Microsoft’s once exclusive partnership with OpenAI has taken a complex turn as the tech giant now lists the artificial intelligence startup as a competitor in their latest annual report. This move signals a shift in the dynamics between the two companies, who have enjoyed a long-standing collaboration. Despite being the biggest investor in OpenAI, having
Enterprise
Uber and BYD recently announced a groundbreaking partnership that aims to revolutionize the ride-hailing industry by integrating electric cars into their platform. This collaboration is set to bring significant changes to Uber’s operations in Europe and Latin America, with plans to expand to other regions in the future. The partnership will not only offer pricing
Russia is currently facing immense financial pressure due to Western sanctions, prompting the country to consider the legalization of cryptocurrency for international payments. The lower house of the Russian Parliament, the State Duma, is set to deliberate on a law that will allow for settlements in cryptocurrencies within an experimental regime. This move comes as
Apple made an interesting move on Monday by revealing that the artificial intelligence models powering its Apple Intelligence system were pretrained on Google processors. This decision to utilize Google’s homegrown Tensor Processing Unit (TPU) for training is significant as it indicates a shift away from Nvidia’s dominance in the market for high-end AI training chips.
The cryptocurrency market experienced a surge at the onset of the final week of July as traders absorbed a series of political events that unfolded over the weekend. Bitcoin recorded a 2% increase, reaching $69,640.00, while Ether saw a 3% rise to $3,382.15. This uptick follows a week where Bitcoin ended with a 1% gain
Former President Donald Trump made headlines during the biggest bitcoin conference of the year when he revealed his stance on bitcoin, but his proposal fell short of the revolutionary ideas some crypto enthusiasts had anticipated. Instead of promising to establish an official U.S. bitcoin strategic reserve currency, Trump simply vowed to maintain the current level
Former President Donald Trump made headlines as he took the main stage at the biggest bitcoin conference of the year in Nashville. This move comes as a surprise considering Trump’s previous negative comments about cryptocurrencies during his time in the White House. He once referred to bitcoin as a “scam” and expressed his preference for
Memory chip giant SK Hynix has announced its plans to invest 9.4 trillion Korean won ($6.8 billion) in building a new semiconductor manufacturing plant in South Korea. The fabrication plant, also known as a fab, will be located in South Korea’s Yongin Semiconductor Cluster, just south of Seoul. This move comes as part of the
In a recent report by Canalys, it was revealed that Apple has been edged out of the top five smartphone vendors’ list in China during the second quarter. This decline can be attributed to the increasing competition from domestic brands such as Huawei, which have been gaining momentum in the Chinese market. Apple’s market share
SK Hynix, a prominent memory chipmaker, recently announced its second-quarter profit, reaching its highest level in 6 years. The company’s revenue hit 16.42 trillion Korean won, surpassing analyst estimates by a slight margin. Operating profit also surged to 5.47 trillion Korean won, marking a significant increase from the previous year. This growth was primarily attributed