-
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMB
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMBOn July 31, the People's Bank of China Beijing Branch and the State Administration of Foreign Exchange Beijing Branch jointly held a press conference to announce the financial statistics of Beijing in the first half of 2024 and introduce the progress of the "Five Major Articles" in the financial field. Among them, Yu Jian, director of the Monetary Credit Management Division of the People's Bank of China Beijing Branch, elaborated on the relevant measures in promoting the construction of the capital's digital financial ecosystem...
Blockchain 2024-08-04 10:07:07 -
Tesla's Q2 Earnings: Profits Miss Estimates, Car Sales Decline Continuously
Tesla's Q2 Earnings: Profits Miss Estimates, Car Sales Decline ContinuouslyOn Tuesday after the market closed, US electric vehicle manufacturer Tesla released its second-quarter earnings for 2024. The report revealed that despite a 2% year-over-year revenue increase to $25...
Industry dynamics 2024-08-03 12:52:07 -
Musk's AI News Dream Faces Reality Check: Grok's Misinformation Sparks Controversy
Musk's AI News Dream Faces Reality Check: Grok's Misinformation Sparks ControversyOn July 18, Elon Musk's social media platform X launched a news summary feature powered by its AI model, Grok. This feature aims to harness the power of AI to automatically generate news headlines and summaries from the platform's billions of posts, offering users real-time news updates...
Industry dynamics 2024-08-02 17:47:01 -
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 -
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It More
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It MoreOn July 22, Microsoft co-founder Bill Gates expressed high praise for Tesla CEO Elon Musk's contribution to tackling the climate crisis during a recent interview, calling it "extremely important." However, Gates also wished Musk would discuss the topic more frequently...
Industry dynamics 2024-07-31 17:16:31 -
Is Musk's Self-Driving Taxi Dream Just a Pipe Dream?
Is Musk's Self-Driving Taxi Dream Just a Pipe Dream?Elon Musk's self-driving taxi plan has been repeatedly delayed, sparking debate in the market. While some investors fear that Tesla's self-driving technology will pose a threat to traditional ride-hailing companies like Uber and Lyft, this may not be the case...
Industry dynamics 2024-07-17 13:36:48 -
Elon Musk "Escapes" California: X and SpaceX Move Headquarters to Texas
Elon Musk "Escapes" California: X and SpaceX Move Headquarters to TexasOn July 17, Elon Musk announced that he would be relocating two of his companies, X (formerly Twitter) and SpaceX, from California to Texas. The decision has garnered widespread attention and become a hot topic in both the tech and political spheres...
Industry dynamics 2024-07-17 13:36:17 -
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 -
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data Labelers
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data LabelersTesla's Autopilot system is hailed as a marvel of machine learning, but the truth behind its development lies hidden within a team of "data labelers." These individuals review thousands of hours of video footage captured by Tesla drivers' cameras, constantly optimizing the car's driving behavior, teaching it when to use turn signals or recognize cones on the road...
Industry dynamics 2024-07-16 15:28:14 -
China Accelerates Beyond in Autonomous Driving: From Level 3 to Driverless Taxis
China Accelerates Beyond in Autonomous Driving: From Level 3 to Driverless TaxisChina has already established dominance in electric vehicle technology and appears to be catching up with the West in the autonomous driving space. The rise of Chinese companies in autonomous driving is not just about technological advancements but also reflects their keen understanding of market demand and government policy support...
Industry dynamics 2024-07-16 15:27:41 -
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
