Technology

OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate

OpenAI's advertising business has reached a $1 billion annualized revenue run rate as it rolls out ad tools on ChatGPT for businesses worldwide.

Hawaii Declares Emergency as Hurricane Lowell Nears Kauai and Niihau

Hawaii declared a state of emergency on Sunday as Category 3 Hurricane Lowell neared Kauai and Niihau, prompting a tropical storm warning and flooding fear

Fireworks Blast at Mexico Church Festival Kills 10, Injures 64

A fireworks explosion at a patron saint festival in Temascalcingo, central Mexico, killed at least 10 people and injured 64 on Saturday night.

NFL Extends Roger Goodell Through 2030 in Performance-Heavy Contract Deal

NFL commissioner Roger Goodell agreed to a four-year contract extension running through the 2030 season, with over 95% of pay tied to performance.

US Energy Secretary Wright Warns No Iran Nuclear Deal May Emerge

US Energy Secretary Chris Wright said on Sunday there may not be a nuclear agreement with Iran, as talks stall and military action continues.

Ant Group Restructures Alipay into Two Business Units for Growth

Ant Group, the fintech giant affiliated with Alibaba Group, has announced a significant reorganization of its mobile payment platform, Alipay. The company is splitting...

Quantum Computing Breakthrough with Google’s Willow Chip: Implications for Cryptocurrencies

Google has unveiled Willow, a quantum computing chip capable of unprecedented computational speeds while significantly reducing error rates. This breakthrough could reshape industries, including...

Sweetgreen Debuts Robotic Kitchens for Faster, Fresher Salads

Sweetgreen, a California-based restaurant chain, has unveiled its latest innovation, the Infinite Kitchen, at its Willis Tower location in Chicago. This automated system revolutionizes...

Waymo to Begin Autonomous Vehicle Testing in Tokyo in 2025

Waymo, Alphabet’s autonomous vehicle unit, announced plans to begin testing its self-driving cars in Tokyo in early 2025, marking its first international expansion and...

Temu Tops U.S. App Charts Again Amid Rising Trade Tensions

Temu, the e-commerce platform owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on the U.S. iOS store for...

Apple to Launch In-House Wireless Chips by 2025

Apple is advancing its strategy to develop in-house components by creating its own Bluetooth and Wi-Fi chip, code-named Proxima, set to debut in 2025....

China’s Gaming Industry Hits Record $44.8 Billion in 2024

China’s video gaming industry achieved record sales of 325.8 billion yuan ($44.8 billion) in 2024, marking a 7.53% growth from the previous year, according...

China Ramps Up Robotics Innovation with Ambitious Policies

Local governments across China are implementing policies to boost robotics innovation and deployment, particularly humanoid robots, as national policymakers emphasize future industries during the...

Xiaohongshu Prepares for Hong Kong IPO Amid Surging Profits

Social media platform Xiaohongshu, known as “Little Red Book,” is preparing for an initial public offering (IPO) in Hong Kong as its profitability surges,...

China Forms AI Standardization Committee with Leading Tech Firms

China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of an “AI Standardization Technology Committee,” which will spearhead the development and...

ByteDance Focuses on Generative AI and Video Tools in Strategic Expansion

ByteDance, the parent company of TikTok and Douyin, is increasing its investments in generative artificial intelligence (GenAI) technologies, with a particular focus on video-generation...

Ex-OpenAI Engineer Launches Light Robotics with Offices in Singapore and China

Roger Jiang, a former engineer at OpenAI, has launched a new robotics company named Light Robotics, with headquarters in Singapore and Shenzhen. Established in...

Waymo Expands Self-Driving Service in Los Angeles, Removes Waitlist

Waymo, the autonomous vehicle arm of Alphabet, has removed the waitlist for its self-driving service in Los Angeles, marking a major milestone in the...

Spotify Q4 Guidance Exceeds Expectations, Shares Rise

Spotify's shares saw a significant boost in extended trading on Tuesday, rising approximately 8% following the company's better-than-expected guidance for the fourth quarter, despite...

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