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U Mobile partners with Huawei and ZTE for Malaysia's 5G rollout
U Mobile has partnered with Huawei and ZTE to deploy Malaysia's 5G network using a dual model, with Huawei managing West Malaysia and ZTE overseeing East Malaysia. The company aims for 80% coverage in populated areas within 12 months, increasing to 90% the following year, while maintaining competitive wholesale rates similar to current operators. This strategy reflects Malaysia's distinct approach to 5G deployment amid global security concerns surrounding Chinese vendors.
Whatfix embraces artificial intelligence to achieve 150 million ARR goal
Whatfix is intensifying its focus on artificial intelligence as it aims to achieve a $150 million annual recurring revenue (ARR) milestone by 2025. The company's strategic shift highlights its commitment to leveraging AI technologies to enhance its offerings and drive growth in the competitive market.
nvidia to produce ai chips in the united states by 2025
Nvidia is set to manufacture AI chips in the United States for the first time, marking a significant shift in its production strategy. This move highlights the company's commitment to expanding its domestic manufacturing capabilities by 2025.
Korean AI startup secures 15 million investment to enhance robotics capabilities
RLWRLD, a Korean AI startup, has raised $15 million in seed funding from notable investors including LG Electronics and SK Telecom. The funds will enhance its robotics foundation models and industrial data pipelines, positioning the company to tackle workforce challenges in manufacturing through advanced physical AI solutions. This investment reflects a growing trend of cross-border industrial alliances in AI development, emphasizing collaboration among major corporations to drive innovation.
ViTai Robotics secures 13.8 million dollars funding for humanoid robot technology
Shanghai's ViTai Robotics has secured $13.8 million in funding, led by Xiaomi, to develop visual-tactile sensing systems for humanoid robots. The investment will support R&D and commercialization of technology aimed at enhancing robotic dexterity for industrial and consumer applications, while also facilitating international expansion.
AMD prepares to begin chip production at TSMC Arizona facility
AMD's CEO has announced the company's readiness to commence chip production at TSMC's facility in Arizona. This development marks a significant step in AMD's manufacturing capabilities and collaboration with TSMC, enhancing their operational footprint in the U.S.
RLWRLD secures 14.8 million dollars to develop robotics foundational model
RLWRLD has successfully raised $14.8 million to develop a foundational model aimed at advancing robotics technology. This funding marks a significant step in the company's mission to innovate within the robotics sector, positioning it for future growth and development.
Nvidia plans to create AI tools valued at 500 billion dollars in US
Nvidia is set to develop AI tools valued at up to $500 billion in the United States over the next four years. This ambitious initiative underscores the company's commitment to advancing artificial intelligence technology and its potential economic impact.
global energy innovation trends highlight funding shifts and emerging technologies
Innovation in energy technologies is surging globally, with significant VC funding growth from 2015 to 2022, although a decline of over 20% is expected in 2023-2024 due to inflation and policy uncertainties. Saudi Arabia is advancing its energy diversification through nuclear power and carbon capture initiatives, while the IEA emphasizes the need for sustained investment in emerging technologies to enhance energy security and sustainability.
Trump announces upcoming tariffs on imported semiconductor chips
Tariffs on imported semiconductor chips are set to be implemented soon, as announced by former President Trump. This move is part of ongoing efforts to reshape the semiconductor industry and address trade imbalances. The implications for the tech sector and global supply chains remain to be seen.
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