South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister has said, after setting its sights on winning a “war” in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets
Food waste is so prolific in the USA that roughly one-third of the amount produced ends up in landfills rather than stomachs. That adds up to excess production, packaging, storage and delivery requirements, all negatively contributing to climate change. A recent study published in the journal Science found food production accounts for 26% of global
Changpeng Zhao, the former chief executive of Binance, has been sentenced to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange. Once considered the most powerful crypto industry figure, Zhao, known as “CZ,” is the second major crypto boss to be sentenced to prison.
Siemens Mobility is upgrading the entire 170km long S-bane network in Denmark’s capital Copenhagen to the highest grade of automation (GoA4 technology) to enable unattended train operations starting with the first phase in 2030. Siemens claims this will make the new S-bane the world’s largest automatic urban railway. Respective contracts have been signed with Banedanmark
The USA Senate voted by a wide margin late in favour of legislation that would ban TikTok in the United States if its owner, the Chinese tech firm ByteDance, fails to divest the popular short video app over the next nine months to a year. Driven by widespread worries among USA lawmakers that China could
Google is changing in big ways with its Pixel and Android teams set to merge. With Artificial Intelligence (AI) taking over at the Alphabet-owned company, CEO Sundar Pichai announced that there will be a substantial internal reorganisation. He even sent a memo highlighting that the teams working on Android, Chrome and Chrome OS will be
The technology solution industry plays a pivotal role in shaping the modern landscape by providing innovative solutions to complex challenges faced by businesses across various sectors. It encompasses a wide range of services, from software development and data management to project and product management. In this dynamic environment, leaders like V Amrutha, Head of Product
In a bid to improve the well-being of its workforce, Apple has unveiled plans to construct housing units for its factory employees in India. Over the past two-and-a-half years, Apple has played a crucial role in job creation in the country, with more than 150,000 direct jobs generated. Now, the focus has been shifted towards
Tesla CEO Elon Musk on Monday predicted that development of artificial intelligence (AI) that was smarter than the smartest human probably by next year, or by 2026. In a wide-ranging interview on X spaces that suffered multiple technology glitches, Musk also told Norway wealth fund CEO Nicolai Tangen that AI was constrained by the availability
BEEAH revealed that its AI Executive is being developed on a proprietary Language Learning Model (LLM), capable of simplifying complex, historical data into meaningful insights that will inform and empower employees from the leadership to senior executives and their teams to make decisions in their relevant functions or industries. As an LLM, the AI Executive
