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Google’s Environmental Report: AI Increases Emissions by 48%

Google’s greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report. The tech giant attributes this rise to the increasing energy demands of its data centres, driven by the explosive growth of artificial intelligence (AI). AI-powered services require significantly more computing power—and therefore more electricity—than standard online activities,...

Amazon’s AI Innovations Push Market Value Beyond $2 Trillion

Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever, driven by an artificial intelligence-fueled rally that has pushed the tech giant deeper into record territory. Shares rose 3.9% on Wednesday to close at $193.61, elevating the company’s market value to over $2 trillion. This milestone places Amazon in an elite...

AI Bubble Bursts? Micron Shares Dive Amid High Expectations

Micron Technology Inc.’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on artificial intelligence chipmakers. Days after leading AI chipmaker Nvidia Corp. saw nearly half a trillion dollars wiped off its market value, Micron shares fell about 8% in extended trading following a forecast that fell short of...

YouTube to Request Tracking Permissions for Personalized Ads on iOS

YouTube will soon prompt iOS users to opt into more personalized advertising by allowing tracking across other apps and websites. This move aligns with Apple’s App Tracking Transparency (ATT) policies introduced in iOS 14.5, which require apps to get explicit user consent for broader tracking. New Consent Mechanism on iOS Starting soon, YouTube will introduce...

Wang Chuanfu: The Engineer Behind BYD’s EV Dominance

At the headquarters of BYD Co. in Shenzhen, a wall crammed floor to ceiling with about a thousand framed patents showcases the more than 30,000 innovations that the electric-vehicle maker’s billionaire founder, Wang Chuanfu, and his team of engineers have devised. These patents, which include breakthroughs like the low-cost lithium-iron-phosphate battery used by rivals such...

Analyst’s Bold Call: Nvidia on Track for $5 Trillion Market Cap Next Year After Record-Breaking Growth

Shares of NVIDIA Corporation have skyrocketed by more than 200% over the past year, fueled by relentless investor enthusiasm and a bullish outlook from top analysts. This rally has positioned NVIDIA as a formidable contender in the semiconductor industry, with projections suggesting its market value could reach an unprecedented $5 trillion within the next year....

Legal Drama Unfolds as Samsung Challenges Oura Over Smart Ring Patents

Samsung isn’t waiting around for Oura to file any patent claims over its forthcoming smart ring. Instead, it’s preemptively filed its own suit against Oura, seeking a “declaratory judgment” that states the Galaxy Ring doesn’t infringe on five Oura patents. The suit alleges that Oura has a pattern of filing patent suits against competitors based...

AI-Powered Apple Overtakes Microsoft as World’s Most Valuable Company

Apple Inc. has once again secured its position as the world’s most valuable company, surpassing Microsoft in a dramatic stock surge. On June 12, Apple’s shares (AAPL) soared nearly 4% to a record high of $215.04, propelling its market valuation to an impressive $3.29 trillion. This leap positioned Apple ahead of Microsoft, whose market capitalization...