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  •  Current State of AI Adoption in Japanese Businesses: A Landscape of Opportunities and Challenges

    Current State of AI Adoption in Japanese Businesses: A Landscape of Opportunities and Challenges

    Current State of AI Adoption in Japanese Businesses: A Landscape of Opportunities and ChallengesIntroduction: In the age of rapid technological advancements, Artificial Intelligence (AI) is transforming industries worldwide. Japanese businesses are exhibiting a mixed attitude towards embracing AI, with some actively exploring its applications while others remain hesitant...

    Industry dynamics 2024-08-02 17:46:48
  •   Microsoft's Disbanding of DEI Team Sparks Controversy: A Gap Between Promise and Reality

    Microsoft's Disbanding of DEI Team Sparks Controversy: A Gap Between Promise and Reality

    Microsoft's Disbanding of DEI Team Sparks Controversy: A Gap Between Promise and RealityRecently, Microsoft's decision to disband its Diversity, Equity, and Inclusion (DEI) team has sparked widespread controversy, particularly given the strong disapproval expressed by the team's leader. Leaked internal emails reveal that the team leader accused Microsoft of viewing diversity as "non-business critical" and criticized the company for abandoning its DEI commitments made during the 2020 Black Lives Matter movement...

    Industry dynamics 2024-07-17 13:37:26
  •  EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price Hikes

    EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price Hikes

    EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price HikesOn July 5th, the European Union (EU) officially announced tariffs on electric vehicles imported from China, ranging from 17.4% to 37...

    Industry dynamics 2024-07-16 15:30:41
  •  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 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
  •  Ferrari Goes Electric: Challenges and Opportunities Await

    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
  •   AI Beauty Magic: AmorePacific's New Lab Sparks Customized Beauty Trend

    AI Beauty Magic: AmorePacific's New Lab Sparks Customized Beauty Trend

    AI Beauty Magic: AmorePacific's New Lab Sparks Customized Beauty TrendAmorePacific, a leading South Korean cosmetics giant, has launched a new AI beauty lab that is quickly becoming an industry sensation, with appointments being snapped up. The lab leverages AI to recommend the most suitable lipstick shades for customers and offers personalized foundation blending services, taking the concept of tailor-made beauty to a new level...

    Industry dynamics 2024-07-16 15:26:35
  •  Microsoft exits OpenAI board observer seat: Regulatory concerns receding?

    Microsoft exits OpenAI board observer seat: Regulatory concerns receding?

    Microsoft exits OpenAI board observer seat: Regulatory concerns receding?On July 10, Microsoft announced that it is relinquishing its observer seat on OpenAI's board. The move has sparked widespread attention, especially considering Microsoft's substantial investment in OpenAI and the previous antitrust concerns surrounding the observer seat...

    Industry dynamics 2024-07-16 15:25:08
  •  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 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 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

    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 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
  •  OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry

    OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry

    OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalryOpenAI, the startup behind the ChatGPT chatbot, has surpassed Microsoft in revenue from selling access to its AI models, including GPT-4, despite only establishing a sales team last year. This remarkable achievement, particularly compared to Microsoft, the world's largest enterprise and cloud software seller, has been achieved through a simple yet effective strategy: offering early access to new versions of generative AI capabilities and customizing software requirements for its biggest clients...

    Industry dynamics 2024-07-04 12:13:03

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