A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes that she may one day play a significant role in caring for the old and… Read More ›
Economy & Finance
China’s Export Restrictions On Chips Are “Just A Start,” A Beijing Adviser Cautions Ahead Of Yellen’s Arrival
An important Chinese trade policy adviser claimed on Wednesday that China’s export restrictions on metals used in semiconductors are “just a start” as Beijing intensifies its tech war with Washington just days before Treasury Secretary Janet Yellen’s arrival. Investors bet… Read More ›
OpenAI, The Company Behind ChatGPT, Claims It Is Intensifying Efforts To Stop AI From “Going Rogue”
OpenAI, the company that developed ChatGPT, announced on Wednesday that it will devote major resources to the effort and establish a new research team to examine how to make artificial intelligence that eventually controls itself safe for people. “The vast… Read More ›
Japan’s Businesses Provide The Largest Pay Increases In 30 Years, And Wage Growth Broadens
According to the largest trade union in Japan, companies this year delivered the largest wage increases in three decades. Economists predict that this move would help boost sluggish consumer demand. A Rengo study revealed that wage increases that were first… Read More ›
TSMC’s Founder Says National Considerations Are Trumping Globalisation In Technology
According to the retiring founder of Taiwanese chipmaker TSMC, globalisation is taking a backseat to concerns like national security and technological leadership, and U.S.-China relations are more about rivalry than cooperation. Morris Chang, who founded Taiwan Semiconductor Manufacturing Co Ltd… Read More ›
Deeper Slump In US Manufacturing, Subdued Pressure On, Factory Gate Prices
Even though U.S. manufacturing fell even more in June, to levels last seen when the country was still recovering from the COVID-19 pandemic, pricing pressures at the factory gate kept falling, which was good news for the economy. According to… Read More ›
With The Rise In Tech Stocks, Apple Becomes The First $3 Trillion Company In History
Apple Inc. became the first corporation in the world to reach a market value of $3 trillion, helped along by forecasts that the Federal Reserve would raise interest rates more gradually and optimism for the company’s growth into new markets…. Read More ›
EU And Japan Are Looking To Collaborate On Artificial Intelligence And Chips
The European Union wants to work more closely with Japan on important technologies like artificial intelligence, according to the industry leader of the coalition, as it seeks to lessen its reliance on China in some areas. Artificial intelligence will be… Read More ›
Nvidia Expects China’s Export Restrictions To Result In A Permanent Loss Of Opportunity
Although the business anticipated no immediate substantial impact, Nvidia’s financial leader claimed that limits on artificial intelligence chip shipments to China “would result in a permanent loss of opportunities for the U.S. industry.” According to two people with knowledge of… Read More ›
US Is Considering Additional Export Restrictions On AI Chip Computing Power
U.S. authorities are considering strengthening an export control regulation aimed at reducing the amount of computational power that chips can have in order to reduce the flow of artificial intelligence chips to China, according to reports quoting people with knowledge… Read More ›