Tesla lays out steps to building Europe’s biggest car plant
Tesla (TSLA.O) has requested approval from German local authorities to make sweeping changes to its factory near Berlin, a key next step in its ambitious plan to expand the ...
India’s Infosys signs five-year AI deal with $2 bln target spend
India’s second-largest software services exporter Infosys (INFY.NS) said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that ...
AI startups bringing dollars but lean workforces to ailing San Francisco
In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco.
At ...
BYD proposes $1 billion India plan to build EVs, batteries
China’s BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge ...
In greening air travel, small parts can make a big difference
Aircraft flaps and emergency power units are part of efforts to reduce the aviation industry’s contribution to global warming.
By Tom Cassauwers
Each time a plane takes off or ...
EU looks to take lead in metaverse world, avoid Big Tech dominance
The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds accessible through the internet – and to prevent Big ...
LG Electronics targets $77 bln sales by 2030, holds high hopes for vehicle components
LG Electronics (066570.KS) said this week that it is targeting 100 trillion won ($77 billion) in sales by 2030 and plans some 50 trillion won of investment as the South Korean company announced its ...
Senators move to require release of US government UFO records
The Senate in the coming days is expected to consider a bipartisan measure that would compel the U.S. government to publicly release records relating to possible UFO sightings after ...
KPMG to invest $2 billion in AI, cloud services
KPMG said this week that it will spend $2 billion on artificial intelligence and cloud services through an expanded partnership with Microsoft (MSFT.O), closely following Accenture (ACN.F) in betting ...
Smart girls don’t marry? Japan rushes to erase stigma for women in science
A third-year student at one of Japan’s top engineering universities, Yuna Kato has her sights set on a career in research but fears it might be short-lived if she ...
Google’s AI chatbot, Bard, expands to Europe, Brazil, to take on ChatGPT
Alphabet (GOOGL.O) said it is rolling out its artificial- intelligence chatbot, Bard, in Europe and Brazil on Thursday, the product’s biggest expansion since its February launch and pitting ...
NASA rover reveals new evidence about organic molecules on Mars
Evidence is mounting about what may be a wealth of organic molecules – a potential indicator of life – on Mars, with new findings from NASA’s Perseverance rover suggesting the presence ...
Nvidia invests $50 million in Recursion to train AI models for drug discovery
Nvidia (NVDA.O) invested $50 million to speed up training of biotech firm Recursion’s (RXRX.O) artificial intelligence models for drug discovery, which the chip designer can then potentially license ...
Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
US chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell ...
Robotex helping bridge the gender gap
The 6th Robotex competition helps breach the gender gap in STEAM by including an exclusive girls’ contest.
Part of the two-day event held on the weekend of July 1 and 2, was ...
27 per cent of jobs at high risk from AI revolution, says OECD
More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their ...
Microsoft deal to buy Activision can go forward, US judge says
A U.S. judge ruled on Tuesday that Microsoft MSFT.O, maker of the Xbox gaming console, may proceed with its planned acquisition of videogame maker Activision Blizzard ATVI.O ...
Samsung Elec flags 96 per cent drop in Q2 profit as chip glut drags on
Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses ...
Broadcom to invest in a $1 billion EU-funded chip programme in Spain
US chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday.
“Excited to announce ...
Paper makers and users look to greener frontiers
While the industry consumes lots of trees and produces plenty of waste, grass packaging and new construction materials point toward a more sustainable path.
By Tom Cassauwers
Switzerland is renowned ...
Metaverse has set off no alarms or need for controls yet
The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager ...
ChatGPT’s explosive growth shows first decline in traffic since launch
ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm ...
Ferocious black holes reveal ‘time dilation’ in early universe
Time is a slippery thing, as profound thinkers like physicist Albert Einstein and, well, fictional time traveler Dr. Who plainly understood. The latter, in a 2007 episode of the British sci-fi ...
US agency seeks updated responses from Tesla in Autopilot probe
US auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker’s advanced driver assistance system ...