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Top tech stories today: January 15, 2024

FedEx to introduce a new platform, Mitsubishi enters the missile industry, and more top tech stories for today.

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Headline

FedEx to introduce a new platform, Mitsubishi enters the missile industry, and more top tech stories for today.

Context

Skip the hassle of searching online! We’ve rounded up the must-know global tech updates for January 15, 2024, keeping you in the loop. Stay effortlessly informed! CES 2024 falls short of the expected Generative AI hype. Companies struggled to translate ChatGPT’s excitement into gadgets, with AI devices like Humane’s facing layoffs. The auto industry embraced AI, while next year’s CES may spotlight more generative AI products. ( Reuters )

Evidence

Pending intelligence enrichment.

Analysis

CES 2024 showcases PC makers integrating AI features, particularly “neural processing units” (NPUs), to entice consumers into upgrading higher-end laptops. Companies like Dell, Lenovo, AMD, and Intel aim to tap into the AI trend, potentially challenging Apple’s market share. ( Reuters ) CoinShares International exercises an option to acquire Valkyrie Funds after the U.S. SEC approves Valkyrie’s spot bitcoin ETF. The acquisition involves approximately $110 million in assets under management from Valkyrie’s ETFs. ( Reuters ) Bitwise’s spot bitcoin ETF attracted $240 million on its first trading day, the highest among the 10 ETFs that debuted. Total trading across all products reached $4.6 billion on Thursday. ( Reuters ) Mitsubishi Heavy Industries (MHI) successfully launched the H-IIA rocket carrying Japan’s Information-Gathering Satellite (IGS) “Optical-8”. This marks the 48th launch of Japan’s flagship H-IIA rocket, achieving a success rate of 97.92%. ( Reuters )

Key Points

  • 1. CES 2024 is not the year of the AI gadget
  • 2. CES PC makers bet on AI to rekindle sales
  • 3. CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval
  • 4. Bitwise bitcoin ETF draws most inflows on first trading day, company says
  • 5. Mitsubishi Heavy launches H-IIA rocket carrying Japan’s spy satellite

Actions

Pending intelligence enrichment.

Author

Cassie Gong