Chinese chip design company Unisoc (Shanghai) Technologies Co is seeking to raise 10 billion yuan ($1.5 billion) in a new funding round that will value the firm at about 70 billion yuan ($10.3 billion), three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round, tapping increased […]
Search results for "ai technology"
We can all gain a lot from the digital world. It offers platforms that let us communicate and work together. It creates an opportunity for learning about new, significant topics and fosters innovation in previously unthinkable ways. Getting everyone online and bridging the digital divide calls for a multifaceted strategy. More is needed to offer […]
MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims worth about $773 million. The investment comes on the heels of the Ghana Revenue Authority exempting the company’s bill for back taxes earlier this month after […]
Sandbox AQ, a startup spun off from Alphabet Inc last year, said on Tuesday it raised $500 million as it helps customers prepare for a quantum computing future. Quantum computers, whose processors run based on quantum physics, could one day carry out certain calculations millions of times quicker than today’s fastest super computers, yet they […]
South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry. The company’s ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp in the hardware that powers the potentially revolutionary AI […]
At this point, Elon Musk does not need an introduction, especially after being in the news for his interesting takeover of Twitter. Nevertheless, the tech mogul was once known for his innovative approach to science and technology. In fact, his portfolio contains an extensive list of companies he had a hand in, including PayPal. But […]
The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google, Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for […]
Aliens? Flying cars? Time travel? Transferring consciousness? All these science fiction concepts are closer to reality than you might think. Many thoughts cross my mind as I watch a science fiction movie. With all this technological development, the question has changed from “Will it happen? to “When is it going to happen? Many things that […]
All innovations have been weaponized at some point in history and subsequently transformed warfare and politics. In the early 17th century, for example, French and Spanish sportspeople would attach knives to their muskets, favoring those made in Bayonne, France, when hunting dangerous games. In 1671, however, the French implemented the “bayonet” for military purposes, making […]
Microsoft Corp is revamping its Bing search engine and Edge Web browser with artificial intelligence, the company said on Tuesday, signaling its ambition to retake the lead in consumer technology markets where it has fallen behind. The maker of the Windows operating system is staking its future on AI through billions of dollars of investment […]