The European Union’s 43 billion euro ($47 billion) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act […]
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The potential of IoT in enhancing sustainable energy management is growing. The way in which IoT can enable businesses and individuals to optimize energy is supported by real-time data on energy utilization and predictive maintenance. _____________________ The Internet of Things (IoT) has rapidly established itself as a vital tool for businesses and consumers, enabling the […]
Amazon and Microsoft, the two dominant cloud providers, face an antitrust investigation in Britain after the communications regulator said some aspects of the market, including fees to switch supplier, were a cause for concern. Ofcom, which started looking into cloud services last year, said it was particularly worried about the practices of Amazon Web Services […]
French President Emmanuel Macron said Europe must resist eroding trade and diplomatic ties with China as he arrived for a state visit on Wednesday, seeking to refute any sense there was an “inescapable spiral” of tension between Beijing and the West. Shortly after touching down ahead of EU chief Ursula von der Leyen, who is […]
Facebook-owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations that it said was the largest ever of its kind. The company’s research division said in a blog post that its Segment Anything Model, or SAM, could identify objects […]
French President Emmanuel Macron landed in China on Wednesday shortly ahead of EU chief Ursula von der Leyen as the two European leaders seek to smooth ties with a key economic partner while broaching thorny issues like Ukraine and trade risks. Macron on his first trip to China since 2019, spoke to US President Joe […]
China has urged the World Trade Organization to scrutinise US-led technology export restrictions aimed at curbing its ability to make advanced chips, state television said on Wednesday. Chinese representatives told a WTO meeting this week that Japan, the Netherlands and the United States should report their plans and subsequent measures to the body, which it […]
The US government’s ban on TikTok, a popular video-sharing app, has unintended consequences for both the US and China. The move was part of a larger effort to counter China’s growing influence in the global economy and technology sector. ______________________________ Three years ago, the United States government raised national security concerns over the popular video-sharing […]
Alphabet Inc’s Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and more power-efficient than comparable systems from Nvidia Corp. Google has designed its own custom chip called the Tensor Processing Unit, or TPU. It uses those chips for more than […]
Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investments, asset prices, payment systems and banks’ ability to lend, the International Monetary Fund said on Wednesday. The IMF has long warned of increased costs, economic friction and GDP output losses associated with the global economy fragmenting […]