Chinese action camera maker Insta360 is deepening its US footprint with a flagship store opening in New York as it navigates escalating price competition with DJI and industry-wide memory cost pressures. The Chinese GoPro rival was slated to plant its flag in the heart of Times Square with its first flagship retail store in the US on Saturday, a marquee launch as the firm looked to “leap to the next stage of growth”, co-founder Max Richter said. “The US market plays a very important role for us...
Read full articleThe restaurant will anchor a nationwide Sushiro x Pokemon campaign that features themed dishes and collectables from 10 September to 22 October.
Sen. Josh Hawley (R-Mo.) invited the CEOs of Flock Safety and other prominent AI-powered surveillance camera manufacturers to testify before the upper chamber's Judiciary Subcommittee on Crime and Counterterrorism next week. Hawley, the subcommittee's chair, wrote on social media Friday that he “invited the CEOs of Flock Safety, Axon, Motorola and Verkada to testify in...
MANILA, Philippines — Before spending their hard-earned savings on a new tool, student buyers need a reliable gadget guide to help them make informed and confident decisions on their next big purchase. We’ve created a list of things that students should remember, know, and avoid before deciding on their next gadget purchase that will empower
Virginia Gov. Abigail Spanberger (D) on Friday announced a new proposal to tighten restrictions on data center developments in the Old Dominion. The governor’s “Data Center Accountability Framework” outlines several objectives for the commonwealth’s approach to these projects, including cutting down on noise pollution and water use tied to these projects and promoting clean energy...
The Texas Department of Transportation suspended issuing approvals for Flock’s automated license plate readers (ALPR) amid growing security and privacy concerns surrounding the technology. “TxDOT’s role is to review permits to ensure license plate readers are installed correctly and safely along state-owned roadways,” an agency spokesperson told NewsNation in a statement. “TxDOT does not have...
Anthropic's chatbot Claude is leading more than a quarter of the artificial intelligence (AI) firm's research and development efforts, the company revealed Thursday. The report marks the latest sign of AI's growing capabilities within the development space itself, building on months of suggestions from researchers that the technology is getting closer to building and self-improving....
As AI data centers face intense public pushback over issues including their electricity and water use, another potential environmental impact is percolating: the proliferation of forever chemicals. Data centers can use these chemicals in at least two ways: in their cooling processes and through their more general use of semiconductors. Supporters say that their use...
More than 170 Democratic organizers and campaign staff members are calling on the party's leaders to reject campaign donations from the pro-artificial intelligence super PAC Leading the Future (LTF) as the debate over AI safety and regulations intensifies in Washington. The letter, first shared with The Hill on Friday, argues the millions of dollars from...
We’re particularly looking forward to those iPhone Duo cases.
Alibaba Group Holding’s research arm, Damo Academy, has open-sourced an artificial intelligence model capable of identifying nearly 150 abdominal conditions – including cancers – by reading computed tomography (CT) scans, marking the latest step in the firm’s growing medical AI efforts. The vision-language model, called Damo Radar, was designed to analyse contrast-enhanced CT scans covering 18 abdominal organs and identify a broad range of diseases and other abnormalities, such as malignant...
Foreign investors ended their seven-month sell-offs of Korean stocks in August amid extended geopolitical risks and woes over artificial intelligence (AI) profitability, data showed Friday. Offshore investors scooped up a net 340 billion won ($246 million) worth of local stocks last month, snapping their selling binge for seven consecutive months, according to the data from the Financial Supervisory Service (FSS). Following their net purchases in August, offshore investors owned 2,281 trillion won worth of local stocks, or 34.8 percent of total market capitalization. By country, investors from the United States were the top buyers in August by purchasing a net 13.4 trillion won, followed by Ireland with 3.2 trillion won of buying, the latest findings showed. In the local bond market, foreign investors sold a net 3.94 trillion won worth of local debt last month. Their holdings of Korean bonds stood at 330 trillion won as of end-August, accounting for 11.4 percent of listed bonds here, the FSS revealed.
Hyosung Heavy Industries is expanding its U.S. manufacturing footprint through a new joint venture to produce high-voltage circuit breakers in Pennsylvania. The company said June 16 that its subsidiary, Hyosung HICO, signed an agreement with a subsidiary of Quanta Services to establish Hyosung Hico Breaker, a joint venture for gas circuit breakers. The joint venture, incorporated in July, will begin manufacturing high-voltage circuit breakers ranging from 72.5 kilovolts to 800 kilovolts as early as October. Production will take place at Quanta's existing facility in Canonsburg, Pennsylvania. Quanta Services is a major U.S. engineering, procurement and construction company specializing in power and energy infrastructure. It serves utilities, power generation and energy storage projects, data centers, telecommunications providers and other customers across the United States. The partnership combines Hyosung's power equipment expertise with Quanta's infrastructure capabilities as the Korean company expands its presence in the U.S. power market. With more than 50 years of experience in high-v