News 13/21

May 302 min read

Malaysia Aims for Over US$100 Billion Investment in Semiconductor Industry

Malaysia targets over US$100 billion in investment for its semiconductor industry.

May 292 min read

Tech Giants Google, Amazon, and Apple Oppose India's Proposed Antitrust Law

A lobby group representing Google, Amazon, and Apple opposes India's proposed antitrust law.

May 292 min read

Nvidia Surges Close to Apple in Market Value, Hits Record High Amid AI Boom

Nvidia's market value surged to a record high, bringing it within $100 billion of overtaking Apple.

May 292 min read

Tycoon Ambani Expands Reach to Africa with Telecom Venture

Mukesh Ambani's Reliance Industries Ltd. is entering the African market with a telecom venture.

May 281 min read

Elon Musk's xAI Secures $6 Billion in Funding, Valued at $24 Billion

Elon Musk's AI startup xAI has secured US$6 billion in series B funding, raising its valuation to US$24 billion.

May 282 min read

ByteDance and Kuaishou Witness Departure of Top AI Experts as China's Unicorn Boom Seeks Next OpenAI

ByteDance and Kuaishou are witnessing the departure of top AI experts amid investor interest in the next OpenAI.

May 282 min read

China Establishes US$47.5 Billion Fund to Boost Semiconductor Sector

China sets up its third state-backed investment fund with a registered capital of US$47.5 billion to boost the semiconductor sector.

May 282 min read

Amazon in Talks with Italy for Multi-Billion Euro Investment in Cloud Expansion

Amazon's AWS is in discussions with Italy for a multi-billion euro investment in expanding its data centre business.

May 282 min read

Apple Relies on Massive User Base to Gain an Edge in AI

Apple to unveil AI tools for everyday consumers at developers conference.

May 282 min read

Shenzhou-18 Crew Conducts Vital Space Research on Zebrafish Behavior, Combustion, and Material Durability

Shenzhou-18 crew conducting scientific experiments in space since April 26. Zebrafish exhibit abnormal behaviors in microgravity.

May 272 min read

Dell Shares Hit Record High Amid AI Surge, Boosted by Nvidia's Strong Forecast and AI Product Launches

Dell Technologies' shares reached a record high amid a rally in AI stocks. Nvidia's strong quarterly results and optimistic revenue forecast

May 271 min read

Samsung Encouraged to Increase Investment in China

Chinese Premier Li Qiang has encouraged Samsung to increase its investment in China.

May 252 min read

Lenovo's Q4 Revenue Surges 9% to US$13.8B, Beating Expectations Amid AI PC Expansion

Lenovo reports a 9% increase in fourth-quarter revenue, reaching $13.8 billion.

May 252 min read

South Korea Unveils 19 Billion Support Package for Chip Industry

South Korea announces US$19 billion support package for chip industry.

May 243 min read

Microsoft-G42 AI Deal Raises National Security Concerns Over Advanced Chip and Technology Transfer to UAE

Microsoft's deal with UAE-backed AI firm G42 could involve the transfer of advanced chips and AI technology.

May 242 min read

Amazon to Deorbit Pair of Prototype Satellites, Calling Tests Successful

Amazon to discard two prototype satellites after successful tests. KuiperSat-1 and KuiperSat-2 achieved 100% success rate in low-Earth...

May 242 min read

AI Empowers Chinese Employers, Leaving Employees Behind

AI in Chinese workplaces has led to a power shift, benefiting employers more than employees. Increased surveillance and monitoring raise...

May 242 min read

Cybersecurity Labelling for Smart Devices Aims to Help People Choose Items Less Likely to be Hacked

Consumer labels for smart devices to help choose secure products. Eligible devices include baby monitors, security cameras, fitness...

May 241 min read

China's Nio and FAW Group Join Forces for Battery Charging and Swapping

Nio and FAW Group have signed a strategic cooperation agreement for battery charging and swapping.

May 242 min read

China's Low-Orbit Satellite Internet Expands Overseas

A private Chinese commercial space company has partnered with a Thai university to conduct the first trial of a low-orbit satellite internet