Breakthroughs shaping the artificial intelligence landscape. GizNewsDaily

TSMC Hits Trillion-Dollar Valuation, Boosted by AI Revolution

All News, Artificial intelligence / By Giz / Semiconductor Industry Growth, TSMC 3nm N3E, AI Demand

The rise of artificial intelligence is significantly impacting Wall Street, evidenced by Taiwan Semiconductor Manufacturing Company (TSMC) recently achieving the remarkable milestone of joining the elite trillion-dollar market capitalization club. This achievement places TSMC among the world’s top technology firms and underscores the increasing significance of the semiconductor industry. TSMC’s Market Surge TSMC’s market capitalization briefly […]

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OpenAI CEO Sam Altman Launches Thrive AI, a Personalized Health Coach

All News, Artificial intelligence / By Giz / Thrive AI Health, Personalized Health Coaching, AI-Driven Wellness

A new company named Thrive AI Health is set to transform wellness using artificial intelligence. Co-founded by Arianna Huffington and Sam Altman, the CEO of OpenAI, Thrive AI employs AI to develop a personalized “health coach” tailored to individual needs. This coach evaluates various facets of your life, such as sleep, diet, fitness, stress, and social

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Huawei CEO reveals strategy to keep China leading in AI

All News, Artificial intelligence / By Giz / China AI Development, Huawei Ascend 910-series, U.S. Sanctions

At the World AI Conference in Shanghai, Zhang Ping’an, CEO of Huawei Cloud, delivered a compelling message about China's AI progress despite U.S. sanctions on advanced GPUs and chipmaking technology. Even with restricted access to top-tier processors, Zhang stressed that China can still lead in AI without solely depending on high-end chips. Zhang downplayed concerns that

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Apple Joins OpenAI Board as Observer, Gaining AI Future Insights

All News, Artificial intelligence / By Giz / Apple, OpenAI, ChatGPT integration

In a major development revealed last month, Apple will assume an observer role on OpenAI’s board. This collaboration aims to enhance Apple’s AI capabilities and its standing in the technology sector. Phil Schiller, who heads Apple’s App Store and is the former marketing chief, will take on this role later this year. Phil Schiller will participate

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Samsung Q2 Profit Soars 13x, Boosted by AI and Chip Industry

All News, Artificial intelligence / By Giz / Samsung, AI chip demand, Semiconductor Recovery

Samsung Electronics has projected a staggering 13-fold increase in its second-quarter profit, marking a notable recovery from the same period last year. The estimated operating profit for Q2 2024 is 8.8 trillion won ($6.34 billion), a significant rise from the 670 billion won reported in Q2 2023. This represents Samsung's highest profit since the third quarter

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Elon Musk to Speak at World AI Conference in Shanghai

All News, Artificial intelligence / By Giz / Elon Musk, WAIC2024

The World Artificial Intelligence Conference (WAIC) is scheduled to occur in Shanghai from July 4th to July 7th, 2024. The theme for this year is “Governing AI for Good and for All,” and the event will span a massive exhibition area of 52,000 square meters. One of the most eagerly awaited moments of the conference is

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MediaTek AI-Powered Video Creation on Dimensity 9300 & 8300

All News, Artificial intelligence / By Giz / MediaTek Dimensity 9300, AI Video Creation, OpenAI Sora

AI is rapidly evolving, enabling the creation of videos from stable images, a process termed image-to-video creation. Utilizing stable diffusion, AI can transform still images into videos. Advanced AI models have now made it possible to generate text-to-video content based on user prompts. For example, OpenAI’s Sora can produce highly realistic videos. For a closer look,

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OpenAI Bans China Developers, Boosting Local AI Sector Growth

All News, Artificial intelligence / By Giz / OpenAI Ban, Chinese AI Growth, Local LLM Development

OpenAI’s decision to restrict access for developers based in China is set to reshape the AI industry in the region. Industry experts and analysts suggest that this decision won't impede but rather boost the development of the Chinese AI sector. Zhou Hongyi, CEO of Qihoo 360, foresees that the restriction will steer Chinese users towards indigenous

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Honor Launches AI Eye Protection and Deepfake Detection

All News, Artificial intelligence / By Giz / User Safety, honor, on-device AI

Honor has showcased its advancements in on-device AI at MWC Shanghai 2024, with a focus on user empowerment and safety. The company introduced two AI features: AI Defocus Eye Protection and AI Deepfake Detection. With the rise of nearsightedness due to prolonged screen time, Honor’s AI Defocus Eye Protection offers a unique solution. By simulating defocus

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China’s Big Bet on Memory Chips: Can They Win the Global Race?

All News, Artificial intelligence / By Giz / China Semiconductor Expansion, High-Bandwidth Memory Challenges, US Sanctions Impact

China faces a challenging yet promising landscape in the high-bandwidth memory (HBM) chip market and the broader semiconductor industry, driven by surging global demand and strategic expansions. High-bandwidth memory chips are experiencing a significant surge in demand, primarily due to their vital role in AI applications within data centers. This growing demand is expected to contribute

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