Nvidia is developing China-compatible AI chips adhering to U.S. export controls, according to three informed sources.The AI chip company introduced its “Blackwell” chip family in March,…
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Nokia reported a 32% drop in Q2 operating profit due to sluggish 5G equipment demand, yet expects improvement later.Operating profit dropped to 423 million euros ($462.38…
Apple’s stock hit a record high as Morgan Stanley’s increased price target and “top pick” status highlighted AI’s potential sales impact.To compete with Google and OpenAI,…
Microsoft relinquished its board observer seat at OpenAI, citing improved governance and addressing regulatory scrutiny concerns.Apple will not join OpenAI’s board, despite expectations, after announcing ChatGPT…
CATL and BYD are exploring the expanding market for stationary energy storage solutions in China.Since 2021, CATL leads global battery deliveries for energy storage, holding over…
Physical Conference on 3rd – 4th September, Riyad, Saudi Arabia Riyad, Saudi Arabia:Saudi Arabia has navigated significant challenges in developing its data center infrastructure and 5G networks. Initially, the…
Samsung Electronics estimated Friday a 15-fold rise in Q2 operating profit due to rebounding semiconductor prices from the AI boom.Samsung, the top memory chip, smartphone, and…
Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock, while Airbus pursued the supplier’s European operations.The 737 MAX crisis ended the two-decade independence…
Apple may face a sizable fine if EU antitrust investigators find it violated the bloc’s digital regulations.The iPhone manufacturer is also subject to an additional inquiry…
Backed by Microsoft, OpenAI acquires Rockset, a search and database analytics company, for an undisclosed sum.Vector search, a feature that Rockset provides, has seen a rise…