Monthly Archives: March, 2023
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Samsung All Set to Establish World’s Biggest Semiconductor Manufacturing Base in South Korea with US$230 Billion Investment
Get the latest news and insights from the South China Morning Post, the most authoritative voice on China and Asia. Samsung Electronics recently announced a $230 billion investment in building the world's largest semiconductor manufacturing base in Gyeonggi, South Korea. With 5G, AI and autonomous vehicles, Samsung hopes to capture the growing demand for advanced semiconductors.
ChatGPT To Become an Industry Standard: Brian McLaughlin’s Outlook
Orion Advisor Technology's Redtail Speak communications texting platform is soon to roll out its ChatGPT-embedded software, making it the first financial services firm to do so. ChatGPT is expected to soon spread throughout the industry, greatly increasing investment efficiency and reducing manual labor. Brian McLaughlin, president of Orion, believes that this technology is coming to the tipping point in terms of its use among advisors.
Foxconn Wins AirPod Order, Plans $200M Factory in India: Report
Taiwanese contract manufacturer Foxconn wins Apple Inc's order to make AirPods and builds a new $200M factory in Telangana, India. This step helps Foxconn to shift their production from China and bid for more orders from the world's most valuable company. Foxconn must compete with other Taiwanese suppliers and mark first time to start producing AirPods.
Claude Challenges ChatGPT as a New Competitor
Anthropic has designed Claude, a powerful new language processing model, to generate human-like text and offer safety with AI by explaining objections and adhering to certain principles. Robin AI, a London-based startup, had the opportunity to test out Claude's capabilities and saw its potential. Claude is poised to challenge OpenAI's ChatGPT and is an important milestone in ensuring AI safety.
CM Pramod Sawant Launches AI-Powered Traffic Signal Pilot Project in Goa
Goa takes a step towards connecting it's future by launching Artificial Intelligence-driven traffic signal and e-challan system. The project, funded by PWD, will have the vendor receiving 70% of fines from infringement of traffic rules with the Government taking the remaining 30%. Multiple features like automated detection and greening of VIP vehicles and real-time detection of anomalies. Chief Minister Pramod Sawant assures citizens a smart city development.