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India boosts Ericsson's quarterly profit as US dials down

Sweden’s Ericsson on Tuesday reported first-quarter core earnings that beat expectations, supported by stronger sales of 5G equipment in countries such as India, but sales in more established markets fell and eroded margins. The company has cut costs to mitigate lower spending by telecom operator customers in several regions and expects the slower pace of […]

The Dark Side of the Technological Development

Technological development should never be at the expense of living beings, animals, or humans. Or at least that’s what morality and ethics dictate. But we all know reality differs greatly from the ideal. In 2016, Elon Musk and Max Hodak founded Neuralink Corporation, a neurotechnology company concerned with the development of implantable brain-computer interfaces (BCI). […]

The Role of AI in the Future of Artistic Expression

AI has become more popular in the realm of art, spawning a new type of work called AI Art. The use of AI in art has created numerous discussions, ranging from the future of AI art to its impact on the art world and traditional artists’ and reviewers’ opinions.  But How Is AI Influencing Artistic […]

Volkswagen Plans 10 More EV Models by 2026

Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by 2026 and it remained committed to China, where established foreign brands are losing ground to nimble local rivals. “As VW, we remain firmly committed to China … Our guiding principle is development in China, for China at full […]

Chinese EV Makers Should Brace for Protectionist Policies Abroad - NIO CEO

 Chinese electric vehicle makers should brace for the possibility of protectionist policies being leveled against them by foreign governments as they seize on their cost advantages to expand exports, the founder of Chinese EV maker Nio said. William Li told reporters on the sidelines of the Shanghai Autoshow that he estimated his firm and peers […]

Elon Musk says he will launch rival to Microsoft-backed ChatGPT

Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings from Microsoft and Google. He criticised Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of “training the AI to lie” and said OpenAI has now become a “closed source”, “for-profit” organisation “closely allied […]

Tsmc Q1 Earnings Seen Down 5% Y/Y, Q2 Also Looks Tough

Taiwanese chipmaker TSMC is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc supplier, is […]

Chatgpt’s AI to Power Chegg Study Buddy as Educators Wrestle with Tech

The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc. The U.S. educational software maker has combined its corpus of quiz answers with the chatbot’s AI model known as GPT-4 to create CheggMate, a study aide tailored to students, CEO Dan Rosensweig […]

Nine More Us States Join Federal Lawsuit Against Google Over Ad Tech

Nine states, including Michigan and Nebraska, have joined a U.S. Department of Justice lawsuit against Alphabet’s Google which alleges the search and advertising company broke antitrust law in running its digital advertising business, the department said on Monday. The states joining the lawsuit were Arizona, Illinois, Michigan, Minnesota, Nebraska, New Hampshire, North Carolina, Washington and […]

Waiting for Quantum Computers to Arrive, Software Engineers Get Creative

Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite the billions poured into them. But the uncertainty and the dismal stock performance of publicly-listed quantum computer […]