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Samsung plans $44 billion chip investment in US
Apr 12,2024
Samsung Electronics Co. is gearing up for a major investment of$44 billion in chipmaking in the US, aligning with Washington's push to revive semiconductor production domestically. Expected to be unveiled in Taylor, Texas, alongside Commerce Secretar...
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Amazon announces investments in generative AI
Apr 11,2024
Amazon CEO Andy Jassy unveiled the company's substantial investments in generative AI technology in his annual shareholder letter, released on Thursday. With the growing significance of AI in driving business growth, companies like Amazon are making ...
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Prime Minister Kishida woos US investors for Japan's tech sector
Apr 11,2024
Japan is positioning itself as a promising destination for American investment in emerging tech sectors, with Prime Minister Fumio Kishida directly appealing to US executives during a lunch event in Washington. Kishida emphasised Japan's openness to ...
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Google unveils new AI chip to reduce reliance on major chipmakers
Apr 10,2024
Google unveiled its latest proprietary chip, Axion, demonstrating a willingness to reduce reliance on major chipmakers and bolster its position in the competitive AI landscape. Axion is tailored to manage vast datasets crucial for AI applications and...
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Biden administration to invest $6 billion in Samsung for chip production
Apr 09,2024
The Biden administration is set to announce a substantial investment of more than$6 billion in South Korea's Samsung next week, aimed at bolstering chip production in Taylor, Texas. The subsidy, to be revealed by Commerce Department Secretary Gina Ra...
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US and EU advance cooperation on digital ID standards
Apr 09,2024
Following a recent Trade and Technology Council (TTC) meeting, the US and the EU have announced significant progress in aligning technical standards for digital identity. A joint statement released after the meeting outlines plans to identify use cas...
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India and the EU collaborate on High-Performance Computing
Apr 09,2024
India has initiated action on the Cooperation on High-Performance Computing pact signed with the EU in 2022, inviting proposals from researchers to utilise HPC for various critical applications. The pact, established during a virtual ceremony in Nove...
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Italy's CDP to invest E1 billion in AI and cybersecurity
Apr 09,2024
Italy's Cassa Depositi e Prestiti (CDP) has announced a substantial investment of E1 billion over the next five years in AI and cybersecurity through its venture capital arm. The investment aligns with the Italian government's broader agenda, as the ...
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South Korea ramps up AI chip investment
Apr 09,2024
South Korean President Yoon Suk Yeol has unveiled plans to invest$6.94 billion in AI by 2027, aiming to solidify the nation's position as a leader in cutting-edge semiconductor chips. The commitment also includes a substantial$1.32 trillion fund for ...
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Microsoft announces new AI hub in London
Apr 08,2024
Microsoft has unveiled plans for a new AI hub in London, signalling a significant investment in advancing AI research and development. The initiative, part of the newly formed Microsoft AI organization, aims to pioneer language models and infrastruct...
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San Francisco tech leaders clash over proposed 'right to disconnect' law
Apr 03,2024
San Francisco's tech leaders are rallying against a proposed California law, AB 2751, that would enforce a 'right to disconnect' after work hours, fearing it could hinder startups. The bill, introduced by Assemblymember Matt Haney, aims to limit empl...
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Crypto registration requirement introduced in Argentina
Apr 03,2024
Argentina is implementing new rules for legitimate crypto exchange activities. These efforts started on March 14, 2024, when the Argentine Senate moved forward with legislation to curb money laundering and terrorism financing. It includes a mandate f...
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