AI Battle Heats Up: OpenAI Introduces SearchGPT to Compete with Google

OpenAI, the innovative force behind ChatGPT, has unveiled a groundbreaking "SearchGPT" prototype, poised to challenge Google's dominance in the search engine market. Designed to blend the prowess of AI models with real-time web information, SearchGPT promises swift and relevant responses to online queries. The initial rollout targets a select group of users and publishers, aiming to gather crucial feedback. This…

Winning Isn’t for Everyone”: Nike’s Gritty New Olympic Campaign

The sportswear giant has positioned the Paris Olympics as a moment to reclaim “sharper and bolder” marketing. Nike’s latest advertising campaign for the Summer Olympics in Paris, “Winning Isn’t for Everyone,” champions the ruthless drive it takes to win. This bold campaign marks Nike’s strategic move to reestablish its presence with sharper and bolder brand marketing. The campaign, narrated by…

Major Global IT Outage Traced to CrowdStrike Software Glitch

As a result of the investigation regarding the global interruption in devices using the Windows operating system, it was determined that the outage is linked to the US-based cybersecurity firm CrowdStrike's software. The disruption was not caused by a cyber-attack, the Information Technologies and Communication Authority of Türkiye announced on Friday. "CrowdStrike is aware of reports of crashes on Windows…

Microsoft to invest 2.2 billion euros in Spain data centres

Microsoft is set to invest 2.2 billion euros ($2.4 billion) in a massive data center project in northeastern Spain, according to regional authorities. This ambitious venture is part of Aragon's strategy to become a leading hub for cloud storage. The announcement, which follows other plans unveiled by the US software giant, raises Microsoft's planned investment in Aragon to nearly 6.7…

IEA Report: Electricity Demand to Spike by 4% in 2024

State-owned power company China Three Gorges Renewables Group will build an 8 GW solar farm as part of a nearly $11 billion integrated energy project. This ambitious project underscores China's commitment to renewable energy and its determination to meet the surging global electricity demand, which is rising at its fastest rate in two decades, according to the International Energy Agency…

A Year in Review: How Threads Became the Fastest Downloaded App Ever

Threads, Meta's alternative to X (formerly Twitter), has reached 175 million monthly users a year after its unexpected launch. "What a year," Meta CEO and Facebook founder Mark Zuckerberg said Wednesday on Threads, celebrating the platform's significant milestone. Threads, which debuted on July 5 last year, is a spin-off of Instagram, designed to compete with X after the platform alienated…

TSMC’s Ascent: Key Insights into the Trillion-Dollar Semiconductor Powerhouse

Taiwan Semiconductor Manufacturing Company (TSMC) briefly joined the exclusive trillion-dollar valuation club, highlighting its dominance in the semiconductor industry. Here's a closer look at five essential aspects of TSMC: 'Godfather' of the Chip Industry TSMC was founded in 1987 by Morris Chang, an MIT and Stanford graduate with a prolific career in the U.S. tech industry. Taiwan's government aimed to…

Now You Can Stash Your Bitcoin Under Your Skin

Seattle-based VivoKey Technologies offers subdermal crypto wallets for safe cryptocurrency transactions using NFC and RFID technology. The thought of losing a crypto wallet full of Bitcoin, Ethereum, or the latest meme coin can give any investor nightmares. Seattle-based Dangerous Things and VivoKey Technologies have a novel way to keep your coins on you at all times: by putting them in…

LG Energy’s Profit Plummets Amid Global EV Slowdown

Battery maker LG Energy Solution Ltd.’s second-quarter profit fell short of analyst predictions, reflecting a broader deceleration in electric vehicle (EV) sales. Operating profit for the three months ending June 30 plummeted 58% from the previous year, landing at 195.3 billion won ($141 million), the Seoul-based company announced Monday. This figure fell significantly below the 282 billion won estimate compiled…

GLOBAL EV SALES SLOWDOWN HITS LG ENERGY’S QUARTERLY PROFIT

Samsung Electronics Co. has reported a remarkable increase in both sales and profit, marking its fastest growth in years. This surge is largely driven by a revival in memory chip demand fueled by the global acceleration of artificial intelligence (AI) development. The world’s largest manufacturer of memory chips and smartphones saw a 15-fold increase in operating profit, reaching 10.4 trillion won…