Amid rising geopolitical tensions, Western tech giants are retreating from China. According to South China Morning Post, Microsoft has quietly shut down its IoT & AI Insider Lab in Shanghai’s hi-tech zone. The report suggests that the lab, once a hub to boost China’s local IoT and AI deve...

Tech events have showcased a plethora of new startups and well-known brands displaying next-gen augmented reality (AR) smart glasses this year. This further highlights the industry's gradual shift towards AI-assisted AR smart glasses amidst the limitations in new applications development and the con...

Following U.S.’s first-ever Enterprise Artificial Intelligence Strategy announced in October, 2024, robotics companies in the country are calling for a national strategy and a dedicated federal office to support the industry as China ramps up its robotics push, according to Associated Press. Th...

Elon Musk believes that humanoid robots will evolve into a trillion-dollar industry, with Tesla’s Optimus robot potentially generating up to USD 10 trillion in revenue. According to a report from TechNews, citing CNN, while Tesla holds key advantages in the humanoid robotics industry, the landscap...

The U.S. government’s new tiered AI chip export restrictions—known as the AI Diffusion Rule—are set to officially take effect on May 15. According to Liberty Times, the regulation is expected to significantly impact major U.S. tech companies’ plans to invest in overseas data centers. As h...