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India's tech sector faces skills shortage
Jul 11,2024
According to industry estimates, India's technology sector will need over 1 million engineers with advanced AI and other tech skills in the next 2-3 years. The demand highlights a considerable skills gap that current education and training systems mu...
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AI investment risks and uncertainties highlighted by Goldman Sachs
Jul 11,2024
Goldman Sachs has cast doubt on the economic viability of AI investments, despite substantial spending on AI infrastructure. The firm estimates around$1 trillion will be spent on AI-related infrastructure, including data centres, semiconductors, and ...
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Sri Lanka updates telecommunications law to welcome Musk's Starlink
Jul 10,2024
Sri Lanka's parliament amended an old law to permit Elon Musk's Starlink, the satellite branch of SpaceX, to commence operations in the country. The original law did not permit satellite internet service providers to operate in the country, and accor...
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The National Education Association approves AI policy to guide educators
Jul 10,2024
The US National Education Association (NEA) Representative Assembly (RA) delegates have approved the NEA's first policy statement on the use of AI in education, providing educators with a roadmap for the safe, effective, and accessible use of AI in c...
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AI startup investments surge to $24 billion
Jul 10,2024
Investments in AI startups soared to$24 billion in the last two months, more than doubling from the previous quarter, as reported by sources familiar with the matter. The surge reflects a growing interest in AI technology, making it the largest inves...
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AI conference spotlights Chinese GPU advances
Jul 10,2024
At the recent World Artificial Intelligence Conference in Shanghai, Chinese GPU developers seized the opportunity to showcase their products in Nvidia's absence. Prominent companies such as Iluvatar Corex, Moore Threads, Enflame Technology, Sophgo, a...
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Meta partners with Vodafone to optimise video delivery across Europe
Jul 09,2024
Meta, the owner of Instagram, has collaborated with Vodafone to optimise short-form video delivery on 11 of its European mobile networks. That effort aims to free up network capacity without compromising the viewing experience, addressing the increas...
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AI cybersecurity in devices deemed high-risk by European Commission
Jul 09,2024
AI-based cybersecurity and emergency services components in internet-connected devices are expected to be classified as high-risk under the AI Act, according to a European Commission document seen by Euractiv. The document, which interprets the relat...
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IBM's GenAI center to advance AI technology in India
Jul 09,2024
IBM has launched its GenAI Innovation Center in Kochi, designed to help enterprises, startups, and partners explore and develop generative AI technology. The centre aims to accelerate AI innovation, increase productivity, and enhance generative AI ex...
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Microsoft committed to expanding AI in education in Hong Kong
Jul 08,2024
US tech giant Microsoft is committed to offering generative AI services in Hong Kong through educational initiatives, despite OpenAI's access restrictions in the city and mainland China. Microsoft collaborated with the Education University of Hong Ko...
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Apple supplier Foxconn to invest $551 million in Vietnam
Jul 05,2024
Foxconn, the Taipei-based supplier for Apple, will invest approximately$551 million in two projects in the northern province of Quang Ninh, Vietnam. The company received a$264 million project license at Song Khoai Amata Industrial Park to produce 4.2...
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Realme teams up with Sony for AI-imaging 5G smartphone
Jul 05,2024
Realme has unveiled plans to integrate Sony's cutting-edge LYT-701 camera sensor into its upcoming 5G smartphone, marking a significant leap into AI-enhanced imaging technology. The announcement, made at a pre-launch event in Bangkok, underscores Rea...
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