China likely to ditch unified AI legislation due to ‘considerable disagreement’, timing

Zheng made the remarks last Friday in Beijing on the sidelines of the Confucius and Aristotle Symposium on Ancient Wisdom for Modern Challenges, which was jointly hosted by the Tsinghua Institute for Advanced studies in Humanities and Social Sciences, the UN Sustainable Development Solutions Network, and the Mencius Foundation. China has been drawing up its … Read more

ASML earnings report Q2 2024

ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023. Piroschka Van De Wouw | Reuters ASML reported second-quarter earnings and sales that beat forecasts as it continues to see a recovery in demand for its machines that are required to make the world’s most advanced chips. Here’s how ASML did versus … Read more

Semiconductor equipment giant ASML’s order book expected to benefit from AI chip boom

ASML dominates the global market for lithography systems, complex tools that use lasers to help create the tiny circuitry of semiconductors. It is the only maker of lithography systems using extreme ultraviolet (EUV) wavelengths, needed by TSMC to make the most complex processors for smartphones and AI chips. Christophe Fouquet took over as president and … Read more

Trump’s VP pick Vance could have a market impact if they win—Beware Meta and Alphabet

Wall Street is weighing in on how Donald Trump ‘s pick for vice president could potentially influence some major policy decisions if the former president wins reelection. Trump named Ohio Senator J.D. Vance as his running mate Monday. Best known as the author of “Hillbilly Elegy,” a memoir that recounts his upbringing, Vance is also … Read more

Self-proclaimed bitcoin inventor Craig Wright referred to prosecutors

Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28, 2019. Saul Martinez | Bloomberg | Getty Images LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin, was on Tuesday referred to British prosecutors for committing alleged perjury. On … Read more

From David Sacks to Elon Musk, Silicon Valley’s Trump backers cheer JD Vance as VP pick

By Lizette Chapman and Anna Edgerton | Bloomberg Major Silicon Valley investors hailed Donald Trump’s choice of Ohio senator and former venture capitalist JD Vance as his running mate, a move that puts the technology industry closer to center stage in Washington if the former president takes the White House in November. Elon Musk called … Read more

Apple iOS 18 public beta released: How to install

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024. Bloomberg | Getty Apple on Monday released a preview version of its big new iPhone update. The iOS 18 public preview is a beta version of the software … Read more

GM’s 2025 EV production capacity target in doubt after Barra comments

General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily in doubt, following comments Monday by CEO Mary Barra. The production capacity target for next year was one of the last EV targets the automaker hadn’t lowered or withdrawn as demand for EVs … Read more

How AI and automation will reshape grocery stores and fast-food chains

AI isn’t just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend. Americans heading to the grocery store or their favorite fast-food restaurant will already have noticed the introduction of the new technology in such services as self-checkout kiosks and even AI ordering in drive-thru lanes. … Read more

Samsung Puts AI on the Finger With Galaxy Ring

Samsung may have cemented artificial intelligence’s place in a new frontier — namely the finger. The South Korean electronics giant is officially in the smart ring business now, with a debut wearable called Galaxy Ring that puts AI in jewelry form to power health and fitness monitoring. The company described the device as “a lightweight titanium … Read more