Apple partners with Foxconn to build AI server factory in Texas
The company aims to add 20,000 research and development jobs across the US as part of its broader investment strategy
Nvidia’s AI chip demand under scrutiny as DeepSeek disrupts market
Nvidia benefits most from AI investments, while DeepSeek's low-cost models raise doubts about its pricey chips
Qatar signs deal with Scale AI to use AI to boost government services
The deal allows Qatar's government to adopt tools such as predictive analytics, automation and advanced data analysis
Elon Musk’s Starlink faces competition as China plans 15,000 satellites
China launches a record 263 LEO satellites in 2024 as it competes with Starlink, which operates over 7,000 satellites and plans to expand to 42,000 by decade’s end
Alibaba to invest $52.4 billion in AI and cloud computing over three years
Alibaba's planned investment surpasses its total spending on AI and cloud computing over the past decade
OpenAI bans accounts tied to China and North Korea for malicious AI activity
Authoritarian regimes try to leverage AI against the U.S. and their own people and uses AI tools to detect such operations, says OpenAI
Apple disables end-to-end encryption for iCloud backups in UK
The move ends end-to-end encryption for iCloud backups in the UK, allowing Apple to access user data and share it with authorities if required
Meta trims employee stock options by 10% while raising executive bonuses
Amid record stock highs, Meta cuts equity grants for employees but boosts executive bonus targets to 200%
Pakistan’s mobile phone imports decline 12% in 7MFY25
On a year-on-year basis, mobile phone imports fall 30.66% in January 2025 to $135.127 million from $194.866 million in January 2024
Trump plans talks with China over TikTok ownership dispute
There's a lot of people interested in TikTok, and we have a chance to do something good by keeping it alive, says Trump
Microsoft unveils Majorana 1 chip to advance quantum computing
The company says the chip reduces errors in quantum calculations, making quantum computing a near-term breakthrough
Apple’s first in-house modem sets stage for Qualcomm phase-out
The chip debuts in the $599 iPhone 16e, with Apple planning to expand its use across future devices
iPhone 16e debuts as Apple’s cheapest new model, replacing iPhone SE
The launch comes at a pivotal moment as Apple looks to revive iPhone sales, which have declined 2% since peaking at $205.5 billion in 2022
Apple set to launch iPhone SE 4 today
Pre-orders are expected to begin on February 23, 2025, with deliveries starting from March 1
Elon Musk’s X in talks to raise funds at $44 billion valuation
The talk comes as Musk’s businesses rise post-Trump’s victory, with Tesla up 40%, SpaceX at $350 billion, and xAI seeking $10 billion