Arm Holdings Plc has decided to cancel the architectural license agreement that allowed Qualcomm Inc. to utilize its intellectual property for chip design. This decision comes after Arm issued a 60-day cancellation notice, sparking concerns about the implications for the smartphone and personal computer industries. The architecture license, pivotal for Qualcomm, enables the company to create proprietary chips based on…
The Biden administration is exploring potential restrictions on the sale of advanced artificial intelligence (AI) chips produced by companies such as Nvidia Corp. and Advanced Micro Devices Inc. (AMD). According to sources familiar with the discussions, these proposed measures would establish export licenses on a territorial basis, reflecting national security interests. Focus on Strategic Hubs The plan aims to implement…
Amazon has introduced a range of new tools and features for advertisers, focusing on artificial intelligence (AI), its Demand-Side Platform (DSP), and comprehensive insights, as unveiled at its annual UnBoxed conference. These enhancements reflect Amazon’s effort to maintain its leading role in the retail media sector by helping advertisers streamline campaigns and optimize ad performance across its vast ecosystem. AI-Powered…
BlackRock's assets under management have soared to an unprecedented $11.5 trillion, propelling its shares to a new all-time high. This surge reflects the world’s largest money manager's strong performance amid a rally in global markets, attracting a remarkable influx of new capital from investors. The latest earnings report revealed a 15% increase in revenues, reaching $5.2 billion, which exceeded analysts'…
Tesla CEO Elon Musk took the stage in California on Thursday to unveil his ambitious vision for a future where self-driving cars roam the streets and robots walk among us. Describing this as an “age of abundance,” Musk promised a future filled with excitement, where vehicles have no steering wheels, and parking lots transform into parks. The star of the…
A recent report has revealed that spot Bitcoin exchange-traded funds (ETFs) now account for 5% of the total Bitcoin supply, underscoring growing institutional interest in the cryptocurrency. According to Bitcoin Magazine, as of October 5, spot Bitcoin ETFs collectively manage over 911,000 BTC. This surge is a positive indicator of the increasing acceptance and adoption of Bitcoin in traditional financial…
Messaging platform Telegram is set to change its stance on user data privacy, as CEO Pavel Durov announced the app will now provide IP addresses and phone numbers to relevant authorities upon valid legal requests. This significant policy shift aims to deter criminals from exploiting the platform, as Durov detailed in a recent post on Telegram. This announcement comes in…
The management of Tesla’s gigafactory in Berlin-Brandenburg has come under fire for sending managers to the homes of employees on long-term sick leave. According to plant director André Thierig, the move is intended to “appeal to employees’ work ethic,” but it has instead incited backlash from the plant’s union, IG Metall, which sees the tactic as an invasion of privacy…
Meta is redefining the smart glasses experience with the latest updates to its Ray-Ban line, pushing the boundaries of wearable technology. At the recent Connect conference, the company unveiled exciting new features aimed at making these glasses not just a fashion statement, but a practical tool for everyday life. With the new “Reminders” feature, your smart glasses can now take…
Sam Altman, the CEO and co-founder of OpenAI, shared his ambitious vision for a future shaped by artificial intelligence. Describing a world "so bright that no one can do it justice by trying to write about it now," Altman's insights reflect both hope and the challenges that lie ahead in the realm of AI. A Leap Toward Superintelligence Altman asserts…
