Chinese company DeepSeek has launched an updated version of its innovative AI model R1. The version is released on Hugging Face, a platform that supports AI models. As per LiveCodeBench, a platform that assesses models based on various metrics, it closely follows the o4-mini and o3 models created by OpenAI. The first version of R1 was launched in January and triggered significant shifts in...

In 2024, losses due to financial fraudsters in the UK reached £1.2bn ($1.6bn), a figure that remains largely the same as last year, as stated in a report by the industry group UK Finance. Thefts involving authorized push payment (APP) schemes, in which victims directly send money to fraudsters' accounts, decreased by 2% to £450.7m. The reported incidents of this type of fraud decreased by...

U.S. graphics chip manufacturer Nvidia Corp. plans to establish a research and development (R&D) facility in Shanghai, writes the Financial Times. As per sources from the newspaper, Nvidia's CEO Jensen Huang talked about the proposal with the city's mayor Gong Zheng during a meeting in Shanghai in April. Nvidia is renting a new office in Shanghai to house existing employees with the possibility...

Japan's Mitsubishi Motors intends to begin selling electric vehicles created by Foxconn Technology in the latter half of 2026, according to The Wall Street Journal. Foxtron Vehicle Technologies, a division of Foxconn, has entered into a memorandum of understanding with Mitsubishi Motors to create and provide an electric vehicle for the markets of Australia and New Zealand, the firms announced....

Microsoft Corp. intends to enhance its cloud and AI infrastructure within the European Union to guarantee "digital stability amid geopolitical volatility." The firm plans to increase data center capacity in the EU by 40% within the next two years, as stated in its blog. Microsoft is enlarging data centers across 16 nations in Europe. The company stated that “these plans, along with newly...

The American firm OpenAI, known for creating the ChatGPT, is developing its own social network, aiming to be a counterpart to social network X, reports The Verge. As per its sources, the project remains in the initial phases, yet there is already a prototype developed internally. According to sources, OpenAI CEO Sam Altman has solicited input from external parties regarding the project. It's...

Dubai officials are gearing up for the commercial introduction of driverless vehicles by 2026. U.S. Uber Technologies, in collaboration with China's WeRide and Baidu Inc. (Apollo Go service), will begin testing self-driving taxis in Dubai this year; however, a driver will still be present to guarantee safety, according to the Dubai government's press office. The program is a component of a...

Meta Corporation is expected to launch a standalone app featuring a chatbot powered by artificial intelligence, known as Meta AI, according to CNBC citing sources. The Meta AI chatbot was introduced in September 2023. In contrast to competitors like OpenAI and Perplexity AI, Meta presently permits its AI to be accessed solely through its website and other applications, including Facebook and...

NASA reported that a Nova-C lunar lander named Athena, developed by Intuitive Machines, has been launched to the Moon. The launch occurred from Cape Canaveral, Florida, utilizing SpaceX's Falcon 9 rocket on February 26 at 19:16 local time. The vehicle's landing on the Mons Mouton plateau close to the Moon's South Pole is set for March 6. The module's lunar mission is planned for 10 Earth days....