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Brazil partners with OpenAI to modernise legal processes and cut court costs
Jun 12,2024
Brazil's government has enlisted OpenAI's services to streamline the assessment of thousands of lawsuits using AI, aiming to mitigate costly court losses that have burdened the federal budget. Through Microsoft's Azure cloud-computing platform, OpenA...
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MediaTek develops ARM-based chip for Microsoft AI laptops
Jun 12,2024
MediaTek, a leading semiconductor company in Taiwan, is collaborating with Microsoft to design an ARM-based chip specifically for its Windows operating system AI-powered laptops. The strategic partnership marks a significant move in the tech industry...
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US funds Rocket Lab $23.9 million for space semiconductor production
Jun 11,2024
On Tuesday, the US Commerce Department announced plans to award Rocket Lab$23.9 million to significantly boost the production of compound semiconductors used in satellites and spacecraft. This funding aims to increase the production of space-grade so...
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ByteDance to invest $2.13 billion in Malaysia AI hub
Jun 07,2024
China's ByteDance, the parent company of TikTok, plans to invest around$2.13 billion to establish an AI hub in Malaysia. The plan includes an additional$320 million to expand data centre facilities in Johor state, according to Malaysia's Trade Minist...
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Rwanda to adopt digital currency by 2026
Jun 06,2024
Rwanda aims to develop its own national Central Bank Digital Currency (CBDC) within the next two years. According to the National Bank of Rwanda (BNR), that initiative will offer Rwandans a secure, cost-free, and convenient alternative to physical ca...
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Sri Lanka grants preliminary approval to Starlink
Jun 06,2024
Sri Lanka has granted preliminary approval to Elon Musk's Starlink to offer internet services in the country, as announced by the president's office recently. The decision was expedited following a meeting between Musk and President Ranil Wickremesin...
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Vanguard and NXP to build $7.8 billion chip plant in Singapore
Jun 05,2024
Vanguard International Semiconductor and NXP Semiconductors are set to build a$7.8 billion chip manufacturing plant in Singapore to cater to the rising demand in the region. The joint venture between Taiwan-based Vanguard, partly owned by Taiwan Semi...
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China launches AI chatbot based on Xi Jinping's ideology
Jun 05,2024
China has unveiled an AI chatbot based on principles derived from President Xi Jinping's political ideology. The chatbot, named 'Xue Xi', aims to propagate 'Xi Jinping Thought' through conversational interactions with users. Xi Jinping Thought, ...
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Israel's high-tech sector thrives amid conflict, urges increased government investment
Jun 05,2024
Despite the ongoing conflict with Hamas in Gaza, Israel's high-tech sector now contributes 20% to the country's economic output, according to the Israel Innovation Authority (IIA). In 2023, 600 new startups were launched, and tech firms raised$8 bill...
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Japan to boost semiconductor industry with new legislation
Jun 04,2024
According to a draft of this year's long-term economic policy plan, Japan is considering new legislation to support the commercial production of advanced semiconductors. The plan, set to be finalised around 21 June, aims to strengthen the chip supply...
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EU approves state aid for the construction of microchip plant in Sicily
May 31,2024
The European Commission has given the green light to Italian state aid for semiconductor manufacturer STMicroelectronics to construct a E5 billion microchip plant in Sicily. This approval comes as Europe seeks to reduce dependence on Asian imports fo...
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US defense group claims that China harnesses open-source software for military
May 31,2024
A Chinese nonprofit organisation linked to the government is reportedly coordinating efforts among major tech firms in China to develop open-source software with potential military applications, according to a report from the Jamestown Foundation, a ...
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