In a tumultuous turn of events, Tesla Inc., led by the enigmatic Elon Musk, is facing a challenging year filled with stock market plunges, declining sales, and strategic shifts causing chaos within the company. Musk's ambitious goal of creating a future dominated by robotaxis has led to a significant...
Read moreBitcoin, the leading cryptocurrency, recently underwent a highly anticipated software upgrade known as the "halving." This event, which occurs approximately every four years, has significant implications for the cryptocurrency market and the mining community. The Bitcoin halving event involves cutting the reward given to miners for verifying transactions on...
Read moreMeta Platforms Inc., the parent company of Facebook, has introduced its latest innovation in artificial intelligence with the debut of the Llama 3 model. This new AI technology marks the company's ongoing efforts to stay competitive in the rapidly evolving landscape of AI model, where companies like OpenAI and...
Read moreIn a significant development, European Union merger watchdogs have given the green light to Microsoft Corp.'s massive $13 billion investment in OpenAI Inc., thereby avoiding a formal investigation that could have potentially disrupted the burgeoning relationship between the two tech giants. The European Commission's decision not to launch a...
Read moreIn a significant move to bolster U.S. chip manufacturing, the Biden administration has announced a groundbreaking $6.4 billion grant for South Korea's tech giant Samsung. This funding, provided through the 2022 Chips and Science Act, aims to support Samsung's expansion of chip production facilities in central Texas. The Department...
Read more