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Meta Unveils Muse Spark AI Model, Superintelligence Team's First Release
Meta Platforms has unveiled Muse Spark, its initial artificial intelligence (AI) model developed by a newly assembled "superintelligence" team. Shares of the company extended gains, trading up nearly 7% following the announcement. This new model represents Meta's efforts to compete with rivals in the AI sector.
Apr 9


Samsung Forecasts Eightfold Profit Surge Driven by AI Chip Demand
Samsung Electronics projected its first-quarter earnings would surpass its entire profit from last year, exceeding expectations due to soaring demand for artificial intelligence infrastructure. This strong demand has strained supply and pushed chip prices higher.
Apr 8


China Pioneers Offshore Wind-Powered Underwater Data Centres
Shanghai has launched an underwater data centre (UDC) directly linked to an offshore wind farm, a global first. This pioneering facility aims to meet soaring demand for artificial intelligence (AI) computing power. Credit: UNSPLASH The UDC is located 10 kilometres off Shanghai’s eastern coast, 10 metres beneath the water. Shanghai HiCloud Technology, a subsidiary of Highlander, built the facility within Shanghai’s Lingang Special Area. This project, which represents a total i
Apr 8


Apple Foldable iPhone Faces Engineering Setbacks, Potential Delays
Apple's first foldable iPhone is reportedly encountering setbacks during its engineering test phase, which could delay its mass production and product shipment schedule. Nikkei Asia reported these issues, citing sources familiar with the matter.
Apr 8


China Tightens Scrutiny on Offshore IPOs for Tech, Biotech Companies
Chinese regulators are adopting a stricter approach to companies seeking listings via offshore incorporated vehicles, impacting tech and biotech initial public offering (IPO) candidates and USD-denominated funds. This move by the China Securities Regulatory Commission (CSRC) aims to discourage the establishment of "red-chip-structured" companies in sensitive industries.
Apr 7


Netflix Unveils 'Playground' Gaming App for Kids, Enhances Family Engagement
Netflix has launched a new app, "Netflix Playground," featuring games based on popular children's characters such as Peppa Pig and Sesame Street. This initiative aims to deepen engagement with families, a segment where children's content traditionally helps reduce churn for the streaming service.
Apr 7


Nvidia's SchedMD Acquisition Sparks Concerns Over AI Software Access
Nvidia's acquisition of SchedMD last Dec. has generated concerns among artificial intelligence and supercomputer specialists. They view the move as a test of the largest AI chip company's commitment to maintaining a fair playing field for chip rivals and AI data centre builders. Credit: NVIDIA SchedMD controls Slurm, an open-source software critical for scheduling computing tasks. This software is essential for training the large language models that power chatbots such as An
Apr 7


Modular Robots Navigate Damage, Reconfigure for Outdoor Survival
Engineers at Northwestern University have developed a new class of modular robots, termed "legged metamachines," capable of exceptional agility and resilience. These robots can flip, jump, and continue moving even after being severed into multiple pieces.
Apr 6


Australia Intensifies Social Media Ban Enforcement Amid Global Scrutiny
Australia is intensifying enforcement of its ban on social media for children under 16, a policy that has attracted international interest from lawmakers in countries such as Spain and Malaysia. This increased action follows previous statements by Prime Minister Anthony Albanese's government, which had earlier highlighted successful industry cooperation regarding the ban.
Apr 6


China's AI Paradox: Tech-Savvy Consumers, Slow Enterprise Adoption
Traditional corporate culture and rigid hierarchies are slowing artificial intelligence adoption within Chinese enterprises, leaving them trailing their US peers. This occurs even as China’s tech-savvy consumers are rapidly embracing AI agents, according to Zack Kass, former head of go-to-market at OpenAI.
Apr 6


Baidu Robotaxis Halt in Wuhan, Highlighting Centralised Control
Up to 500 Baidu Apollo Go self-driving cabs unexpectedly stopped during traffic in Wuhan, China, causing some riders to be stranded for hours on busy highways and leading to several accidents. The mass shutdown revealed a potential single point of failure in the centralised control system of the robotaxi fleet.
Apr 2


SpaceX Confidentially Files for IPO, Fueling Space and AI Ambitions
SpaceX has confidentially filed for a U.S. initial public offering, sources familiar with the matter stated, setting the stage for what could become the largest stock market listing on record. The company, led by Elon Musk, offers investors a chance to participate in humanity's return to the moon and an attempt to colonise Mars.
Apr 2
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