Business

This week in AI: Apple delays AI features launch, Taco Bell rolls out Voice AI in drive-thrus, EU AI Act takes effect
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3 August, 2024

This week in AI: Apple delays AI features launch, Taco Bell rolls out Voice AI in drive-thrus, EU AI Act takes effect

The AI landscape continues to boom, with Taco Bell setting up Voice AI on several of its drive-thru locations, firms...
India, UK’s technology security initiative to focus on AI and defense ties in Indo-Pacific region
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3 August, 2024

India, UK’s technology security initiative to focus on AI and defense ties in Indo-Pacific region

The initiative will see both nations increase their collaborative efforts in AI, semiconductors, essential minerals, and telecommunications, focusing on defense...
Taiwan earmarks $94M to boost natural disaster capabilities with AI
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3 August, 2024

Taiwan earmarks $94M to boost natural disaster capabilities with AI

With the worsening climate change, Taiwan is boosting its resiliency with artificial intelligence, setting aside a big chunk of the...
Samsung’s Q2 operating profits surge 1,400% on strong AI chip demand
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2 August, 2024

Samsung’s Q2 operating profits surge 1,400% on strong AI chip demand

Samsung projects its most advanced chips to account for 60% of its chip sales by Q4 if they finally meet...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
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2 August, 2024

Coinbase profits plunge as retail traders lose their appetite for self-destruction

Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...
Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization
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2 August, 2024

Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization

After the real-time gross settlement crash in July, the BOE is looking for a solution to update the network, proposing...
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