Tag: ai

Strong Earnings from Micron and Qualcomm Boost Chipmakers’ Market Value by $400 Billion

Micron and Qualcomm’s upbeat financial results lifted chipmakers’ market capitalization by $400 billion, reinforcing confidence in AI components demand.

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Micron Technology Reports Sharp Profit Margin Increase Amid AI Demand Surge

Micron Technology’s profit margin soared to 84.9% year-over-year, driven by strong AI demand boosting memory prices.

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New Study Shows Children Rely More on AI Than Adults for Advice

A recent survey finds that nearly 90% of kids aged 9-17 turn to AI for help before parents or teachers.

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OpenAI Codex Logging Issue Causes Excessive SSD Wear in Users’ Devices

OpenAI Codex’s excessive data logging has been linked to accelerated SSD wear, potentially reducing the lifespan of users’ drives.

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Prices for Nvidia’s Sanctioned AI Chips More Than Double on China’s Black Market

Nvidia’s restricted AI accelerator chips have seen their prices surge over 100% on China’s black market amid ongoing US export controls.

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Yandex’s Autonomous Truck Completes 700-Kilometer Journey in Russia

Yandex’s autonomous truck recently completed a 700-kilometer trip in Russia with safety measures in place.

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MIT Develops Ultra-Low Power Navigation Chip for Small Drones and AR Devices

MIT engineers created the Gleanmer chip, enabling real-time 3D mapping for tiny robots and AR glasses at just 6 mW power consumption.

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Oracle Cuts Workforce by 14% Amid Evolving AI Business Strategy

Oracle reduced its workforce by 21,000 employees last fiscal year, reflecting a major reshaping linked to its growing AI business segment.

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SK hynix Surpasses Samsung Electronics as South Korea’s Most Valuable Company Amid AI-Driven Market Shift

SK hynix has overtaken Samsung Electronics to become South Korea’s most valuable publicly traded company, driven by growth in the AI chip market.

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Xiaomi YU7 GT Completes Nürburgring Lap in Just Over 10 Minutes Using Only Autopilot

Xiaomi’s YU7 GT sports car completed a Nürburgring lap in slightly more than 10 minutes relying solely on its autonomous driving system.

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Companies Reassess Generative AI Investments as Costs Rise and Implementation Slows

Rising expenses linked to generative AI adoption prompt firms to rethink financing strategies, leading to slower deployment in many cases.

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Study Highlights Safety Concerns Over AI-Powered Humanoid Robots

Researchers warn that AI-driven humanoid robots may act beyond human control, urging greater focus on safety measures in development.

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