G7 Summit Concludes with Focus on China and Historic Papal Appearance China Tops G7 Agenda The G7 leaders wrapped up their annual summit on Friday, with China being the primary topic of discussion. This year, the summit saw a historic appearance by Pope Francis, who addressed the group on artificial intelligence (AI). The G7 opened its doors to leaders from other nations to shed its image as an exclusive club. The attendees included the prime minister of India and the king of Jordan, among others. Ukraine Aid Agreement On the first day of the summit, held in southern Italy, the…
Author: Arushi Pandey
AI Technology Helps Pet Owners Monitor Feline Health Pet Owner Turns to AI for Cat’s Wellbeing Mayumi Kitakata, 57, is concerned about the health of her aging cat, Chi. To ensure Chi’s well-being and longevity, she has turned to artificial intelligence. Kitakata is one of the early users of CatsMe!, an AI-driven smartphone application that helps detect when a cat is in pain, reducing unnecessary trips to the veterinarian. Importance of AI in Pet Care “Chi is at an age where more diseases are likely to appear,” Kitakata explained. The app allows her to consult with the vet while minimizing…
Tesla Shareholders Vote on $56 Billion Pay Package for Musk Approval for Musk’s Pay Package and Texas Move Tesla shareholders are voting on a $56 billion pay package for CEO Elon Musk and the relocation of the company’s legal home to Texas. Musk announced the vote on social media on Wednesday, June 12, stating that the approval was by wide margins. Musk’s Social Media Announcement “Thanks for your support!!” Musk posted on X, indicating strong shareholder backing for the largest remuneration package in U.S. corporate history. Impact of Shareholder Approval This overwhelming approval could ease investor concerns about Musk’s future…
Apple Partners with OpenAI and Google to Boost Siri’s AI Capabilities On Monday, Apple CEO Tim Cook announced a significant deal with OpenAI to integrate its advanced artificial intelligence model into Apple’s voice assistant, Siri. The Role of Google’s Technology Amidst the excitement, a technical document released by Apple highlighted another key player in this AI development: Alphabet’s Google. To create Apple’s foundational AI models, the company used its own framework software along with a mix of hardware. This included Apple’s own on-premise graphics processing units (GPUs) and Google’s cloud-based tensor processing units (TPUs). Google has been developing TPUs for…
Rocket Lab to Receive $23.9 Million for Satellite Semiconductor Boost The U.S. Commerce Department announced on Tuesday that it plans to award Rocket Lab $23.9 million. This funding aims to significantly enhance the production of compound semiconductors used in satellites and spacecraft. Strengthening Space-Grade Semiconductor Supply The grant will benefit Rocket Lab’s subsidiary, SolAero Technologies Corp. According to the department, this investment will “create a more robust and resilient supply of space-grade solar cells that power spacecraft and satellites.” Additionally, it aims to “increase Rocket Lab’s compound semiconductor production by 50% within the next three years.” Support from the Biden…
Codelco and SQM Partnership on Track Despite Tianqi Challenge A plan to start a partnership between Chilean state miner Codelco and the world’s second-largest lithium producer SQM is set for next year. This is according to Codelco chairman Maximo Pacheco, despite a possible challenge from major SQM shareholder, China’s Tianqi. Partnership Details and Future Prospects Codelco and SQM recently finalised terms allowing SQM to boost production until 2060 in Chile’s valuable Atacama salt flat. This deal gives Codelco a majority stake in SQM’s operations. The collaboration will position the state prominently in the development of lithium, a crucial metal for…