In a groundbreaking announcement during the Mobile World Congress in Barcelona, Honor has declared a staggering commitment of $10 billion towards artificial intelligence (AI) over the next five years. This pledge marks a significant transition for the company, as it seeks to evolve from a mere smartphone manufacturer into a versatile “AI device ecosystem company.”
Enterprise
On Saturday evening, Microsoft faced significant operational challenges as users experienced widespread issues accessing various services, notably Outlook email. This situation marked yet another instance of the tech giant grappling with service reliability, causing frustration among users and raising questions about the resiliency of cloud-based services. Microsoft acknowledged these disruptions through its dedicated Microsoft 365
In a notable development, SpaceX, the aerospace company founded by Elon Musk, has received approval from the Federal Aviation Administration (FAA) to resume flight tests of its Starship rocket. This announcement, which came late last week, marks a significant step in the ambitious quest to enhance space travel and exploration, a venture that Musk has
Amazon recently unveiled its first venture into the realm of quantum computing with the introduction of its processor named Ocelot. This announcement is particularly noteworthy as the tech industry is experiencing a surge of interest and innovation in quantum technologies. As major players like Microsoft also reveal their endeavors, Amazon’s ambitions stand out for their
Nvidia is slated to announce its fourth-quarter earnings on Wednesday, and investors are anxiously awaiting the results. According to estimates from LSEG consensus, analysts project earnings per share (EPS) of $0.84 and a staggering $38.04 billion in revenue. This forthcoming earnings report will provide a timeline on an extraordinary growth trajectory that Nvidia has maintained
In a significant legal move, Chegg has filed a lawsuit against tech giant Google, alleging that the company’s artificial intelligence-powered search summaries have negatively impacted Chegg’s traffic and, ultimately, its revenue. This lawsuit marks a pivotal moment for Chegg, an online education platform that has seen better days. Reports indicate that Chegg’s valuation has plummeted
After a challenging couple of years characterized by leadership changes and strategic upheavals, PayPal is poised to embark on a significant transformation in the business payments landscape. Frank Keller, the executive vice president of the enterprise merchant group, shared insights about this pivotal shift during an interview from Germany. With the introduction of PayPal Open,
In a striking development within the digital content landscape, renowned cookbook author and food content creator Carla Lalli Music has decided to exit YouTube after successfully posting nearly 200 videos and gaining hundreds of thousands of followers. Her pivot to Substack highlights the changing dynamics of content creation in an era where platform sustainability and
The landscape of financial technology (fintech) has undergone a remarkable transformation over the years. Companies that began as simple payment facilitators have evolved into complex ecosystems offering a plethora of financial services. Among these, Block (formerly Square), Affirm, and PayPal stand out as prominent players, each with unique origins but now converging toward a common
The landscape of artificial intelligence (AI) is shifting dramatically, particularly in light of recent developments emanating from emerging players like the Chinese company DeepSeek. This article delves into the phenomenon of AI model distillation and the broader implications it holds for the tech industry and global market dynamics. Understanding Distillation At its core, distillation is