistant
OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.
Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028
Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.
Apple Releases First Version of Suite of AI Features
On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.
SK Hynix to Build Chip Plant in South Korea
SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.
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