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Tesla Robotaxi Rollout Progresses Slower Than Anticipated
Tesla Chief Executive Officer Elon Musk has adopted a cautious tone regarding the rollout of the company's fledgling robotaxi business, an update described by several Wall Street analysts as uncharacteristically downbeat. The expansion of Tesla’s autonomous ride-hailing operation is proceeding more slowly than previously outlined by Musk.
Apr 24


Tencent, Alibaba Eye DeepSeek Investment, USD 20 Billion Valuation
Chinese technology giants Tencent Holdings and Alibaba Group are in discussions to invest in artificial intelligence startup DeepSeek. The startup is aiming to raise funding at a valuation exceeding USD 20 billion, according to a report from The Information.
Apr 23


Tesla Boosts 2026 Spending for AI, Robotics Vision
Tesla announced a significant increase in its spending plans for 2026, projecting more than USD 25 billion in capital expenditures. CEO Elon Musk stated the investment would fund artificial intelligence, robotics, and chips, describing these moves as "well justified" for future revenue streams.
Apr 23


SK Hynix Reports Record Q1 Profit Amid AI Memory Chip Demand
SK Hynix, a supplier to Nvidia, reported a more than five-fold increase in its first-quarter operating profit, reaching a record high. The strong results were driven by soaring demand for advanced and conventional memory chips, fuelled by the artificial intelligence (AI) boom.
Apr 23


Translucent Fried Chicken Wings Go Viral
Food blogger Cai Nan has created a translucent fried chicken recipe, turning crispy wings into edible art. His nearly invisible fried chicken wings have gone viral online.
Apr 22


Chinese Robot Firms Pivot to Household Chores, AI Brains Key
Chinese robot companies are shifting focus from performance showcases to practical applications in everyday life. A recent demonstration by X Square Robot highlighted humanoids performing household tasks, such as slowly picking up litter and sorting flower bouquets. This event signaled a deeper industry move toward proving value in messy, unpredictable home environments. Credit: X Square Robo Chief Executive Wang Qian of X Square Robot stated that while the hardware is largel
Apr 22


Xbox Game Pass Prices Reduced, 'Call of Duty' Day-One Inclusion Ends
Microsoft has reduced the price of its video game subscription service and will no longer include future "Call of Duty" game releases on launch day, marking a significant strategy shift under new gaming boss Asha Sharma. Credit: MICROSOFT Xbox Game Pass Ultimate will now cost USD 22.99 a month, down from USD 29.99. PC Game Pass prices are also reduced to USD 13.99 monthly from USD 16.49, the software firm announced in a blog post. Microsoft had previously positioned subscript
Apr 22


Adobe Announces USD 25 Billion Stock Buyback Amid AI Disruption Concerns
Adobe on Tuesday announced a share repurchase program worth up to USD 25 billion, running through Apr. 30, 2030. The company seeks to reassure investors about its growth strategy amid the rise of creative autonomous tools. Credit: UNSPLASH Following the announcement, Adobe shares rose around 2% in extended trading. However, the stock has fallen around 30% this year, as investors weigh the effects of new agentic models, which many fear could reduce demand for traditional softw
Apr 22


Meta to Monitor Employee Computer Activity for AI Model Development
Meta is installing new tracking software on computers used by its employees based in the U.S. The software aims to capture mouse movements, clicks, and keystrokes. This data will be used to train Meta’s artificial intelligence models, as part of an initiative to build AI agents capable of performing work tasks autonomously. Credit: UNSPLASH The tool, called Model Capability Initiative (MCI), will operate on work-related applications and websites. It will also take occasional
Apr 22


Apple Names John Ternus Chief Executive Officer; Tim Cook Becomes Executive Chairman
Apple has named John Ternus its next Chief Executive Officer, with current Chief Executive Officer Tim Cook transitioning to the role of executive chairman. This leadership change occurs as the iPhone maker prepares for an industry shift spurred by artificial intelligence.
Apr 21


Amazon Deepens Anthropic Ties with USD 25 Billion Investment, USD 100 Billion Cloud Commitment
Amazon announced it will invest up to USD 25 billion in Anthropic, with the artificial intelligence startup committing to spending more than USD 100 billion on Amazon's cloud technologies over the next 10 years. This deal strengthens the relationship between the two organisations, as Anthropic seeks to secure capacity for bolstering its models. Credit: UNSPLASH Seattle-based Amazon will initially invest USD 5 billion in Anthropic, with an additional USD 20 billion to follow,
Apr 21


Huawei Enters AI Glasses Market Amidst Fierce Competition
Huawei Technologies has released its initial artificial intelligence glasses, joining an increasingly competitive sector. The Shenzhen-based technology firm now directly competes with US company Meta, alongside Chinese peers such as Alibaba Group Holding and Rokid, in the smart eyewear segment. This development signals a deliberate push by Huawei into an expanding market.
Apr 21
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