Industry

China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.


Canon's Photos That Blind People Can See To Be Showcased in Africa—How Is This Possible?

Canon's photos that blind people can see will soon be showcased in Africa. Here's how the camera maker made it possible.

Iran Approves Plan to Boost Oil Output to 4 Million Barrels Per Day: Report

Iran plans to boost its oil production to four million barrels per day. Iran plans to boost its oil production to four million barrels per day. Iran Approves Plan to Increase Its Oil Production The country's Tasnim news agency said Sunday that an economic council headed by Iran's interim president Mohammad Mokhber approved this increase in its oil output.

Elon Musk Plans to Build xAI Supercomputer Dubbed 'Gigafactory of Compute'

Elon Musk is reportedly planning to launch a supercomputer for his artificial intelligence company, xAI.


Latest News

Samsung Plans Using Own Exynos Chips for Galaxy Smartphones as Part of Cost-Cutting Effort
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
7 Iconic Brands With Surprising Names Before Getting Into Fame
Famous brands changed their names, showing how even big companies evolve to stay relevant in the market.
Elon Musk Reveals Plans for Supercomputer with 100,000 GPUs to Enhance Grok Chatbot
Elon Musk's startup xAI plans to build a supercomputer by fall 2025, using tens of thousands of NVIDIA H100 GPUs at a cost of billions, to power a significantly smarter iteration of its Grok chatbot.
Truth Social Usage Plummets as the Platform Launched by Donald Trump Struggles to Attract, Keep Users
Truth Social, the social media platform launched by former President Donald Trump's media company, is struggling to maintain its US user base.
Russian Hackers Demand $50 Million Ransom After NHS Hospital Cyberattack
Cencora, a major US pharmaceutical company, has disclosed that a cyberattack earlier this year led to a data breach that compromised highly sensitive medical information of American patients.
Fedex To Cut 10 Percent Of Its Executive Level Positions
FedEx has resumed international priority inbound and outbound services in Ukraine. LOS ANGELES, CALIFORNIA - FEBRUARY 01: The FedEx logo is displayed on a FedEx vehicle on February 1, 2023 in Los Angeles, California.
NY Attorney General Files Lawsuit Against JP Morgan Chase Over Bear Stearns Fraud
JPMorgan Chase & Co has been ordered to pay $100 million and admit to violating CFTC rules. NEW YORK, NY - OCTOBER 02: People pass a sign for JPMorgan Chase & Co.
Starliner Leak Update: NASA, Boeing To Push Astronaut Launch, Saying They're Confident There'll Be No Safety Issue
The Starliner leak didn't faze NASA and Boeing as the two companies pushed the astronaut launch, saying it would commence on June 1.
BTC Mining Firm Marathon Digital To Develop Kenya's Green Energy Infrastructure, Thanks To New Deal
BTC mining firm Marathon Digital closed a new deal with Kenya to help the African country develop its green energy infrastructure.
SEC Approves Ether ETFs, Marking Major Milestone for Cryptocurrency Industry
The SEC has approved Ether ETFs, marking a significant milestone for the cryptocurrency industry by simplifying investments and potentially boosting wider adoption.
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