Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant delivering grocery and other items in 15 minutes or less. […] The quick-commerce model — delivering items to customers within 10 to 15 minutes — hasn’t worked in most parts Read more…
China’s high-speed rail network, which has tripled to nearly 30,000 miles under President Xi Jinping’s leadership, faces mounting financial challenges amid aggressive expansion plans. China State Railway Group, the national operator, has accumulated nearly $1 trillion in debt and liabilities, requiring $25 billion annually for debt service. Despite this, plans Read more…
As tech giants struggle to profit from AI, a growing industry of specialized AI training firms is emerging by hiring doctors, radiologists and other experts to develop commercially viable applications. The $20 billion data services sector, projected to grow 20% annually, is attracting major investment by focusing on high-value, specialized Read more…
Microsoft AI CEO Mustafa Suleyman predicts conversational AI will become the primary way people interact with technology, replacing traditional web browsers and search engines within the next few years. Suleyman, who oversees Microsoft’s consumer AI products including Bing and Copilot, called current search interfaces “completely broken” and “a total pain,” Read more…
Google has achieved a major breakthrough in quantum error correction that could enable practical quantum computers by 2030, the company announced in a paper published Monday in Nature. The research demonstrated significant error reduction when scaling up from 3×3 to 7×7 grids of quantum bits, with errors dropping by half Read more…
ChatGPT maker OpenAI released its AI-generated video tool called Sora for general use by its paying customers Monday. The company then said it would do wide testing with creatives and red-teaming with security experts before its release to the public. “We don’t want the world to just be text,” OpenAI Read more…
SpaceX has launched 20 of its Starlink satellites up into Earth’s orbit, enabling direct-to-cellphone connectivity for subscribers anywhere on the planet. That completes the constellation’s first orbital shell, following a launch of an initial batch of six satellites for testing back in January. The satellites were launched with a Falcon Read more…