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5 things about AI you may have missed today: Mphasis launches DeepInsights Doc AI, OpenAI bets on humanoid robots, more

29Feb

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Technology

5 things about AI you may have missed today: Mphasis launches DeepInsights Doc AI, OpenAI bets on humanoid robots, more

[ad_1] Mphasis launches DeepInsights Doc AI for advanced document processing; OpenAI partners with Figure AI to elevate humanoid robots with advanced AI models; Author Calum Chace optimistic about AI's impact on jobs; Meta CEO Zuckerberg explores AI chip collaboration with Samsung in Asia tour- this and more in our daily roundup. Let us take a look.1. Mphasis launches DeepInsights Doc AI for advanced document processingMphasis Ltd's shares rose by 0.31% as it unveiled DeepInsights Doc AI, a document processing tool utilizing generative AI for extracting context-specific data from diverse documents. Integrated with IT systems, the platform employs large language models to cater to enterprise needs, encompassing information extraction, context-aware search, and adaptive content generatio...

China’s Huawei says expects revenue up almost nine percent in 2023

31Dec

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Technology

China’s Huawei says expects revenue up almost nine percent in 2023

[ad_1] Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.The Shenzhen-based giant has been at the centre of an intense standoff between China and the United States, with Washington warning its equipment could be used for state espionage, an allegation the company denies. Sanctions since 2019 have cut the firm off from access to US-made components and technologies, forcing it to diversify its growth sources. We are now on WhatsApp. Click to join."After years of hard work, we managed to weather the storm," rotating chairman Ken Hu said in New Year's remarks released Friday.In 2023, the group expected revenues of more ...

Honor CEO takes aim at iPhone in China with foldable phone

14Jul

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Honor CEO takes aim at iPhone in China with foldable phone

[ad_1] The absence of a foldable phone in Apple Inc.'s portfolio is creating an opening for rivals to overtake the iPhone maker, according to Honor Device Co.'s chief executive officer.The Shenzhen-based firm on Wednesday rolled out its latest foldable device, the Magic V2, which measures less than 10mm thick. The phone has a regular glass display comparable to the iPhone 14 Pro on its exterior and a 7.92-inch foldable OLED screen on the inside. The Magic V2 starts at 8,999 yuan ($1,254.5) in China, the same price as the iPhone 14 Pro Max. “The product has only one targeted competitor — Apple's topmost flagship phones,” Honor CEO George Zhao said in an interview ahead of the unveiling. “As strong as Apple is, it can't fulfill all demands from consumers.”Honor, once a sub-brand of Huawei...

5 things about AI you may have missed today: AI tool that helps cure brain cancer, China’s new AI products and more

7Jul

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Technology

5 things about AI you may have missed today: AI tool that helps cure brain cancer, China’s new AI products and more

[ad_1] Artificial intelligence (AI) has been a highly debated topic in recent times with people making arguments for and against its use in various fields. The introduction of ChatGPT has spurred further controversy as there have been instances of students using it for completing their assignments and writing exams. However, this hasn't put a stop to the rapid development that is happening in the field of AI. New research has shed light on an AI tool that is helping doctors cure brain cancer, while China's top tech companies, Huawei and Alibaba, have recently introduced their AI tools. All this, and more in our roundup of the 5 big things in AI that you may have missed today. 1. AI tool helping doctors cure brain cancerWhile the downsides of AI have been recently highlighted by several...

China May Not Need Western Technology Much Longer

10Apr

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Technology

China May Not Need Western Technology Much Longer

[ad_1] Western countries have become increasingly wary of sharing technology with China, with the US and Netherlands recently imposing new restrictions on exports of semiconductors and the equipment used to make them. Meanwhile, Chinese companies are rising up the list of the world's biggest spenders on research and development — a sign that perhaps they won't need that Western technology much longer.When I last compiled one of these lists five years ago, mobile infrastructure and device maker Huawei Investment & Holding Co. was in sixth place behind Microsoft, just as it is here, but it was the only Chinese company in the global top 25. It has been joined by TikTok owner ByteDance Ltd., WeChat owner and gaming giant Tencent Holdings Ltd. and e-commerce, payments and cloud-computing...

