The relationship between Microsoft and OpenAI has taken an interesting turn recently. Microsoft, in its latest annual report, has now listed OpenAI as one of its competitors. This comes as a surprise to many considering that Microsoft has been a long-time partner and investor in OpenAI. The exclusive cloud provider relationship and the significant investment
Enterprise
In a groundbreaking announcement, Uber and BYD have unveiled a strategic partnership that aims to revolutionize urban mobility with electric vehicles. This partnership will not only provide drivers on the ride-hailing platform with pricing and financing deals for BYD’s electric cars but also pave the way for the development of autonomous-capable vehicles for Uber’s platform.
Russia is currently exploring the idea of legalizing the use of cryptocurrency for international payments, as a response to the financial pressure imposed by Western sanctions. The State Duma, which is the lower house of the Russian Parliament, is set to consider a law that would allow for international payments to be made using cryptocurrencies.
Apple made headlines recently when it announced that its artificial intelligence models for Apple Intelligence were pretrained on Google’s Tensor Processing Units (TPUs). This decision raised eyebrows in the tech world, as it indicated a shift away from Nvidia’s GPUs, which have long been the go-to choice for high-end AI training chips. The details of
As the final week of July began, cryptocurrencies experienced a surge in value as traders absorbed various political events that occurred over the weekend. Bitcoin saw a 2% increase, reaching $69,640.00, while Ether rose by 3% to $3,382.15. This uptick in prices comes after a week where Bitcoin gained 1% and Ether dropped by 7%.
During his keynote speech at the biggest bitcoin conference of the year in Nashville, former President Donald Trump hinted at the idea of establishing a U.S. bitcoin strategic reserve. This proposal raised eyebrows and sparked discussions within the cryptocurrency community. However, upon closer examination, Trump’s plan falls short of what some crypto enthusiasts were anticipating.
Former president Donald Trump recently made headlines by headlining the biggest bitcoin conference of the year in Nashville. This move marks a significant shift in Trump’s stance towards cryptocurrency, as he was previously known to dismiss bitcoin during his time in office. With the Republican presidential nominee now taking the main stage to directly address
Memory chip giant SK Hynix has announced its plans to invest 9.4 trillion Korean won to build a new semiconductor manufacturing plant in South Korea. The new fabrication plant, to be located in the Yongin Semiconductor Cluster just south of Seoul, is part of the government’s efforts to develop a massive complex of chip operations
Apple, once a dominant player in the Chinese smartphone market, has recently been edged out of the top five smartphone vendors list in the region. According to a report by Canalys, Apple’s market share in China saw a decline to 14% in the second quarter, down from 15% in the previous quarter and 16% a
Elon Musk, the CEO of Tesla, recently posted an informal poll on social media platform X, asking whether his company should invest $5 billion into his newest startup, xAI. This poll was shared shortly after Tesla reported its second-quarter earnings, which fell short of analysts’ expectations for the fourth consecutive quarter. While Tesla’s core automotive