WeRide CEO: Path to Profitability Clearer This Year
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He s...
Taiwan’s Largest ETF Set for Record Inflow, Defying War Angst
Taiwan’s largest equity exchange-traded fund is on track for record inflows this month, as domestic investors defy the global turmoil sparked by the Iran war and pile into the technology-heavy product.
Wikipedia bans editors from using AI to generate article content
As artificial intelligence advances into the editorial and media landscapes, websites are working to establish rules for its use. This week, Wikipedia prohibited the use of AI-generated text by its editors, though it stopped short of completely banning the technology from its editorial processes. In...
Bloomer Tech's 'Smart Bra' Tracks Women's Cardiovascular Data
Alicia Chong Rodriguez, Founder and CEO of Bloomer Tech, joins Bloomberg Businessweek Daily to discuss the company's wearable Smart Bra, how the technology works, and what its data collection is used for. The clinically validated Bloomer TAG, a medical-grade smart bra with embedded textile sensors,...
Zelensky to ink air security deal with Saudi Arabia on surprise visit, says source
Ukrainian President Volodymyr Zelensky arrived in Saudi Arabia on Thursday for an unannounced visit, as the war in Iran spurs interest among Gulf countries in Ukrainian arms technology. The two countries are set to sign an agreement on “security cooperation — in particular, the protection of the ski...
Loomer: Zuckerberg addition to tech council ‘slap in the face to MAGA’
Conservative activist Laura Loomer on Wednesday said Mark Zuckerberg’s appointment to the inaugural President’s Council of Advisors on Science and Technology is a “slap in the face” to MAGA.  “We went from Zuckerberg for Prison to Zuckerberg now being appointed to President Trump’s White...
Google warns quantum computers could hack encrypted systems by 2029
Banks, governments and tech providers urged to upgrade security because current systems will soon be obsolete Banks, governments and technology providers need to be prepared for quantum computer hackers capable of breaking most existing encryption systems by 2029, Google has warned.The tech company...
Blackstone leads $250 million investment in UAE payments platform ADGT
ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding, NRT Technology, and Sightline Payments. Founded by Michael Dominelli, ADGT aims to build next-generation payments infrastructure supporting regulated digital ma...
China’s Pony AI to launch robotaxi service in Europe with Uber, local start-up
Chinese self-driving technology firm Pony AI plans to launch robotaxi services with partners Uber Technologies and Verne in Zagreb, Croatia, spearheading commercialisation of autonomous cabs in Europe amid an accelerated go-global drive. The three companies aimed to operate a fleet of thousands of r...
China’s lidar giants pivot to robotics as Jensen Huang praises Chinese supply chain
China’s two biggest makers of lidar sensors for cars, Hesai Group and RoboSense Technology, have ramped up investments in robotics products as the country consolidates its leading position in building a global supply chain for the fast-growing sector. Shanghai-based Hesai, the world’s largest produc...
Nvidia CEO warns 'You should know that you will lose your job to AI if your job is …'
Nvidia CEO Jensen Huang foresees AI significantly impacting task-based jobs, urging individuals to embrace AI for automation. He advises graduates to become AI experts, emphasizing that jobs will evolve, not vanish, as technology advances. Huang highlights that roles requiring human judgment, like...
Melania Trump shares the spotlight with a robot at an education and technology event
The robot accompanied the first lady to the White House East Room for the final day of a summit she had convened with counterparts from around the world through her Fostering the Future Together global initiative.
Why China’s humanoid robots are still waiting for their ‘ChatGPT moment’
A “ChatGPT moment” for China’s humanoid robots – the tipping point at which the technology becomes widely usable – remains years away as persistent challenges in adapting to new tasks and training efficiency continue to hold back the industry, leading experts said on Wednesday at the Boao Forum for...
Breaking down the verdict in the landmark social media addiction trial
In a landmark social media trial, Meta and YouTube were found liable for creating products that led to addictive behavior. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Global boost: IITs make mark in QS top 50 rankings by subject
Indian Institutes of Technology are solidifying their global standing in engineering, with multiple disciplines ranking in the world's top 50. Management education is also advancing, as seen with IIM Ahmedabad's rise. Overall, India's higher education system shows significant quality improvement and...
Watch: Humanoid robot walks alongside first lady Melania Trump at White House
Melania Trump hosted an AI-powered humanoid robot at the White House on Wednesday as part of a children's technology summit. The first lady delivered remarks on her mission "to empower children through technology and education."
'Billionaire Bunkers' Peter Thiel bets millions on startup that offers AI collar for Cows
Halter, a New Zealand firm, has secured $220 million in funding. This investment values the company at $2 billion. Halter's AI cow collars help farmers manage herds and monitor animal health. The company plans to expand its technology across New Zealand, Australia, and the US. Future growth includes...
From missiles to AI drones: How warfare has changed in 30 years
Modern warfare has dramatically changed. Technology like AI, drones, and cyber attacks now shape conflicts. These tools offer speed and precision, altering how wars are fought and prevented. India is also adapting its military strategy to this evolving landscape. The future of conflict lies in i...
Hong Kong’s Ocean Park uses AI to track, enrich lives of giant pandas, monkeys
Hong Kong’s Ocean Park has started using AI to better track the behaviour of its giant panda twins and golden monkeys, allowing for more personalised care and improved habitat design, with plans to extend the technology to dolphin research. The theme park’s chairman, Paulo Pong Kin-yee, also reporte...
Semicon China: AI, advanced packaging set to drive country’s chip industry growth
Agentic artificial intelligence and advanced packaging technology will be key growth drivers for China’s chip industry in coming years, as the country is expected to increase its share of chipmaking capacity to nearly half of the world’s total by 2028. According to data revealed at Semicon China, th...