Following South Asian revenue growth, Foxconn will invest $1.54 billion in India, the latest expansion plan. Foxconn said in a stock exchange filing that the investment will meet “operational needs.” The investment comes two months after the Taiwanese company announced it would double its Indian workforce and investment by next …
Read More »
Generative AI and how it accelerates consumer software and products are hot topics in artificial intelligence. Two theoretical physicists and a Formula One engineer co-founded PhysicsX, an AI startup that is now operating out of stealth to create and manage enterprise physical systems. London-based PhysicsX has developed an AI platform …
Read More »
Podcasts are available here or elsewhere. Welcome back to Equity, the startup business podcast, where we analyze the numbers and nuance behind the headlines. Our Monday show covers weekend tech news and early-week headlines. Today was not all about OpenAI; you’ll be glad to know. We took on weekend news …
Read More »
Two weeks ago, the U.S. Justice Department completed its evidentiary phase in its Google antitrust trial, with closing arguments scheduled for May 2024. Can an industry giant legally engage in anticompetitive business practices if they improve its product and its customers’? Apparently, Judge Amit Mehta has “no idea” how he …
Read More »
Elon Musk’s implantable brain wave reading chip company, Neuralink, has raised $43 million in venture capital, according to an SEC filing. According to this week’s filing, the company increased its early August tranche, which Peter Thiel’s Founders Fund led, from $280 million to $323 million. The filing lists 32 investors. …
Read More »
ByteDance’s gaming ambition was costly and short-lived. In late 2021, the TikTok parent company announced that video games would be one of its six core business units, threatening Tencent, NetEase, and rising star MiHoYo. After two years of poor performance, Nuverse, the gaming department, is drastically scaling back its operations, …
Read More »
On X, formerly Twitter, Elon Musk said headlines will be shown in preview cards with URLs again after removing titles last month. Musk announced on X that a URL Card update will display the title in the upper portion. He didn’t provide a rollout timeline or card example. The Tesla …
Read More »
Instagram CEO Adam Mosseri announced Wednesday that it now lets users worldwide download public reels. Before this update, you could only save reels to Instagram for later viewing. Mosseri said on his Instagram broadcast channel that downloaded reels will have a TikTok-like account name watermark. Tap share and download to …
Read More »
Four months after launching on Windows, Swiss privacy-focused company Proton launched its end-to-end encrypted (E2EE) cloud storage service for Mac. Nine years ago, Proton focused on Gmail alternatives like Proton Mail, but now it offers VPNs, password managers, calendars, and cloud storage. After launching Proton Drive on the web in …
Read More »
Tech companies hoarded high-performance GPUs before Washington banned their exports to China in anticipation of a tech war. In an earnings call this week, Baidu CEO Robin Li said the company has enough AI chips to train Ernie Bot for “next year or two.” “Inference requires less powerful chips, and …
Read More »
Tech Gadget Central Latest Tech News and Reviews