Time magazine has once again unveiled its prestigious list of the 100 most influential companies in the world for the year 2023. As tradition dictates, these companies are divided into five categories: leaders, movers, innovators, titans, and pioneers. Among this year’s distinguished honorees, it comes as no surprise that artificial intelligence startups have taken center...
Samsung, the tech giant renowned for its global manufacturing presence, is expanding its horizons to Egypt. The country is soon to join the list of nations where Samsung smartphones are manufactured, signaling a significant shift in the tech industry landscape. Confirmed by Egypt’s Ministry of Communications and Information Technology, Samsung is in the process of...
Meta, formerly Facebook, has revealed its latest AI innovation, Voicebox AI, a powerful tool designed to generate spoken speech based on textual input. This development represents a significant stride in enhancing the capabilities of voice assistants and AI-powered conversational systems. Voicebox AI operates on a model similar to OpenAI’s ChatGPT and DALL-E, but instead of...
In a startling turn of events, Bitcoin, the cryptocurrency juggernaut, plunged below the $25,000 mark for the first time in three months, stirring up a whirlwind of speculation and concern among investors. The drop, which occurred on June 15, was nothing short of dramatic, as Bitcoin’s value plummeted by 4% in just 30 minutes, sliding...
Surprising the market with a quarterly profit, chip maker Intel (INTC.O) showcased its resilience amidst a downturn in the PC market. The forecast of higher third-quarter earnings, surpassing Wall Street expectations, led to a notable 6 percent surge in its shares. The pandemic had led to a slump in the PC market, resulting in excess...
Intel is on the cusp of a chipmaking revolution with PowerVia, a groundbreaking approach to delivering power to chips that required a fundamental reimagining of both chip manufacturing and testing. Traditionally, computer chips have been constructed layer by layer, starting with the smallest components and adding increasingly larger layers of wiring and interconnects. This approach...
In a significant move towards bolstering its augmented reality (AR) endeavors, Apple has successfully acquired Mira, a pioneering AR startup with high-profile contracts. The acquisition, whose financial details remain undisclosed, showcases Apple’s strategic vision in AR technology. Mira, which has previously raised approximately $17 million, had contracts with influential entities, including the US military and...
In a groundbreaking move, the US Food and Drug Administration (FDA) has granted Neuralink, founded by Elon Musk, permission to commence human trials for its revolutionary brain-computer interface (BCI) technology. This decision comes amidst ongoing investigations into alleged violations of the Animal Welfare Act by Neuralink. Initially, Musk’s application, submitted in March, was rejected by...
In a surprising revelation, Bobby Kotick, the CEO of Activision Blizzard, recently disclosed that the gaming giant had once set its sights on acquiring Time Warner, the parent company of Warner Bros. and HBO. Kotick shared that this ambitious plan was in motion as a backup option in case AT&T’s $85.4 billion acquisition of Time...
IBM, a pioneer in quantum computing, is embarking on an audacious quest to develop a quantum machine boasting a staggering 100,000 qubits within the next decade. This ambitious endeavor was unveiled at the G7 summit held in Hiroshima, Japan, where IBM disclosed its collaboration with the University of Tokyo and the University of Chicago on...
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