AI Technology Shift to Help Drive Samsung’s Comeback
Samsung Electronics Co. is set to lead the global rally in semiconductor stocks, driven by newfound optimism surrounding its artificial intelligence strategy. The company, which has lagged behind competitors in recent years, is now poised for a comeback due to the increasing demand for NAND memory, where the company...
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Apple Explores Home Robotics as Potential ‘Next Big Thing’ After Car Fizzles
In a strategic move to diversify its product offerings, Apple Inc. has delved into the realm of personal robotics, signaling a potential shift towards innovative home technology solutions. Sources familiar with the matter reveal that Apple's dedicated teams are exploring the development of mobile robots that can autonomously follow...
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Meta to Add AI Features to Ray Ban Stories Smart Glasses Next Month
Meta, the parent company of Facebook, has revealed plans to introduce new AI features to its smart glasses product, Ray Ban Stories. The company initially developed these smart glasses in collaboration with Ray Ban, offering users a stylish and innovative way to interact with augmented reality technology. The addition...
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Huawei Profit Surges as It Takes Share From Apple and Alibaba
In a significant development within the technology industry, Huawei Technologies Co. has maintained its momentum of robust quarterly profit growth, further solidifying its position against global giants Apple Inc. and Alibaba Group Holding Ltd. The Chinese networking and electronics leader reported a remarkable net profit of approximately 13.9 billion...
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AI Startup Cohere Nears Deal to Raise Funds at $5 Billion Valuation
Cohere, the artificial intelligence startup, is on the brink of securing a significant round of funding that would propel its valuation to an impressive $5 billion. The company, known for its cutting-edge AI technologies, is currently in advanced discussions with potential investors to raise a substantial sum of $500...
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