Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the way it reports its financial results to give its foundry business, IFS, its own profit-and-loss…
The USA and India will announce multiple defense and technology collaborations during Indian Prime Minister Narendra Modi’s state visit to the USA as reported by the USA officials. Modi is on his maiden state visit to the USA. From deepening defense or military ties to increased collaboration on technology and diversification of supply chains, senior…
As governments contemplate whether artificial intelligence technology poses risks or threats and whether it needs regulation, Singapore is taking a wait-and-see approach. Lee Wan Sie, director of trusted AI and data at Singapore’s Infocomm Media Development Authority, said, “We are currently not looking at regulating AI.” IMDA promotes as well as regulates Singapore’s communication and media sectors….
France is making a high-profile push to place itself as Europe’s hub for artificial intelligence technology, throwing its weight behind the much-hyped and fast-growing AI technology. French President Emmanuel Macron said, “I think we are number one in AI in continental Europe, and we have to speed up.” Countries are looking to situate themselves as…
