In a dynamic move to enhance its artificial intelligence (AI) arsenal, Alibaba recently unveiled over 100 open-source AI models, named Qwen 2.5. This strategic decision is geared toward fortifying its competitive stance against domestic players like Baidu and Huawei, as well as global contenders such as Microsoft and OpenAI. By making these advanced models accessible,
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Molson Coors recently made headlines with its decision to reverse its diversity, equity, and inclusion policies. The company announced that it will be eliminating supplier diversity quotas, citing external factors beyond its control as a reason for the change. This shift in strategy is significant as it marks a departure from the company’s previous initiatives
In a recent development, OpenAI announced a partnership with Condé Nast that will have far-reaching implications for the future of media outlets and content creation. This collaboration will see OpenAI’s advanced AI products, including ChatGPT and SearchGPT, being utilized to display content from a variety of popular media platforms such as Vogue, The New Yorker,
Starbucks, a once thriving coffee giant, is now facing numerous operational issues that have been impacting its sales in recent quarters. Mobile orders, accounting for one-third of Starbucks’ total sales, have created chaos in stores, leading to frustrated customers, overwhelmed baristas, and long wait times. Former CEO Howard Schultz has identified the mobile app as
SpaceX is gearing up for an exciting new mission, Polaris Dawn, which is set to launch at the end of the month. This mission, part of billionaire Jared Isaacman’s Polaris Program, will mark the first attempt at a spacewalk by a private venture. The crew, led by Isaacman himself, will include long-time colleague Scott Poteet,
John Schulman, the co-founder of OpenAI, recently announced his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. This move comes shortly after the dissolution of OpenAI’s superalignment team, which was dedicated to ensuring human control over advanced AI systems. Schulman, who led OpenAI’s post-training team focused on AI
Samsung Electronics recently announced its second-quarter results, reporting higher-than-expected revenue and operating profit. The company saw a revenue of 74.07 trillion Korean won, which translates to about $53.45 billion, surpassing analysts’ average estimate of 73.74 trillion Korean won. Additionally, Samsung’s operating profit reached 10.44 trillion Korean won, exceeding the projected 9.53 trillion Korean won. This
The aviation industry has been facing significant challenges in airplane production post-pandemic. With massive airplane orders missing from this year’s biggest air show, both Boeing and Airbus are struggling to ramp up production while dealing with the aftermath of the pandemic. Issues such as training new workers and ensuring timely commitments have been highlighted as
As China’s highly anticipated “Third Plenum” gets underway, there are dire predictions regarding the constraining of the financial sector, especially in light of the country’s slowing economic growth. The focus is shifting towards reinforced support for high-tech and manufacturing, areas that are expected to see continued success in the coming years. It is believed that
The semiconductor industry is currently facing a myriad of challenges in recruiting skilled workers amid a tight labor market. As the competition for talent continues to intensify and funds from the CHIPS and Science Act are allocated to boost domestic production, companies in the industry are finding it increasingly difficult to find qualified individuals to
The U.S. Track & Field Olympic Trials have been witnessing a different breed of athletes this year – unsponsored ones. These 35 athletes are part of Bandit Running’s Unsponsored Project, where they defy the traditional sponsorship model by donning all-black, logo-less gear. This initiative challenges the norm where athletes are expected to promote major brands
As of the end of 2023, Apple, Microsoft, Amazon, and Google stood as the leading global brands, dominating the market with their valuable presence. However, a surprising name emerged as a fierce contender in the race for market cap dominance – Nvidia. With a staggering valuation of $3.1 trillion (briefly reaching $3.3 trillion), Nvidia soared
The burgeoning demand for cloud computing and artificial intelligence has propelled Malaysia onto the global data center stage. In recent years, the country has become a magnet for investments from tech giants such as Google, Nvidia, and Microsoft. The city of Johor Bahru, situated on the border with Singapore, has emerged as a focal point
In a surprising move, Nvidia CEO Jensen Huang unveiled the company’s next generation of artificial intelligence chips, named “Rubin,” just months after the announcement of the “Blackwell” model. The announcement took place ahead of the COMPUTEX tech conference in Taipei, marking a significant advancement in AI chip technology by Nvidia. With the introduction of Rubin,