xAI buys 1-million-square-foot Memphis property for supercomputer expansion

xAI’s new facility includes an $80 million water recycling plant and the largest deployment of Tesla Megapacks for data centers

EU defends Digital Markets Act as non-targeted at U.S. tech firms

DMA applies to any company meeting the criteria of a "gatekeeper" in the European Union, regardless of its country of origin, says EU officials

Meta, TikTok, and Snapchat urge Australia to reconsider YouTube’s social media exemption

The exemption allows YouTube to remain accessible to children through family accounts with parental supervision rights

U.S. court denies Musk’s request to halt OpenAI’s transition to for-profit model

OpenAI welcomes the court's decision, which allows it to continue its shift toward profitability

Trump proposes halting $52.7 billion semiconductor subsidies

Trump suggests that eliminating the law would be a better use of the funds to reduce the national debt

General Motors hires first Chief AI Officer to enhance vehicle technology

Barak Turovsky will join GM's software and services engineering team, reporting to Dave Richardson, SVP of the department

DeepSeek’s chatbot embraced in China, despite global privacy concerns

The emergence of companies like DeepSeek demonstrates innovation and inclusiveness in China's technological development, says Chinese official

TSMC plans five new semiconductor plants in the U.S

This announcement follows TSMC’s plan from April last year to increase its U.S. investment from $25 billion to $65 billion

Amazon’s $17 billion Spain project integrates AI for disaster prevention

The move follows severe floods that hit Valencia four months ago, underscoring the region’s vulnerability

Amazon Web Services to invest $8.2 billion in India’s Maharashtra

India’s cloud services market, valued at $8.3 billion in 2023, is projected to grow to $24.2 billion by 2028

China’s Zhipu AI raises over 1 billion yuan as AI competition heats up

The investment comes as DeepSeek gains traction with open-source AI models challenging Western rivals at lower costs

Singapore probes Nvidia chip shipments to Malaysia as U.S. tightens export controls

The probe follows reports of arrests linked to the alleged procurement and shipment of these chips in violation of U.S. sanctions

China’s Honor announces $10 billion AI investment over five years

China’s local governments and businesses, including home appliance makers, are integrating AI or expanding their research efforts

What is Tania Aidrus’ Dbank up to now?

On 13 January 2023, after a wait of nine months, the State Bank of Pakistan (SBP) finally unveiled the five successful applicants...

Pakistan among top countries imposing internet shutdowns in 2024: report

Digital restrictions cost the country $1.62 billion, raising concerns over press freedom and democratic rights