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Thursday, July 31, 2025

Artificial Intelligence
Nvidia supplier SK Hynix to boost spending on AI chips, after record Q2
Nvidia supplier SK Hynix to boost spending on AI chips, after record Q2
By Reuters

Here is a concise summary of the news article: SK Hynix, a key supplier to Nvidia, reported a record quarterly profit driven by strong demand for AI chips and customer stockpiling ahead of potential US tariffs. The company plans to increase capital expenditure, primarily for high-bandwidth memory (HBM) production, to meet growing demand and maintain its competitive edge against Samsung. Despite challenges from potential tariffs and competition, SK Hynix expresses confidence in its market position, with shares trading up 0.8% and a 54.7% rise so far this year. The company's operating profit rose 69% to 9.2 trillion won, with revenue up 35% to a quarterly record of 22.2 trillion won.

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Trump Signs New Executive Orders To Fast-Track AI Dominance: 'We Will Be Unstoppable As A Nation'
Trump Signs New Executive Orders To Fast-Track AI Dominance: 'We Will Be Unstoppable As A Nation'

July 24, 2025 • By benzinga.com

President Donald Trump has signed three executive orders to accelerate US dominance in artificial intelligence. The orders aim to streamline data center construction, promote American AI exports, and ban ideologically biased AI from federal contracts. Trump stated, "We will be unstoppable as a nation" with these measures in place. The move is intended to strengthen the US position in the global AI landscape.

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Morning Bid: Trade deals bring happy days again
Morning Bid: Trade deals bring happy days again

July 24, 2025 • By Reuters

Here is a concise summary of the news article: Global markets are welcoming new trade agreements, with stock indexes in Tokyo and Singapore reaching new all-time highs. The US has reached trade pacts with Japan, the Philippines, and Indonesia, and is closing in on a deal with the EU. Earnings season is underway in the US, with 85% of reported companies beating expectations. However, luxury goods giant LVMH is expected to report a drop in quarterly sales, and the White House has announced that President Trump will visit the Federal Reserve, following his threats to fire Fed Chair Jerome Powell. Key developments to watch on Thursday include European earnings, a European Central Bank monetary policy meeting, and US data releases.

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Days of US tech companies building factories in China, hiring workers in India 'over': Trump
Days of US tech companies building factories in China, hiring workers in India 'over': Trump

July 24, 2025 • By PTI

President Trump has criticized American tech companies for prioritizing overseas operations, particularly in China and India, while benefiting from American freedoms. He claims this has led to distrust among American citizens.

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Fujitsu and Nagoya University develop AI-based tech to spread ride-hailing
Fujitsu and Nagoya University develop AI-based tech to spread ride-hailing

July 24, 2025 • By The Japan Times

Fujitsu and Nagoya University have developed an AI-based simulation technology to improve ride-hailing services, particularly for elderly residents and areas with driver shortages. The technology analyzes resident surveys and uses AI to predict human behavior, identifying effective methods to increase utilization rates. A trial in Nara Prefecture showed a 20% increase in demand after optimizing public relations and taxi deployment strategies. The technology is planned for practical use in 2026 and may be applied to other fields, such as healthcare and community development.

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Sony-Honda using AI to advance self-driving and entertainment
Sony-Honda using AI to advance self-driving and entertainment

July 24, 2025 • By asia.nikkei.com

The head of Sony Honda Mobility, a joint venture between Sony and Honda, stated that artificial intelligence is crucial for the development of autonomous driving and in-vehicle entertainment. The company, established in 2022, is approaching the release of its first electric vehicle in the US. AI plays a key role in advancing these technologies.

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Trump Bans ‘Woke AI’ From Federal Contracts in New Executive Order
Trump Bans ‘Woke AI’ From Federal Contracts in New Executive Order

July 24, 2025 • By Callan Quinn

President Donald Trump has signed an executive order banning US government agencies from awarding contracts to AI companies with "ideological biases or social agendas." The order targets "Woke AI" systems that prioritize diversity, equity, and inclusion (DEI) over factual accuracy. Trump's move comes amid a national conversation about bias, censorship, and manipulation in AI systems. The order requires "truth-seeking" large language models to maintain "ideological neutrality" to be procured by federal agencies, with exceptions for national security systems. This decision is part of a broader AI action plan to grow the industry, develop infrastructure, and export products abroad.

