The United States government recently announced new rules that limit the export of AI chips to certain countries and allow unlimited access to allies like Japan and the UK. The goal is to keep advanced computing power within the U. S. and its closest allies, while blocking access to countries like C
Overhaul, a supply chain visibility company based in Austin, Texas, has secured a whopping $55 million in funding. Leading the charge was Springcoast Partners, with existing investors Edison Partners and Americo also chipping in. This new cash influx aims to turbocharge Overhaul’s development in AI
Monday was a rough day for tech stocks, with big names like Nvidia, Palantir, and Rigetti Computing seeing significant drops. Nvidia fell by nearly 4%, Palantir by 3. 5%, and Rigetti Computing plummeted by 10%. Even last year's Nasdaq winner, AppLovin, wasn't spared, with a 3% loss. This sell-off ha
The US has just put new limits on AI chip exports to hold back China and Russia. This comes as Biden's term ends and hot on the heels of similar curbs last month. Tech companies like Nvidia and Oracle aren't happy, saying these rules might hurt US tech leadership. Officials say the goal is to keep
The U. K. is making a big shift in its stance on AI. Instead of focusing on the potential harms, it's now betting big on the technology. The government has launched a new plan to speed up public services and create jobs using AI. They're calling it a "decade of national renewal. " This includes sett
Blue Origin, Jeff Bezos' space company, had big plans to launch their New Glenn rocket from Florida's Space Coast at the start of 2025. This 320-foot-tall rocket intended to make its debut flight on January 13, within a three-hour window starting at 1 a. m. EST. However, things didn't go as planned.
Timekettle, a company known for its innovative translation devices, has just launched Babel OS. This software aims to change the way we communicate across language barriers. It offers real-time, emotion-filled translations and customizable lexicons. But how does this blend of hardware and software w
Imagine a world where artificial intelligence (AI) is as crucial as electricity. That future is closer than you think, and OpenAI wants the U. S. to take the lead. The AI startup recently shared its game plan, saying the U. S. needs serious cash and smart rules to outpace China. It’s all about chips
In a last-ditch effort to stop China from gaining the upper hand in AI technology, the Biden administration has announced new restrictions on the export of advanced AI chips. This move, coming just before Biden leaves office, is expected to strain relations with China. Tech giants like Nvidia and Or
In recent years, massive tech corporations have been sparking innovation in the world of medical research with new initiatives. One standout example is Apple's ResearchKit, launched in 2015. This tool lets medical researchers build apps on the iPhone that gather various types of data for research. B
