Nvidia and Amazon AI supplier Foxconn is investing in Mexico

Nvidia and Amazon AI supplier Foxconn is investing in Mexico

Photo: Jose Luis Gonzalez (Reuters) For many, hearing the name Foxconn immediately brings to mind iPhone production. It’s true, the Taiwanese company is a major producer of Apple’s smartphones and other products. But it also makes something companies like Nvidia, Amazon, and more are in high demand of: AI-related hardware. And Big Tech companies in … Read more

Stocks drop in an ugly day as allure grows to buy a Treasury bill and chill

Stocks drop in an ugly day as allure grows to buy a Treasury bill and chill

The New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way … Read more

Tracing escalation of AI investments in 2023, CIOSEA News, ETCIO SEA

Tracing escalation of AI investments in 2023, CIOSEA News, ETCIO SEA

The artificial intelligence (AI) investment terrain ruled all else this year, given the next-gen technology’s potential to revolutionise not just the world of technology but industries at large — from self-driving cars to advancing healthcare, it has left no stone unturned. As a new Statista report elucidates, the global AI market is currently valued at … Read more

African tech startups take aim at AI ‘colonialism’, ET Telecom

African tech startups take aim at AI ‘colonialism’, ET Telecom

By Kim Harrisberg JOHANNESBURG: Called Lelapa AI, the artificial intelligence research lab headed by Pelonomi Moiloa means home in southern Africa’s Sotho and Tswana languages – a name that reflects its goal of building algorithms designed by Africans, for Africans. Lelapa AI is one of a clutch of African startups that aims to offer an … Read more