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South Korea targets a 2030 Moon landing in a seven-part technology plan

Asia, Digital Marketing, SEO Tips, Space, Technology /

South Korea has set out seven strategic technology programmes it intends to pursue after artificial intelligence, including an uncrewed Moon landing by 2030, President Lee Jae-myung announced on Wednesday at a meeting of scientists, executives and investors at the presidential office. The programmes, branded the “Seven Major SEED”, cover small modular reactors, nuclear fusion, next-generation renewable […]

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Foxconn now makes more money from AI servers than from everything else combined

Artificial Intelligence, Asia, Business, Digital Marketing, nvidia, semiconductors, SEO Tips, Technology /

Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer electronics, the division that contains the iPhone, came to […]

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Hong Kong educators want a social media ban for under-16s. The government says it has no plans to legislate.

Asia, Digital Marketing, Government and policy, SEO Tips, social media, Technology /

Hong Kong educators and a lawmaker are urging the city to ban children under 16 from social media, calling addiction “the biggest problem facing education.” At a panel discussion this week, Lilian Chan Lui Ling-yee, honorary president of the Yan Oi Association of Principals, said legislation was needed to protect the next generation. A survey […]

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ByteDance quietly makes $4bn a year from AI. It just broke up an app to make more.

Artificial Intelligence, Asia, Business, China, Corporates and innovation, Digital Marketing, SEO Tips, Technology /

ByteDance is quietly winning a race in China that most people are watching in America. The company behind TikTok now makes about $4bn a year from artificial intelligence. That is the largest figure any Chinese firm has publicly claimed, the South China Morning Post reported. To press that lead, ByteDance is tearing up part of […]

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Cursor cut its India price to $7, and its own AI models are why

Artificial Intelligence, Asia, Business, Digital Marketing, India, SEO Tips, Startups and technology, Technology /

Cursor has cut the price of AI coding in India to about $7 a month. The interesting part is how it can afford to. The startup launched Cursor Start on Monday, a ₹649 plan sold only in India, TechCrunch reported. It sits well below the $20 Pro subscription. It is also the first time Cursor […]

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Coforge says AI is expanding its margins. Its rivals call it ‘AI deflation’

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Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an industry bracing to shrink. HCL Technologies has warned of “AI deflation”. […]

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Taiwan detains an Nvidia employee as its chip-smuggling probe reaches the chipmaker

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Taiwan’s investigation into smuggled AI hardware, which began with Super Micro and had spent months working through the island’s distributors, has now reached inside Nvidia itself. On July 28, prosecutors detained an Nvidia employee as part of the probe into whether restricted AI servers were being routed to China, Bloomberg first reported, the first time the […]

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CXMT’s founder is giving 40% of his new fortune to his workers

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Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according to the Bloomberg Billionaires Index. About 40% of that is […]

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CXMT soared 466% on day one to become China’s most valuable onshore company

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China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 trillion yuan, or about $485bn. The numbers are hard to overstate. CXMT priced […]

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Vietnam wants under-16s to keep their accounts, just not post on them

Asia, Digital Marketing, Government and policy, SEO Tips, social media, Technology /

Vietnam has settled on an unusual way to police children online. Under a draft decree unveiled this week, users under 16 would keep their social media accounts but lose the right to post, comment, or react to anything on them. It is a narrower move than Australia’s outright ban, and a stranger one, because it […]

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