Search results for "ai technology"

Meta Must Face Trial over AI Trade Secrets, Judge Says

Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Magic Inc. Meta will have to face a trial over accusations that it took Neural Magic’s “breakthrough” algorithms that enable AI systems to process information more quickly, U.S. District Judge […]

US Prepares New Rules on Investment in Technology Abroad - WSJ

The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall Street Journal reported on Friday citing copies of reports provided to lawmakers on Capitol Hill viewed by the newspaper. The Biden administration’s work on the new rules would in practice largely deal with U.S. […]

EU to Propose New Rules, Support for Certain Green Industries, Document Shows

The European Union’s executive body is set to provide permits, regulatory support and easier access to public and private funding for certain strategic green technologies, according to a draft document seen by Reuters. The draft regulation is designed to ensure “the net-zero technology manufacturing capacity in the Union is sufficient to meet at least 40% […]

Ford Launches Automated Driving Unit Latitude AI Months after Winding Down Argo

Ford Motor Co on Thursday launched a new automated driving system subsidiary, Latitude AI, months after winding down operations of its former self-driving technology unit Argo AI. Carmakers including Mercedes-Benz have ramped up their investments towards integrating more software and autonomous tech in vehicles despite some skepticism on the technology. Latitude will expand on the […]

AI Boost Lifts Broadcom Forecast amid Lingering Enterprise Weakness

Broadcom Inc forecast second-quarter revenue above estimates on Thursday, as increased investments in artificial intelligence spur demand for its chips used in data centers. In a deteriorating economy, where both consumer and enterprise spending is on a decline, AI has emerged as a bright spot for chip firms such as Nvidia Corp and Broadcom, due […]

China Leads US in Global Competition for Key Emerging Technology, Study Says

China has a “stunning lead” in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after tracking defence, space, energy and biotechnology. The Australian Strategic Policy Institute (ASPI) said its study showed that, in some fields, all of the […]

The Battle for Control: Governments and the Decentralization of Blockchain

Blockchain is the ultimate disruptive technology, capable of decentralizing power and creating a more transparent and equitable society.” These words by Don Tapscott, an influential author and blockchain expert, capture the essence of how blockchain technology can transform industries and the world as we know it. At the heart of blockchain lies decentralization, which enables […]

Airbus Criticizes US Inflation Reduction Act for Challenging European Aerospace Firms

The head of European planemaker Airbus criticized the U.S. Inflation Reduction Act on Tuesday, saying the law could make it more difficult for the European Union to accelerate its own decarbonization efforts. Airbus Chief Executive Guillaume Faury said the law, which boosts U.S. investment in renewable energy products, “is destabilizing the level playing field” between […]