The Wall Street Journal reported that Huawei Technologies from China is on the verge of launching a new chip tailored for AI development. The newspaper's insiders say that Chinese Internet firms and telecom companies have recently been experimenting with Huawei's latest chip, the Ascend 910C. According to the sources, potential customers have been informed by the company that the new chips offer...

SpaceX announced readiness for the fifth test orbital flight of the Starship spacecraft with Super Heavy launch vehicle for manned Moon flights. The specific date for the launch has not been determined yet. It relies on the approval from the U.S. Federal Aviation Administration (FAA). The world's largest Starship rocket had its fourth launch on June 6. Following one orbit around the Earth, the...

According to a research by analyst firm TRM Labs, in the first half of 2024, hackers stole more than twice as much cryptocurrency as they did the year before—$1.38 billion as opposed to $657 million. The majority of the volume was taken in a few targeted strikes, much like in 2023. Hackers were able to take 70% of the total volume in just five hacks. The biggest of these was the theft of almost...

The Wall Street Journal reported that Amazon intends to invest over $100 billion in data center infrastructure over the course of the next ten years. Amazon intends to spend over $100 billion on data center infrastructure over the course of the next ten years, however the source of the information is not mentioned. The publication claims that because cloud computing and artificial intelligence...

The Hong Kong Monetary Authority (HKMA) reported that Hong Kong has started a pilot program that permits digital yuan payments through large Chinese banks. Residents in Hong Kong will be able to transfer money directly to retailers in mainland China by opening digital yuan wallets at Bank of China, Bank of Communications, China Construction Bank, and Industrial & Commercial Bank of China....

According to a press release from the corporation, "the window for spaceflight on the Virgin Galactic mission Galactic 07, organized by the United States, will open on June 8." This will be the Unity spacecraft's final commercial mission, according to Michael Colglazier, the company's CEO. Virgin Galactic will therefore make its second space journey of the year and its twelfth overall. Along...

A class action complaint has been filed against the British-Swedish pharmaceutical corporation AstraZeneca, claiming that a COVID-19 vaccine that the business and Oxford University produced has major adverse effects. The complaint claims that the vaccine resulted in injuries and fatalities in numerous cases. The company itself has acknowledged that, in rare instances, its vaccine may result in...

According to Bloomberg, which cites sources, American automaker Tesla will collaborate with Chinese Internet behemoth Baidu Inc. to launch mapping and navigation features in the Full-Self Driving (FSD, "autopilot") driving assistance system on the Chinese market. Data protection tests for Chinese-made Tesla electric vehicles have been passed with success. The China Association of Automobile...

In an interview with the Financial Times, Christoph Schweizer, the CEO of the global consulting firm BCG, stated that his company anticipates making $12 billion in revenue this year, with 20% of that amount coming from artificial intelligence (AI) consulting. The manager clarified that this was a reference to advisory services related to integrating AI into the operations of BCG's client...