In a draft policy document published on Wednesday, the Beijing Municipal Bureau of Economy and Information Technology said the city will provide an undisclosed amount of subsidies to help local firms buy graphics processing units (GPUs) made by domestic manufacturers...
Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.Seth Wenig | APIntel's long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors...
Beijing-based ByteDance late on Thursday rejected a report by US digital publication The Information, which said that it was “exploring scenarios” to sell a majority stake in TikTok’s US operations to firms outside the technology industry and without the algorithm...
HONG KONG, April 26 — The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the US ordered its Chinese owner, ByteDance, to sell the app’s US assets or face...
In an aerial view, brand new Tesla cars sit parked in a lot at the Tesla Fremont Factory on April 24, 2024 in Fremont, California.Justin Sullivan | Getty ImagesFormer Tesla executive Drew Baglino, who announced his resignation earlier this month,...
HONG KONG — TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the US, four sources...
The US Federal Communications Commission said on Thursday it is ordering the US units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States.The FCC said it was requiring the...
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC.Alex Wong | Getty ImagesMark Zuckerberg started Meta's earnings call by talking about artificial intelligence. Then he moved...
SK Hynix said it expects a full recovery in the memory market after artificial intelligence (AI) demand spurred the chip maker to log its fastest pace of revenue expansion since at least 2010.Sales at the world’s No 2 maker of...
META Platforms investors must ask themselves one thing about Mark Zuckerberg: Do they trust him?Expectations were high for the first quarter after the wild success of the fourth last year, which spurred the biggest value gain in the history of the US...
