Day: March 19, 2024
U.S. Accuses Two Individuals of Theft of Tesla Trade Secrets
A Canadian man living in China was arrested in New York on Tuesday for allegedly trying to sell secret battery manufacturing technology belonging to Tesla, along with his business partner. Federal prosecutors in Brooklyn sought to detain Klaus Pflugbeil without bail for theft of trade secrets. He was apprehended after meeting with undercover agents on […]
Read MoreBiden’s Administration Expected to Unveil Major Financial Boost for Intel to Ramp Up Chip Production
President Biden is set to grant Intel a multibillion-dollar award to boost chip production in the United States. This move aligns with Biden’s economic policies and aims to strengthen the US semiconductor industry, reducing reliance on technology from East Asia. Intel, along with other chip makers like Samsung, Micron, and TSMC, will benefit from the […]
Read MoreMicrosoft Taps DeepMind Co-Founder to Lead Consumer A.I. Division
Mustafa Suleyman, a co-founder of Google’s DeepMind artificial intelligence lab, is leaving the start-up he was running to lead Microsoft’s consumer A.I. business, in another sign of Microsoft’s aggressive plans for the technology. Mr. Suleyman will report directly to Satya Nadella, Microsoft’s chief executive, the company said on Tuesday. Mr. Suleyman, whose start-up, Inflection AI, […]
Read MoreSaudi Arabia’s Ambitious $40 Billion Investment in Artificial Intelligence
Saudi Arabia plans to create a $40 billion fund for investments in artificial intelligence, making it the largest AI investor globally. The fund aims to diversify the nation’s economy and boost its influence in geopolitics. The Public Investment Fund of Saudi Arabia is in talks with Andreessen Horowitz and other financiers to establish this fund, […]
Read MoreApple Boosts Efforts to Influence Patent Rule Changes
Apple has been engaged in a battle with the U.S. International Trade Commission (I.T.C.) for violating patents in smartphones, semiconductors, and smartwatches. The company has had to remove a health feature from Apple Watches due to patent infringement and is now lobbying for changes to the agency’s rules. Apple is pushing for legislation that would […]
Read MoreApple and Google in Talks for Generative A.I. Integration on iPhones
Apple is in discussions with Google about using the search giant’s generative artificial intelligence model called Gemini for its next iPhone. The talks are preliminary, and the exact scope of a potential deal hasn’t been defined. Apple’s chief executive, Tim Cook, has promised investors that the company will introduce new generative A.I. capabilities later this […]
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