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Russia Bans Cryptocurrency Mining in Siberian Regions Amid Winter Concerns
MOSCOW - Russia has implemented a cryptocurrency mining ban in several Siberian regions to prevent potential power shortages during the winter months, a government commission announced on Tuesday. Key Details of the Ban …
xAI Reportedly Raising $6 Billion in New Funding Round
Elon Musk's artificial intelligence venture xAI is reportedly raising up to $6 billion in a new funding round that values the company at $50 billion, according to CNBC's David Faber. The funding round is expected…
FTC to Probe Microsoft Cloud over Alleged Anti-Competitive Tactics
WASHINGTON - The U.S. Federal Trade Commission (FTC) is preparing to launch an investigation into Microsoft's cloud computing business over concerns of anti-competitive practices, according to sources familiar with the…
Indonesian Telco and Tech Firms Launch Sahabat-AI Language Model Ecosystem
JAKARTA - Indosat Ooredoo Hutchison, one of Indonesia's leading telecommunication companies, and GoTo Gojek Tokopedia, the country's largest tech conglomerate, have joined forces to develop Sahabat-AI - a new large…
EU Invests €133 Million in Dutch Photonic Chip Production
AMSTERDAM - The European Union is set to invest €133 million ($142 million) in pilot production facilities for photonic semiconductors in the Netherlands, as part of a broader €380 million initiative to boost semiconductor…
Vietnam Demands Shein and Temu Register or Face Bans
HANOI - The Vietnamese government has issued a deadline for the Chinese online retailers Shein and Temu to register with authorities or face having their internet domains and apps blocked in the country. According to the…
U.S. Orders TSMC to Halt Advanced Chip Exports to China Amid AI Concerns
NEW YORK/SINGAPORE, Nov 9 (Reuters) - The United States has directed Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) to stop shipping advanced chips to Chinese clients, primarily used in artificial intelligence (AI)…
China’s Chip Industry Braces for 4 More Years of Combative Trump Era
BEIJING/SINGAPORE - China's semiconductor industry is gearing up for a potentially turbulent four years under a second Donald Trump presidency, adopting various strategies to navigate the continued tensions. According to a…
OpenAI in Talks to Transition to For-Profit Model
OpenAI, the artificial intelligence research lab behind the popular ChatGPT chatbot, is reportedly in early discussions with the California Attorney General's office to change its corporate structure and become a…
ChatGPT’s New Search Capability Challenges Google and Bing
In a move that could shake up the search engine landscape, OpenAI has launched a powerful new search feature within its popular ChatGPT chatbot. The new "SearchGPT" tool positions OpenAI's AI as a direct…