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Safety concerns mount as experts question Tesla Cybertruck self-driving readiness
Feb 15,2025
A Tesla Cybertruck in self-driving mode collided with a pole in Reno, Nevada, after failing to merge out of an ending lane. The crash occurred while using Tesla's Full Self-Driving (FSD) software, which still requires human oversight. The driver, Jon...
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US utilities boost spending to meet surging AI energy demand
Feb 15,2025
US electric utilities are significantly increasing their capital investment plans to expand power generation and strengthen the grid as AI and cloud computing drive up electricity consumption. Companies such as PPL Corp, Dominion, and Exelon have rev...
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Here's what AI likely means for traditional BI and analytics tools
Feb 15,2025
J Studios/Getty Images Is artificial intelligence leading to the decline or the rebirth of business intelligence? Front-end business intelligence and data analytics tools ruled the markets for years. N...
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AI revolutionising the wealth management industry
Feb 14,2025
AI is set to revolutionise wealth management by lowering the barriers to entry for new players, according to a Microsoft executive. Martin Moeller, head of AI for financial services at Microsoft, highlighted that AI's ability to process vast amounts ...
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Alibaba secures major AI deal with Apple
Feb 14,2025
Alibaba has announced a new partnership with Apple to support the development of AI services for iPhones in China, a move that aims to help Apple counter declining smartphone sales in its crucial market. The collaboration is seen as a significant win...
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DeepSeek models boost competition for Chinese AI chipmakers
Feb 14,2025
The rise of DeepSeek's AI models is offering Chinese chipmakers like Huawei a better chance to compete in the domestic market against the powerful processors from US companies like Nvidia. For years, Huawei and other Chinese manufacturers have strugg...
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Musk will withdraw $97.4 billion bid for OpenAI non-profit
Feb 14,2025
Elon Musk has stated he will withdraw his$97.4 billion bid for OpenAI's non-profit arm if the company halts plans to become a for-profit entity. Musk's lawyers clarified in a court filing that if OpenAI's board agrees to maintain the charity's missio...
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OpenAI prioritises simplicity with unified AI model strategy
Feb 14,2025
OpenAI has announced plans to simplify its artificial intelligence product line by combining its o-series and GPT-series models into a unified system. CEO Sam Altman revealed the strategy in a post on X, highlighting the need for more accessible AI t...
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China's semiconductor spending faces decline
Feb 14,2025
China's spending on chipmaking equipment is expected to fall by 6% in 2025, marking its first decline since 2021, according to Canadian research firm TechInsights. The drop follows years of aggressive stockpiling as Chinese firms sought to bypass tig...
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Alphabet CEO acknowledges China's role in global AI race
Feb 14,2025
Alphabet CEO Sundar Pichai has praised the work of Chinese startup DeepSeek, calling it an example of how AI is a truly global field. Speaking at the World Governments Summit in Dubai, he noted that innovation in AI is happening across multiple regio...
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Fake minister's voice used in AI fraud
Feb 14,2025
Italian police have recovered nearly one million euros that was fraudulently wired to a foreign bank account after scammers used AI to mimic the voice of Defence Minister Guido Crosetto. The criminals targeted prominent business leaders, convincing f...
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Adobe unveils AI video tool with new pricing model
Feb 14,2025
Adobe has launched the first public version of its AI-powered video generation tool, Firefly Video Model, introducing competition to OpenAI's Sora and Runway's video-generation services. The tool is designed to integrate with Adobe's Premiere Pro sof...
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