Apple plans to open its first store in Malaysia next month, the company has said, underscoring a bigger push into the Asia region beyond China. The store will be located at The Exchange TRX mall in the Malaysian capital of Kuala Lumpur. It will open on June 22 at 10 am local time, Apple said.
Saudi Arabia’s Prince Alwaleed Bin Talal and Kingdom Holding Company (KHC) have doubled down on Elon Musk, emerging as backers of the tech billionaire’s start-up, xAI. In a blog post on the official xAI website, names of key investors included the chairman of KHC, along with the company, which is listed on the Saudi stock
Luna Systems, a specialist in AI-powered safety solutions for micromobility, has announced a crowdfunding campaign for what it claims is a groundbreaking product. Launching on June 5, Luna Oculus consists of a compact, rear-mounted camera that seamlessly connects to a smartphone app. The system functions as an AI-powered “rear view mirror”, alerting riders when rear
China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run companies registry. The hundreds of billions of yuan invested in the sector is part of President Xi Jinping’s drive to achieve self-sufficiency for
Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries recently endorsed a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life. The European Union’s AI Act is more comprehensive than the United States’ light-touch voluntary compliance approach while China’s
, backed by new investors Hedosophia, NVentures (NVIDIA’s venture capital arm) and Zendesk, with follow-on investments from Khosla Ventures, Georgian, Point72 Ventures, Sands Capital and Passion Capital. With this raise, PolyAI has now secured over €110 million in funding. The up round indicates VCs are sharing this enthusiastic vision. Vinod Khosla, the founder of Khosla
In a rapidly evolving landscape where technology and leadership intersect to shape the future, Jayanta Lahiri emerges as a beacon of clear vision and pragmatic insights into technology’s societal impact. As the CEO and Global Chief Advisor of CIOAdvisory.ai, he has successfully navigated numerous leading consulting and technology-service firms through the intricate journey of digital
Qatar’s Ministry of Transport has announced plans to test the services of the electric air taxi and electric delivery planes in early 2025. In a statement, the Ministry said that it had applied for all the necessary approvals and coordination matters with the Qatari bodies concerned, to go ahead with such test runs. This step
Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone’s throw away from Apple shops, as it seeks to retake the premium electronics throne in the world’s biggest smartphone market. Situated directly across from Apple’s Shanghai flagship store, Huawei’s recently renovated shop spans three floors of a
Video sharing platform Rumble has said that it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit alleges Google has monopolised the ad stack “by buying companies up and down the chain, concurrently representing both ad buyers
