China Leads Generative AI Patent Race; Tencent and Baidu Top List
China led in inventions with 38,210 from 2014 to 2023, surpassing the U.S. (6,276), Republic of Korea (4,155), Japan (3,409), and India…
Tesla Short Sellers Lose $3.5B After Deliveries Report
Tesla shares surged this week following a better-than-expected second-quarter deliveries report, causing significant losses for short sellers…
J2 Ventures Raises $150M for Military Healthcare Fund
J2 Ventures, a firm predominantly led by U.S. military veterans, announced on Thursday that it has raised a $150 million second fund to…
Indian Officials Visit Foxconn, Question Hiring
An official said Indian labor inspectors visited a Foxconn factory in the south this week and questioned executives about the company’s…
Stellantis, CEA Partner on EV Battery Research
Wednesday saw Stellantis, which owns Peugeot, Fiat, and Chrysler, combine with the French state’s CEA research organization to develop…
EU Consortium to Develop Efficient Satellite Navigation Sensors
On Thursday, a consortium that receives funding from the European Union (EU) announced that it is in the process of creating sensors that will…
Vitalik Buterin Backs Faster Ethereum, EIP-7732 Offers Hope
Ethereum engineers introduced EIP-7732 to speed up the network and enhance block validation The proposal separates the process into consensus…
Nigeria to Open AI, Blockchain Research Centers Nationwide
The National Information Technology Development Agency (NITDA) of Nigeria plans to establish research centers on AI, IoT, and blockchain…
Biden Revokes 8 Huawei Licenses in 2024
According to Reuters, the Biden administration has revoked eight licenses this year that permitted some companies to transport items to Huawei…
EU Targets China’s Temu, Shein with Import Duty
The Financial Times reported on Wednesday that three sources told them the EU is considering levying customs tariffs on cheap goods from…
Musk to Speak at Shanghai WAIC
According to an agenda that was published prior to the event, Elon Musk will be one of the keynote speakers at the opening ceremony of the…
Telegram Enables Paid Content Sharing in Channels
Last month, Telegram introduced a digital currency known as Stars for in-app use and the company is currently expanding its use cases to…
Figma Disables AI Design Tool Copying Apple’s Weather App
Dylan Field, the CEO of Figma, has announced that the business will temporarily stop its “Make Design” AI tool, which was…
Bitcoin Activity Hits Lowest Since 2010
According to onchain data from IntoTheBlock, the proportion of active Bitcoin addresses has decreased to its lowest level since November 2010…
Google Launches AI Program for Public Infrastructure
The tech giant Google, recently released a new startup program with major focus on bringing AI to public infrastructure Google’s most…
Amazon Hits $2 Trillion Market Value For The First Time
Amazon crossed the $2 trillion market cap during intraday trading on Wednesday, joining tech giants like Nvidia, Apple, Alphabet, and…
Europe To Send Data Centers into Space, Study Confirms possible
The EU’s $2.1 million ASCEND study found space-based data centers feasible, potentially reducing the over 1,000 terawatt-hours of power…
LinkedIn Co-Founder’s Startup KarmaCheck Raises $45M
KarmaCheck, a background-checking startup founded by Eric Ly, a co-founder of LinkedIn, has secured $45 million in a funding round led by…
Chinese-owned Nexperia invests $200M in Europe
Nexperia, a leading maker of diodes and transistors, announced Thursday that it would invest $200 million to boost capacity at its Hamburg…
‘BlackSuit’ Hacker Hits CDK Global, US Car Dealers
The newest ransomware attack by ‘BlackSuit’ hackers on CDK Global, a software company, impacted auto dealership operations…