Electric air transport vehicles, hailed as the mobility of the future for cities, were on display at the Singapore Airshow among displays of defence jets, passenger aeroplanes and cutting-edge aviation technology. Electric vertical take-off and landing, or eVTOL, vehicles are… Read More ›
On Saturday, chipmaker TSMC will officially open its first plant in Japan, underscoring the Taiwanese company’s pivotal position in Tokyo’s multibillion-dollar attempts to revive its once-dominant semiconductor manufacturing sector. Tokyo’s rising anxiety over China’s expanding technological superiority and the Taiwan… Read More ›
In what is being viewed as the latest setback in its attempts to overtake rivals OpenAI and Microsoft, Google has decided to halt its artificial intelligence tool that generates images of individuals based on historical depictions that contain errors. Google… Read More ›
According to Intel, Microsoft intends to use its services for the production of a custom computing chip. The business anticipates surpassing Taiwan Semiconductor Manufacturing Co., its main competitor in the advanced chip manufacturing market, by 2025, having met an internal… Read More ›
As a result of low external demand, cautious consumers, and high borrowing costs impeding domestic investment, Germany is most likely currently experiencing a recession, the Bundesbank stated on Monday in its customary monthly assessment on the continent’s largest economy. Germany’s… Read More ›
In a letter to Belgium’s foreign minister, the European retail sector association Eurocommerce stated that the Red Sea situation had already had “massive impacts” on businesses and urged EU institutions and member states to resolve it in order to restore… Read More ›
Twenty of the top internet giants pledged jointly on Friday to fight artificial intelligence disinformation during this year’s elections. The industry is concentrating on deepfakes, which can imitate important players in democratic elections or spread misleading information about voting by… Read More ›
Major European and American automakers are under intense pressure from their Chinese rivals to reduce the cost of electric vehicles in order to offer prices and profit margins that are comparable to those of fossil fuel versions, according to industry… Read More ›
The recession that hit Britain’s economy in the second half of 2023 presented a challenging environment for Prime Minister Rishi Sunak, who has pledged to accelerate growth in front of the anticipated 2024 election. The gross domestic product (GDP) shrank… Read More ›
According to LSEG analysts on Monday, the value of traded carbon dioxide (CO2) permits globally hit a record 881 billion euros ($948.75 billion) in 2023, up 2% from the year before. Emissions trading systems (ETS) have been implemented in a… Read More ›
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