Nvidia CEO Predicts AI Competition with Humans within 5 Years
Nvidia CEO Jensen Huang expresses confidence in AI keeping up with human intelligence within 5 years as the company thrives in the booming demand for high-powered GPUs.
Tech
Elon Musk Criticizes Advertisers for Withdrawing from X Over Hate Speech
Elon Musk expressed frustration towards advertisers who stopped spending on his social media platform X in response to hate speech. He also apologized for endorsing an antisemitic conspiracy theory.
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Didi Global Apologizes with Coupons for App Glitch
Didi Global, the Chinese ride-hailing service, offers 10 yuan coupons to millions of users as an apology for a system glitch on its app that left customers unable to book rides and overpaying.
Apple Seeks to Terminate Partnership with Goldman Sachs for Credit Card and Savings Account Services
Apple is looking to end its credit-card partnership with Goldman Sachs within the next 12 to 15 months, potentially severing one of the most prominent bank-tech company collaborations.
Michigan to Regulate AI Political Ads as Federal Legislation Is Pending
Michigan is set to enact legislation to regulate the use of AI in political ads, as concerns grow about the impact of deepfakes on the 2024 elections. The state law would require clear disclosure of AI use and ban AI-generated deepfakes close to election days.
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GM Cuts Spending on Cruise After Accident
General Motors plans to reduce spending on its self-driving unit Cruise following a pedestrian accident.
SenseTime’s Stock Plunges Amid Allegations of Revenue Inflation
SenseTime, a Chinese AI firm, sees its stock drop by 9.7% following allegations of revenue inflation by U.S. short seller Grizzly Research.
SenseTime Responds to Allegations of Inflating Revenue
SenseTime, a leading Chinese AI company, denies allegations of revenue inflation made by research firm Grizzly, causing a significant stock drop and prompting a review of its business practices.
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Realme Celebrates 200 Million Shipments and Plans to Launch Premium Phones
Chinese smartphone brand Realme achieves a milestone of shipping over 200 million phones worldwide in a little over five years. The company, most notable outside of China, plans to introduce premium phones with advanced features to compete in the market.
Coinbase CEO’s Optimistic Outlook on Crypto Industry Post Binance Settlement
Coinbase CEO Brian Armstrong expresses optimism for the crypto industry’s future after historic Binance settlement, emphasizing the potential for regulatory clarity to attract more investment.