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Japan to Spend $65 Billion to Boost Chip and AI Industries
Japan to Spend $65 Billion to Boost Chip and AI IndustriesTokyo, November 12 - Japan's Prime Minister Fumio Kishida announced on Monday a $65 billion plan to bolster the country's chip and artificial intelligence industries through subsidies and other financial incentives. The plan, which would allocate over 10 trillion ($65 billion) in support through fiscal year 2030, aims to counter global supply chain disruptions and strengthen control over chip supply chains...
Industry dynamics 2024-11-12 12:37:32 -
Amazon Is Developing Smart Glasses for Delivery Drivers to Boost 'Last Mile' Efficiency
Amazon Is Developing Smart Glasses for Delivery Drivers to Boost 'Last Mile' EfficiencyAmazon is developing smart glasses for its delivery drivers to help them complete deliveries more efficiently, according to five people familiar with the matter. The glasses will provide drivers with precise indoor and outdoor navigation routes, guiding them to each delivery location using a small embedded screen...
Industry dynamics 2024-11-12 12:31:28 -
Trump Poised to Upend Biden's Electric Vehicle Policy: Reshaping the American Auto Landscape
Trump Poised to Upend Biden's Electric Vehicle Policy: Reshaping the American Auto LandscapeDuring his campaign for a second term as U.S...
Industry dynamics 2024-11-12 12:29:39 -
This Week in Science: Private Jet Emissions Soar, Mitochondria Specialization Unveiled
This Week in Science: Private Jet Emissions Soar, Mitochondria Specialization UnveiledThis week, leading scientific journals reported groundbreaking studies across multiple fields, from the surge in private jet emissions and the "division of labor" within mitochondria, to breakthroughs in new materials and renewable energy storage, as well as concerns over rising ocean toxicity and a new data storage technology.Private Jet Emissions Surge, Raising Environmental ConcernsA study published in Nature revealed a significant increase in private jet usage over the past four years...
Industry dynamics 2024-11-11 15:18:48 -
Large Model Evolution Slows Down, OpenAI Bets on Reasoning Ability
Large Model Evolution Slows Down, OpenAI Bets on Reasoning Ability Despite the surge in use of AI products such as ChatGPT, improvements in the underlying modules that power these technologies seem to be slowing down. OpenAI is facing this challenge and developing new technologies to enhance core modules like large language models...
Industry dynamics 2024-11-11 14:57:56 -
Trump Wins, Tesla Soars: Short-Sellers Suffer, Musk's Gains?
Trump Wins, Tesla Soars: Short-Sellers Suffer, Musk's Gains?Hedge funds that have been betting against Tesla have lost billions of dollars since Donald Trump won the US presidential election. This hedge fund meltdown is undoubtedly linked to the special relationship between the president-elect and Tesla CEO Elon Musk...
Industry dynamics 2024-11-11 14:49:35 -
Saudi Arabia Unveils $100 Billion 'Beyond Plan' to Become Middle East AI Hub
Saudi Arabia Unveils $100 Billion 'Beyond Plan' to Become Middle East AI HubIn recent years, Saudi Arabia has poured billions of dollars into overseas tech ventures. Now, the Kingdom is turning its attention inwards, allocating $100 billion to an ambitious AI initiative called the "Beyond Plan...
Industry dynamics 2024-11-08 12:27:47 -
Tesla Mexico Factory Restart Plan: Will the New President Bring a Turning Point?
Tesla Mexico Factory Restart Plan: Will the New President Bring a Turning Point?On November 8th, Marcelo Ebrard, Mexico's Economy Minister, expressed his intention to meet with Tesla CEO Elon Musk as soon as possible to discuss the company's plans to build an electric vehicle factory in northern Mexico. This plan is one of the key initiatives to boost Mexico's automotive manufacturing industry and is a major project that the newly elected Mexican President, Claudia Sheinbaum, is looking to restart...
Industry dynamics 2024-11-08 12:24:24 -
Trump's Win, Musk's Reward: SpaceX Executives Set for Government Roles, Musk Could Gain Regulatory Power
Trump's Win, Musk's Reward: SpaceX Executives Set for Government Roles, Musk Could Gain Regulatory PowerElon Musk, who invested significant time and money in former President Donald Trump's re-election campaign, is now seeking a return on his investment. Two sources revealed that Musk wants Trump to appoint executives from his rocket company, SpaceX, to government positions, including those at the Department of Defense...
Industry dynamics 2024-11-08 12:21:28 -
Trumps Re-Election: A Survival Game for Tech Giants
Trumps Re-Election: A Survival Game for Tech GiantsDonald Trump has won the 2024 US presidential election. Although the majority of tech workers in Silicon Valley still voted for Democrats, a red wave has swept across the country...
Industry dynamics 2024-11-07 10:47:51 -
Trump Wins Again, Will Musk Usher in a Gilded Age?
Trump Wins Again, Will Musk Usher in a Gilded Age?On November 7th, Donald Trump was re-elected president of the United States. Billionaire Elon Musks outsized influence, fueled by his ardent support of Trumps campaign, may help him secure more favorable policies for his companies...
Industry dynamics 2024-11-07 10:46:11 -
Trump's Return to the White House Could Cause a "Shock" to the US Electric Vehicle Industry
Trump's Return to the White House Could Cause a "Shock" to the US Electric Vehicle IndustryThe US electric vehicle industry could face a turbulent period after former President Donald Trump defeated incumbent Vice President Kamala Harris in the presidential election. Trump's Republican Party has historically been critical of electric vehicles, arguing they are a forced choice for consumers...
Industry dynamics 2024-11-07 08:20:37
