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Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training Cluster
Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training ClusterOn July 10, reports surfaced that billionaire Elon Musk's artificial intelligence startup, xAI, has ended negotiations with Oracle for a $10 billion server agreement. xAI had been renting NVIDIA's AI chips from Oracle and sought to expand the existing deal...
Industry dynamics 2024-07-16 15:29:50 -
Generative AI Takes Over Smartphones: Samsung Leads, Apple Catches Up
Generative AI Takes Over Smartphones: Samsung Leads, Apple Catches UpOn July 11, 2023, Apple announced the integration of generative AI technology into its new iPhones, sending shockwaves through the tech world. However, Samsung, Apple's primary competitor in the smartphone arena, had a head start, offering similar experiences to users since January this year...
Industry dynamics 2024-07-16 15:29:23 -
Apple Watch to Receive Major Upgrade for 10th Anniversary, But Health Features May Be Delayed
Apple Watch to Receive Major Upgrade for 10th Anniversary, But Health Features May Be DelayedAs the fall of 2024 approaches, Apple is gearing up for the 10th anniversary of its iconic smartwatch, the Apple Watch. To celebrate this milestone, Apple is planning major upgrades for the Apple Watch lineup, including a larger display, a thinner body, and a new chip...
Industry dynamics 2024-07-16 15:28:58 -
Ferrari Goes Electric: Challenges and Opportunities Await
Ferrari Goes Electric: Challenges and Opportunities AwaitDespite a slowdown in the electric vehicle market, Italian luxury car maker Ferrari is pushing ahead with its electrification strategy, planning to launch its first all-electric model next year. To achieve this goal, Ferrari has invested 200 million in a new Electric Factory in northern Italy, an area almost twice the size of the Colosseum in Rome...
Industry dynamics 2024-07-16 15:28:39 -
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks21st Century Business Herald Intern Reporter Guo Congcong Beijing ReportRecently, China Postal Savings Bank (China Post Bank) issued a "Notice on Promoting the Governance of Customer Identity Information for Digital Yuan" (hereinafter referred to as the "Notice"). The Notice states that China Post Bank will take measures such as lowering transaction limits and restricting financial services for customers whose digital yuan wallets have incomplete personal customer identity information...
Blockchain 2024-07-04 14:15:06 -
Chinese Carmakers Poised to Capture 33% of Global Market Share by 2030
Chinese Carmakers Poised to Capture 33% of Global Market Share by 2030AlixPartners, a consulting firm, has released a report forecasting that Chinese carmakers are expected to capture 33% of the global automotive market share by 2030, driven by their continued aggressive expansion overseas.The report highlights that the remarkable growth of Chinese car manufacturers primarily stems from markets outside China...
Industry dynamics 2024-07-04 12:55:49 -
Apple's iOS 18 Slogan Sparks Controversy: Is "Really You" Really "Difficult to Understand"?
Apple's iOS 18 Slogan Sparks Controversy: Is "Really You" Really "Difficult to Understand"?Recently, Apple's Chinese website officially launched the introduction page for iOS 18, showcasing the new design and features of iOS 18 in detail. However, the phrase "Really You" used in the website's copy has sparked heated discussion and speculation among netizens and tech bloggers...
Mobile Internet 2024-07-04 12:55:19 -
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information Management
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information ManagementAs money laundering methods in the financial sector continue to evolve, relevant authorities need to adjust their business policies accordingly. Recently, Postal Savings Bank of China (PSBC) issued a notice on its official website stating that it will strengthen identity information management for digital RMB customers based on anti-money laundering policies and requirements...
Blockchain 2024-07-04 12:31:28 -
Sam Altman: The AI Savior or Doomsday Prophet?
Sam Altman: The AI Savior or Doomsday Prophet? On July 2, Sam Altman, the CEO of OpenAI, set out to develop the world's first artificial general intelligence (AGI), a powerful machine capable of human-like thinking and reasoning. However, concerns have arisen about whether he might inadvertently create an AI overlord that views humans as inferior beings...
Industry dynamics 2024-07-04 12:16:48 -
Strengthening the Security of Digital RMB: Postal Savings Bank Takes Action to Govern Customer Identity Information
Strengthening the Security of Digital RMB: Postal Savings Bank Takes Action to Govern Customer Identity Information Beijing Business Daily (reporter Liao Meng) To strengthen the security of digital RMB, Postal Savings Bank recently issued a notice stating that it will further strengthen the verification of the completeness and validity of identity information of individual digital RMB customers. For customers with incomplete identity information, restrictions will be imposed on their digital RMB wallets...
Blockchain 2024-07-04 10:58:43 -
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering Risks
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering RisksCailian Press, July 3rd (Reporter Peng Kefeng) As money laundering methods continue to emerge in the financial sector, relevant departments need to adjust their business policies in a timely manner. Recently, China Post Savings Bank (China Post Bank) issued a statement on its official website stating that, in accordance with relevant anti-money laundering policies and requirements, it will promote the governance of digital RMB customer identity information...
Blockchain 2024-07-04 10:53:33 -
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity Information
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity InformationPostal Savings Bank of China has recently issued an announcement to further strengthen the verification of the completeness and validity of personal customer identity information for digital yuan. The bank will impose restrictions on digital yuan wallets for customers with incomplete identity information...
Blockchain 2024-07-04 10:51:50
