Alibaba’s Shares Skyrocket as Investment in AI and Cloud Technology Pays Off Alibaba, the Chinese e-commerce giant, has been making headlines recently as its shares soar due to its strategic investment in artificial intelligence (AI) and cloud technology. The company’s decision to invest in proprietary AI hardware is not only aimed at reducing its reliance […]
Apple pledges $100 billion more to boost US chip production
Apple Pledges $100 Billion More to Boost US Chip Production In a strategic move to bolster its chip production capabilities, tech giant Apple has pledged an additional $100 billion investment. This decision comes at a crucial time when the company is facing mounting pressure to advance its artificial intelligence (AI) efforts and aligns with the […]
EU approves €1.3bn funding for semiconductor advanced packaging facility
EU Approves €1.3bn Funding for Semiconductor Advanced Packaging Facility The European Union Commission has taken a significant step forward in bolstering the semiconductor industry by approving €1.3 billion in funding to support the establishment of a cutting-edge semiconductor advanced packaging facility in Novara, Italy. Semiconductors are the backbone of modern technology, powering everything from smartphones […]