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Huawei’s new smart car firm valued up to $35 billion amid advanced stake talks | Reuters News Agency
AutomotiveTechnology 29 November 2023, 10:09 am 1 minute Reuters exclusively reported that Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto. Market Impact Huawei will likely remain the single largest shareholder with…
Amazon’s Audible unit lays off about 5% of staff
Amazon‘s Audible division is cutting approximately 5% of its staff in an effort to position the unit “for continued success,” the executive overseeing the division told employees Thursday. “We did not take this route without considerable thought,” Audible CEO Bob Carrigan wrote in a memo to staffers that was viewed by CNBC. “But getting leaner…
People Are Using ChatGPT For Therapy. Here’s What Mental Health Experts Think About That.
“I started thinking that I could build an AI therapist using the ChatGPT API and tweak it to meet the specifications for a therapist,” she said. “It increases accessibility to therapy by providing free and confidential therapy, an AI rather than a human, and removing stigma around getting help for people who don’t want to…
The Role of AI in Cybersecurity: Enhancing Protection in the Digital Age
AI significantly enhances cybersecurity by detecting threats faster and automating responses. It improves accuracy in identifying vulnerabilities. In the digital age, cyber threats are evolving rapidly. Traditional security measures often fall short in detecting sophisticated attacks. AI plays a crucial role in addressing these challenges. It analyzes vast amounts of data in real-time, identifying patterns…
Malaysia is doubling down on the chip industry to capture growth in EVs
Tesla Inc. signage during a launch of company’s Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Malaysia is doubling down on the semiconductor industry to capture growth in the growing electric vehicle market. In an exclusive interview with CNBC’s “Squawk Box Asia” on Thursday,…
The top tech trends to watch in 2024
LAS VEGAS — If the past two years proved that generative artificial intelligence and large language models aren’t going anywhere, 2024 will be year they get embedded into products you may actually want to buy. To see the proof, start by looking to Las Vegas this week. CES, one of the largest technology trade shows…