Best of MWC 2023: Screens that roll, ChatGPT interactive glasses, more

3Mar

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Technology

Best of MWC 2023: Screens that roll, ChatGPT interactive glasses, more

[ad_1] The father of the cellphone was there. So was Huawei and a host of other Chinese tech companies. Tens of thousands of visitors also flocked to the MWC tech fair to be dazzled by the latest advances in AI, smartphones, robotics and much more. The metaverse got a lot of attention at the show, also known as Mobile World Congress, as companies cash in on the hype surrounding new virtual worlds for work and play. SK Telecom's virtual reality air taxi flight simulator was one of the most popular demonstrations, with long lines to take a virtual ride. There were robot dogs to remotely inspect infrastructure and holograms for virtual learning, along with speeches from wireless industry executives and backroom schmoozing with government officials. Some 80,000 people were expected ...

Chinese phone makers emerge from Huawei’s shadow

2Mar

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Chinese phone makers emerge from Huawei’s shadow

[ad_1] Western governments are falling over each other to restrict social media platform TikTok, but Chinese firms are still huge in sectors from smartphones to network equipment and are only looking to grow.One of the biggest Chinese companies, Huawei, made its ambitions obvious this week at the telecom industry's biggest annual show, the Mobile World Congress (MWC) in Barcelona. Its pavilion was by far the biggest and definitely the brightest, with arrays of piercing lights reflecting from polished white surfaces and dazzling floors. Smartphone makers Xiaomi, Oppo and Honor occupied the most eye-catching stages in the smartphone area, flanking the stand of South Korean firm Samsung, a key rival.They are seeking to fill the hole left by Huawei, which scaled back its smartphone busines...

China accuses Washington of wanting ‘technological hegemony’

31Jan

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Technology

China accuses Washington of wanting ‘technological hegemony’

[ad_1] China’s government accused Washington on Tuesday of pursuing “technology hegemony” following news reports the United States might step up pressure on tech giant Huawei by blocking all access to American suppliers. China's government accused Washington on Tuesday of pursuing “technology hegemony” following news reports the United States might step up pressure on tech giant Huawei by blocking all access to American suppliers. The possible move, reported by Bloomberg News, The Financial Times and The Wall Street Journal, would tighten restrictions imposed in 2019 that limit Huawei's access to processor chips and other technology. The company, which makes network equipment and smartphones, was allowed to buy some less-advanced components. Huawei Technologies Ltd., China's firs...

Huawei revenue down 2.2% in first three quarters of 2022

27Oct

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Technology

Huawei revenue down 2.2% in first three quarters of 2022

[ad_1] Revenue at Chinese telecom giant Huawei fell by 2.2 percent year on year in the first three quarters of 2022, company data showed Thursday, as Covid-19 and US sanctions dragged down sales. Huawei made 445.8 billion yuan ($61.76 billion) in revenue in the first three quarters of 2022, a drop from 455.8 billion yuan in the same period a year ago, according to company data. Huawei provided few specifics and did not include a breakdown of its data by business segment. "Our device business was impacted by Covid-19 and global economic downturn," a company spokesperson told AFP. Eric Xu, Huawei's rotating chairman, said in a statement that "overall performance was in line with forecast". "The decline in our device business continued to slow down, and our ICT infrastructure bus...

Huawei Investigation Was Targeted by Chinese Spies, US Alleges

25Oct

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Technology

Huawei Investigation Was Targeted by Chinese Spies, US Alleges

[ad_1] The US unsealed charges claiming two Chinese intelligence officers tried to obstruct a criminal investigation of Huawei. The US unsealed charges claiming two Chinese intelligence officers tried to obstruct a criminal investigation of Huawei Technologies Co., and alleged others were working on behalf of a “foreign power” to try procure technology and recruit spies. The charges were part of a series of recently unsealed cases the Justice Department announced Monday that officials said had disrupted criminal activity being conducted by the People's Republic of China. “The government of China sought to interfere with the rights and freedoms of individuals in the United States and to undermine our judicial system that protects those rights,” Attorney General Merrick Garland tol...