China will invest billions in the Cyberspace Administration's language model, based on Xi Jinping's ideology. They boast that it is more "secured and reliable" as ChatGPT remains inaccessible in China.
Sectors
Tesla Shareholders Oppose Elon Musk Pay Package, Say CEO Lacks Strong Leadership for Being Busy to Other Businesses
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
Electric Vehicles Are Three Times More Likely to Hit Urban Pedestrians Than Fuel Cars, Study Reveals
A BMJ study found electric vehicles are three times more likely to hit urban pedestrians and twice as likely in rural areas compared to petrol or diesel cars.
Macy's Boosts Profit Outlook Amid Early Turnaround Success Under New CEO Tony Spring
Macy's increases profit forecast despite cautious consumer spending, driven by successful turnaround plan under CEO Tony Spring.
Chinese Scientists Develop Cheap Aluminum Alloy with Record Thermal Resistance, Six Times Stronger than Standard Alloys
Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications.
Latest News
Dubai Airports expects a record surge in passenger traffic this year, projecting over 100 million travelers by 2027, with 91 million anticipated by the end of 2024, despite recent disruptions from severe flooding.
Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
Microsoft, Amazon, OpenAI, and other tech giants have committed to a landmark international AI safety agreement at the Seoul AI Safety Summit, including a "kill switch" to halt AI development if risks cannot be mitigated.
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
Grocery price inflation in the UK has slowed to its lowest level since October 2021 and is gradually returning to "more normal levels," according to industry data.
Peloton Interactive Inc. will reportedly undertake a "global refinancing" to resolve its debt and recover from a recent sales dip.
Donald Trump Raises More Money Than Joe Biden for First Time After Ramping up Big-Dollar Fundraisers
Former President Donald Trump raised more money in April than President Joe Biden for the first time in this election period.
Apple analyst Ming-chi Kuo speculated that the iPhone 16 would come in two new colors that would replace two colors Apple is planning to discontinue.
Elon Musk has compared the functionality of a new feature of Microsoft Windows PCs to an episode of "Black Mirror."
