America's biggest defence tech company Palantir to help IRS detect taxation fraud
The IRS has partnered with Palantir for a new tool, SNAP, to enhance audit selection and investigations. This $1.8 million contract aims to overcome the agency's outdated technology. SNAP analyzes existing data to identify potential tax discrepancies in areas like disaster relief and energy credits,...
HK Tech IPOs Gain Momentum as Manycore Approaches Listing
Hong Kong's IPO market for the technology sector showed strong momentum on Monday, as the leading company of the trend, Manycore Tech, a spatial intelligence unicorn and one of Hangzhou's "Six Little Dragons," reportedly entered the final sprint toward a listing.
As more Americans adopt AI tools, fewer say they can trust the results
AI adoption is rising in the U.S., but trust remains low, with most Americans concerned about transparency, regulation, and the technology’s broader societal impact, according to a new Quinnipiac poll.
Drilldown: Amplify BlueStar Israel Technology ETF
Steven Schoenfeld, CEO of MarketVector Indexes, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Amplify BlueStar Israel Technology ETF (Ticker: ITEQ). (Source: Bloomberg)
Quilty, AI Platform Designed to Change How Scripts Are Developed and Assessed, Launches (EXCLUSIVE)
Quilty, a new artificial intelligence platform designed to help the entertainment industry make more informed financial and creative decisions, has launched. The technology includes creative analysis for scripts and projects, packaging suggestions, as well as market forecasting about how the film wi...
From ‘For China’ to ‘For The World’: How Foreign Firms Are Tapping Into Country's Innovation Boom
Ola Kallenius, chairman of the Board of Management of Mercedes-Benz Group AG, still remembers the first time he met Cao Xudong, founder of Chinese technology company Momenta, back in 2017 when the startup was still in its infancy.
Steve Wozniak says AI lacks real understanding and human emotion
Steve Wozniak has expressed skepticism about the current state of artificial intelligence, stating that he is not convinced the technology can match, much less replace, human intelligence. In recent public appearances, the Apple co-founder mentioned that he has primarily avoided relying on AI tools,...
What makes Yuanjie – a Chinese optical chip star and Hong Kong IPO candidate – stand out?
Yuanjie Semiconductor Technology, a Chinese maker of laser chips for optical communications, has emerged as one of the mainland exchanges’ biggest beneficiaries of the artificial intelligence infrastructure boom – with its shares rising nearly ninefold over the past year as it pursues a Hong Kong li...
Drone swarms: The potential AI future of drone warfare
The architect of Ukraine's drone program Oleksandr Kamyshin told Holly Williams drone swarm technology that uses AI would provide a major advantage in the war with Russia, and there is an arms race for the technology. "Both countries are close. None got there yet," he told 60 Minutes.
How Meta’s Manus purchase proves ‘Singapore washing’ may no longer work for China, US firms
Meta's $2 billion acquisition of AI startup Manus is under scrutiny by Chinese authorities, who are investigating potential violations of technology export and overseas investment rules. This development highlights the increasing regulatory focus on where technology is developed, not just where comp...
Two months after Gemini deal, Apple hires ex-Google executive to head AI push
Apple has hired Lilian Rincon from Google to lead its AI product marketing. This move comes as Apple prepares to launch a significantly improved Siri later this year. The new Siri will be rebuilt using technology from Google's Gemini AI model. Apple and Google have entered a multi-year collaboration...
Hong Kong breaks ground on Northern Metropolis data centre to power AI push
Construction has begun on a major data centre in Northern Metropolis, with Hong Kong’s innovation and technology minister saying the project will supercharge the city’s computing power and drive the national AI push. A groundbreaking ceremony was held on Saturday at the Range (Hong Kong) Sandy Ridge...
Are you addicted to technology? Six questions experts use to help spot red flags
A landmark court ruling has many asking whether their own tech use should raise red flags. Clinicians in the field suggest asking yourself a few brutally honest questions.
MTR Corp’s use of CRRC technology can act as ‘showcase’ for rest of the world
The deployment of mainland China-made rail equipment and technologies by Hong Kong’s MTR Corporation can provide a “showcase” for their applications overseas, a top representative of manufacturing giant CRRC has said. Jin Guozhong, chief engineer of the CRRC Qishuyan Institute, the Chinese state-own...
Apple cofounder Steve Wozniak admits he’s ‘disappointed a lot’ by AI and hardly uses it: ‘They just sound too dry and too perfect’
“I really have disconnected from the technology quite a bit,” Wozniak said in a recent CNN interview.
The Army and Amazon are creating an online storefront to buy drones as the technology transforms the battlefield
Warfare is changing dramatically as demonstrated by Iran and Ukraine, where large salvos of cheap drones have overwhelmed traditional defenses.
US court rules against Pentagon in killer AI dispute
A US judge has blocked the Pentagon’s contract ban with Anthropic after the AI company refused to allow military use of its technology Read Full Article at RT.com
Number of AI chatbots ignoring human instructions increasing, study says
Exclusive: Research finds sharp rise in models evading safeguards and destroying emails without permissionAI models that lie and cheat appear to be growing in number with reports of deceptive scheming surging in the last six months, a study into the technology has found.AI chatbots and agents disreg...
Wikipedia bans editors from using AI to generate article content
As artificial intelligence advances into the editorial and media landscapes, websites are working to establish rules for its use. This week, Wikipedia prohibited the use of AI-generated text by its editors, though it stopped short of completely banning the technology from its editorial processes. In...
Loomer: Zuckerberg addition to tech council ‘slap in the face to MAGA’
Conservative activist Laura Loomer on Wednesday said Mark Zuckerberg’s appointment to the inaugural President’s Council of Advisors on Science and Technology is a “slap in the face” to MAGA.  “We went from Zuckerberg for Prison to Zuckerberg now being appointed to President Trump’s White...