News 15/21

May 163 min read

In First AI Dialogue, US Raises Concerns Over China's "Misuse" of AI as Beijing Protests Washington's Restrictions

US officials express concerns about China's alleged misuse of AI in the first AI dialogue between the two countries.

May 143 min read

Unjammable Navigation Technology Successfully Tested in UK Aircraft

UK aircraft successfully tests unjammable quantum-based navigation technology.

May 143 min read

US and China to Discuss AI Risks in Geneva

US and China to hold discussions on AI risks in Geneva.

May 132 min read

Chinese Firm SMIC Emerges as the World's Second Largest Wafer Foundry

SMIC achieves a revenue of US$1.75 billion in Q1, surpassing UMC and GlobalFoundries.

May 131 min read

South Korea Prepares US7 Billion Support Package for Chip Industry

South Korea is preparing a support package worth over US$7 billion for the chip industry.

May 131 min read

China Connects 750-kilovolt New Energy Power Station to the Grid and Begins Operations.

China connects a 750-kilovolt power transmission and transformation project to the grid in Qinghai Province.

May 133 min read

Yen's Decline Exposes Japan's Reliance on Overseas Tech Giants

Weak yen highlights Japan's economic vulnerability and dependence on overseas tech giants for cloud services.

May 113 min read

China and Hungary Forge Strong Technological Partnership

China and Hungary are strengthening their partnership in the automotive and technology industries.

May 112 min read

ByteDance Sells Gaming Unit to Tencent-Backed Firm in Ongoing Industry Consolidation

ByteDance sells its gaming studio, C4Games, to a Tencent-backed subsidiary.

May 103 min read

Spotify Pays £750m to UK Music Industry in Royalties

Spotify paid £750 million in royalties to the UK music industry last year.

May 92 min read

MediaTek Unveils Dimensity 9300+ Flagship Chipset and AI Pioneer Program for Global Developers

MediaTek launches Dimensity 9300+ flagship 5G chipset at MDDC 2024.

May 91 min read

Microsoft to Close Africa Development Centre in Nigeria

Microsoft is closing its Africa Development Centre in Nigeria, leading to job losses.

May 92 min read

Intel and Qualcomm Face Export Restrictions as China Objects

Intel and Qualcomm face export restrictions to China as the U.S. revokes some of their licenses.

May 82 min read

EHang's EH216-S Makes Historic Middle East Debut, Paving the Way for Autonomous Air Travel Expansion

EHang completes its first passenger-carrying flight in the Middle East, showcasing its autonomous air taxi technology.

May 83 min read

Europe Confronts China's EV Dominance as Carbon-Zero Targets Approach

China's President Xi Jinping's visit to Europe highlights the continent's concerns about Chinese EV dominance.

May 82 min read

US Revokes Export Licenses of Intel and Qualcomm, Restricting Sales to Huawei

The US has revoked export licenses of Intel and Qualcomm, preventing them from selling chips to Huawei.

May 82 min read

Apple Developing Dedicated AI Chips for Data Centers, Set to Unveil at WWDC 2024

Apple is reportedly developing a dedicated chip for AI processing in data centers.

May 82 min read

Hong Kong and Shenzhen Launch Pilot Trial for Cross-Border Credit Checks in Greater Bay Area

Hong Kong and Shenzhen have launched a pilot trial for cross-border credit checks in the Greater Bay Area.

May 72 min read

Microsoft Prepares New AI Model to Take on Google and OpenAI, Reports The Information

Microsoft is training a new AI language model, MAI-1, to rival Google and OpenAI.

May 67 min read

New iPads: Apple's Laptop Replacement Push & Peloton CEO Shift - AI Spotlighted at Earnings

New iPads set to launch with potential to serve as laptop replacements, addressing long-standing issues in multitasking and performance.