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According to Israeli media outlet CTech, NVIDIA is seeking to acquire land in northern Israel for the development of a large-scale campus. The total investment—including land and construction—is expected to reach several billion dollars. If the plan moves forward, the site could become Israel’...
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With key parts of the EU’s landmark AI Act set to take effect as early as August, over 40 European CEOs—including chipmaking tool giant ASML and big techs Philips and Siemens—are calling for a two-year delay, warning that rushing the rollout could hurt Europe’s global competitiveness and sta...
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Tech industry layoffs are continuing. According to Bloomberg, TikTok is conducting another round of job cuts within its U.S. e-commerce unit, TikTok Shop—marking the third round of layoffs for them since April. The company did not respond to inquiries about the number of employees affected, the re...
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According to Commercial Times, following the success of DeepSeek-R1 earlier this year, major Chinese tech companies have been actively advancing the development of open-source AI models, driving down the cost of using large models by 60% to 80%. Notably, on June 30, both Baidu and Huawei announced ...
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Recently, chip giants NVIDIA and Intel have both announced major leadership changes. While NVIDIA strengthens its dominance in AI computing by attracting top talent, Intel is accelerating its strategic transformation toward AI with executive reshuffles. Two AI Experts Join NVIDIA AI scientists...