invests

TikTok owner is quietly doing an ‘Apple’ — ByteDance invests in Chinese memory pioneer, months after a similar move in a GPU vendor, as it plans for an Apple Vision Pro VR rival

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TikTok owner is quietly doing an ‘Apple’ — ByteDance invests in Chinese memory pioneer, months after a similar move in a GPU vendor, as it plans for an Apple Vision Pro VR rival

TikTok’s parent company ByteDance has reportedly quietly invested in Xinyuan Semiconductors, a Chinese memory chip manufacturer.  A report from Pandaily, a tech media site based in Beijing, the move reportedly positions ByteDance as the third-largest shareholder in the chip maker, holding an indirect stake of 9.5%. A ByteDance spokesperson confirmed this previously undisclosed investment to … Read more

JLR Invests £10 million to combat stolen Range Rover problem

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JLR Invests £10 million to combat stolen Range Rover problem

  JLR has announced that it has invested £10 million to combat the problem of stolen Land Rover and Range Rover vehicles in the UK, this has become a problem on vehicles that were produced from 2018 to 2022. Range Rover and Land Rover vehicles become some of the most stolen vehicles in 2022, with … Read more

German military invests millions on an artificial intelligence “environment” for weapons testing that might completely alter battle.

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German military invests millions on an artificial intelligence “environment” for weapons testing that might completely alter battle.

The GhostPlay platform uses “third-wave” AI systems that make decisions that seem “human-like.”Germany has put a lot of money into an artificial intelligence (AI) virtual training area that some people call a military “metaverse.” Officials say this will help them figure out how to fight in the future. GhostPlay project head Gary Schaal, a professor … Read more