December 13, 2024

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Latest December 13, 2024

China to Forms AI Standards Committee Amid Global Competition

Key Points China is forming a 41-member AI standards committee with participation from Baidu and Peking University. The committee will focus on industry standards for large language models and AI risk assessment. Beijing seeks to balance AI regulation with fostering innovation and addressing safety and ethical concerns. China aims to lead the way in setting...

US Stock Market Surge on Broadcom Rally and Rate Cut Hopes

Key Points Nasdaq 100 futures is up 0.8%, and Broadcom gained 17.46% in premarket trading, nearing a $1 trillion valuation. Semiconductor peers, including Marvell Technology, Micron Technology, Nvidia, and AMD, also saw gains. The Federal Reserve will announce a 0.25% rate cut next week. The British pound weakened while the euro gained on economic and...

Google Unveil Android XR for Next-Generation Extended Reality Devices

Key Points Google introduced Android XR, a new operating system developed with Samsung Electronics Co. The first headset, Project Moohan, will launch in 2025 with Qualcomm chips. Samsung plans to unveil the device alongside its Galaxy S25 series. Android XR offers an open, unified platform for AR, VR, and AI experiences. Features include virtual big-screen...