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South Korea Plans $34 Billion Fund for Strategic Sectors Like Chips and Autos
Boosting Key Industries South Korea has announced plans to establish a $34 billion fund aimed at strengthening strategic industries, including semiconductors and automobiles. The initiative is part of the…
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Nvidia-Backed Cloud Firm CoreWeave to Acquire AI Developer Platform Weights & Biases
A Major AI Industry Deal CoreWeave, a cloud computing firm backed by Nvidia, is set to acquire Weights & Biases, a leading AI developer platform. The acquisition marks a…
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Canada to Impose Fee on Google for Online News Law’s Operating Costs
The Canadian government is set to introduce a new regulatory fee on Google to cover the operating costs of its online news law. This move follows months of negotiations…
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China’s DeepSeek Frenzy Enters the Home: AI Models Powering TVs and Smart Devices
China’s AI boom is expanding beyond chatbots and enterprise solutions, now making its way into household appliances. DeepSeek, a rapidly growing AI company, is at the forefront of this…
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TSMC Needs Government Permission for Overseas Joint Ventures, Taiwan Minister Says
Government Oversight on Semiconductor Investments Taiwan’s Minister of Economic Affairs has stated that Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading chipmaker, must obtain government approval before engaging in…
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China’s Baidu and CATL to Jointly Develop ‘Competitive’ Driverless Vehicles
A Major Partnership in Autonomous Driving Chinese tech giant Baidu and battery manufacturer Contemporary Amperex Technology Co. Ltd. (CATL) have announced a strategic partnership to develop advanced driverless vehicles.…
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China’s Baidu to Launch Upgraded AI Ernie Model in Mid-March
Introduction Baidu, one of China’s leading technology companies, is set to launch an upgraded version of its AI-powered Ernie model in mid-March. The move is part of Baidu’s ongoing…
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Nvidia Earnings Offer Little Cheer for Tech Shares
Introduction Nvidia, one of the leading semiconductor and AI technology companies, recently announced its latest earnings report. While the company showcased strong financials, the impact on the broader tech…
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Waze Gains ‘Large Platform’ Status Under EU Tech Rules, Porn Sites Set to Drop Off List
Waze Recognized as a Large Online Platform The European Union has officially designated Waze, the popular navigation app owned by Google, as a “large online platform” under its strict…
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OpenAI Removes Users in China, North Korea Suspected of Malicious Activities
Crackdown on Misuse of AI Tools OpenAI has taken action against users in China and North Korea, removing accounts suspected of engaging in malicious activities. The move is part…
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