TECHNOLOGY

Taiwan Chip Giant TSMC's Profits Surge On AI Demand

Taiwan Semiconductor Manufacturing Company -- whose clients include Apple and Nvidia -- controls more than half the world's output of silicon wafers
Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology.

Tesla, Starlink Entry On Agenda When Musk Heads To India

Indian media reports suggest Musk's trip will begin as soon as Sunday and last two days
Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations.
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The announcement coincides with Japanese Prime Minister Fumio Kishida's visit to Washington, underscoring Tokyo's commitment to becoming a major AI power

Microsoft To Invest $2.9 Bn In Japan AI Push

Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defences in the face of threats from China and Russia.
Around 41 percent of executives in leading economies say they will employ fewer people within five years due to AI

AI A 'Game Changer' But Company Execs Not Ready: Survey

A majority of corporate executives across leading economies believe artificial intelligence will be a "game changer" for their industry but admit their leadership teams lack the knowledge to understand AI's risks and rewards, a study showed Friday.
Apple computers on display at an Apple store in Miami, Florida on April 11, 2023

Apple's 'Walled Garden' Under Fire In Lawsuit

Call it a "walled garden" or an ecosystem, but at the heart of Thursday's blockbuster US lawsuit against Apple are the many ways the company gets customers to remain faithful to its products.
The UN General Assembly chamber is seen in February 2023

UN General Assembly To Address AI's Potential Risks, Rewards

The UN General Assembly will turn its attention to artificial intelligence on Thursday, weighing a resolution that lays out the potentially transformational technology's pros and cons while calling for the establishment of international standards.

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