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Companies
Top tech news stories: March 19, 2024
Bitcoin slips further below $68,000, adding to weekend losses, Grab adds crypto top-ups to GrabPay and other tech news.
Leaders
Rebellions seek to become the first Korean startup AI chips company
OUR TAKE The global semiconductor industry has seen a surge in demand for AI chips, fuelled by the popularity of US start-up OpenAI’s ChatGPT.The establishme…
Leaders
US tech sector cuts 50K jobs while AI field expands
Tech layoffs spike in 2024, with over 50,000 job losses; AI engineer salaries rise, averaging $190,000, signalling industry growth.
Leaders
Apple pays $490M over CEO Cook’s false China sales comments
Apple settles $490M lawsuit alleging CEO misled investors on China performance, amidst 24% iPhone sales drop and Huawei’s 64% surge.
Companies
African internet outage was caused by subsea cable break
MainOne, a major West African data centre provider, links recent internet outage to a submarine cable rupture, ruling out human involvement.
Companies
xAI open-sources base model of Grok without any training code
Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code and wasn’t tuned particularly.
Companies
Microsoft’s data centre consumes massive amount of water
OUR TAKEThe excessive water and energy consumption by AI data centres, like Microsoft’s in Arizona, raises sustainability concerns. The rapid growth of AI, c…
Companies
True IDC invests $280m in Thailand’s AI-ready data centres
True Internet Data Center Company Limited, known as True IDC, commits over 10 billion baht ($278 million) to expand its data centre and cloud services in Tha…
Companies
BDx Indonesia proudly joins NVIDIA’s AI cloud initiative
BDx Data Centers is proud to be associated with Indosat Ooredoo Hutchison and Lintasarta, its BDx Indonesia joint venture partners, in the historic collabora…
Companies
Equinix and Private AI: Safeguard data, maximize control
Milind Wagle, CIO of Equinix: Learn how to leverage AI while safeguarding privacy and retaining control over your data While the advantages of AI are evident…
Institutional
SpaceX secures $1.8B to develop covert US spy satellite network
SpaceX, led by Elon Musk, initiated the development of a surveillance satellite network in collaboration with a U.S. intelligence agency.
Companies
Horizontal vs portrait: How should we hold our phones?
The landscape vs portrait video debate persists, posing challenges for creators and platforms seeking seamless integration.
Companies
Tencent Launches Innovative AI Video Tool ‘Follow-Your-Click’
OUR TAKEUnlike ChatGPT, Tencent’s Follow-Your-Click combines images with simple text prompts that can be converted into short video clips with a single click…
Companies
Chinese selfie app Meitu finds a new way while using artificial intelligence
OUR TAKEMeitu hailed the success of its refocus on artificial intelligence (AI) following a series of misfired bets ranging from cryptocurrencies to smartpho…
Companies
Top tech news stories today: March 18, 2024
Stay informed with news covering moves by SpaceX, tech industry updates from Microsoft, and legal battles involving Apple and Meta.
Companies
China: World’s first truly cashless society?
China stands as a pioneer in the adoption of cashless transactions, driven by industry giants with Alipay and WeChat Pay leading the charge.
Companies
Oracle adds generative AI features to finance, supply chain software
OUR TAKEOracle’s decision represents a significant advancement in enterprise technology. By leveraging AI capabilities, Oracle helps customers improve decisi…
Companies
Juniper adds AI-native advancements for networking solutions
Juniper Networks revamps its partner program for AI-driven services, boosting its market position ahead of its $14B acquisition by HPE.
Companies
Payment firm Ryft adds Amex for UK ecomm companies
U.S. payment company Ryft partners with American Express, aiming to bolster payment options for UK eCommerce merchants by Amex cards.
Companies
OpenAI expands media ties with news partners for chatbot training
OpenAI teams up with the media and publication businesses Prisa Media and Le Monde, aiming to enhance news delivery and model training.