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Alphabet boosted by AI, cloud demand as spending needs skyrocket
Alphabet boosted by AI, cloud demand as spending needs skyrocket

July 24, 2025 • By Bloomberg

Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending heightening pressure on the company to justify the cos…

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Q1 Results Highlights: Nestle India profit dips 12%; Canara Bank, Indian Bank post gains; Hexaware Tech, Bajaj Finance, SBI Life, CG Power, Adani Energy, KVB, Aditya Birla Sun Life AMC, KFin Tech to announce Q1 results today
Q1 Results Highlights: Nestle India profit dips 12%; Canara Bank, Indian Bank post gains; Hexaware Tech, Bajaj Finance, SBI Life, CG Power, Adani Energy, KVB, Aditya Birla Sun Life AMC, KFin Tech to announce Q1 results today

July 24, 2025 • By Team BL

Q1 Results Highlights July 24, 2025: Find all the latest updates related to the Q1FY26 results of Hexaware Tech, Bajaj Finance, Nestle India, SBI Life Insurance Company, CG Power and Industrial Solut…

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India's IT sector to see flat revenue growth of 0-2% in FY26: CareEdge Ratings
India's IT sector to see flat revenue growth of 0-2% in FY26: CareEdge Ratings

July 24, 2025 • By ANI

The Indian IT sector is expected to see flat revenue growth of 0-2% in the current financial year due to macroeconomic uncertainties and cost pressures. Despite challenges, IT companies are investing in areas like cloud transformation, data analytics, and AI to stay competitive. The sector has strong long-term growth opportunities, but rising uncertainty in the US market, India's largest market for IT exports, is a significant concern. The IT-software industry is re-aligning its offerings to cater to evolving client requirements, and a healthy deal pipeline offers hope for revenue visibility in the coming quarters.

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Google Develops AI Tool That Fills Missing Words In Roman Inscriptions
Google Develops AI Tool That Fills Missing Words In Roman Inscriptions

July 24, 2025 • By BeauHD

The article discusses the limitations and potential inaccuracies of an AI tool used to fill in missing words in ancient texts, specifically Roman inscriptions. The author criticizes the tool for confidently producing nonsense and not admitting when it doesn't know the correct answer. They also question the methodology used to train the AI and suggest that it may be regurgitating existing data without truly understanding the context. The author compares the AI's attempts to understand ancient languages to a dog or cat trying to mimic human speech, highlighting the tool's potential to produce confident but incorrect results.

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Meta unveils wristband for controlling computers with hand gestures
Meta unveils wristband for controlling computers with hand gestures

July 24, 2025 • By Cade Metz

Meta has unveiled a wristband that uses AI to interpret muscle signals, allowing users to control devices with subtle movements or even intent. The wristband, which resembles a giant rectangular wristwatch, uses electromyography (EMG) to gather electrical signals from muscles in the forearm, produced by neurons in the spinal cord. With a little practice, users can control a laptop cursor simply by producing the right thought, without actually moving. The technology, developed by Meta's Reality Labs, has the potential to provide faster, touch-free interaction and life-changing benefits for users with physical disabilities. Unlike brain implants, it requires no surgery, and Meta plans to fold the technology into products over the next few years.

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Trump signs AI orders, vows US will win race over new technology
Trump signs AI orders, vows US will win race over new technology

July 24, 2025 • By DIGITIMES

President Donald Trump signed executive orders to boost artificial intelligence development in the US. The plan aims to loosen regulations and expand energy supplies for data centers, supporting the growth of AI in the country.

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Bigg Boss 19's theme to revolve around AI; Contestants likely to get more power during evictions
Bigg Boss 19's theme to revolve around AI; Contestants likely to get more power during evictions

July 24, 2025 • By etimes.in

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Fla concede early, comeback win over RB Bragantino, near leaders
Fla concede early, comeback win over RB Bragantino, near leaders

July 24, 2025

Flamengo came from behind to defeat RB Bragantino 2-1 in the 16th round of the 2025 Brasileirão. RB Bragantino scored just 8 seconds into the second half, but Flamengo equalized with a header from Léo Pereira and took the lead with a goal from Wesley. The win brings Flamengo to 33 points, just one point behind leaders Cruzeiro. RB Bragantino remains on 27 points and drops to fourth place.

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Concrete that lasts centuries and captures carbon? AI just made it possible
Concrete that lasts centuries and captures carbon? AI just made it possible

July 24, 2025

Researchers at the USC Viterbi School of Engineering have developed an AI model called Allegro-FM, which can simulate the behavior of billions of atoms simultaneously. This breakthrough has led to the discovery of a way to recapture carbon dioxide emitted during concrete production and store it back into the concrete, making it carbon-neutral. The model can test different concrete chemistries virtually, accelerating the development of sustainable concrete. Allegro-FM has demonstrated 97.5% efficiency in simulating over four billion atoms, representing a 1,000-fold increase in computational capabilities compared to conventional approaches. The researchers believe this technology can help create concrete that not only withstands natural disasters but also lasts longer, potentially up to 2,000 years, like ancient Roman concrete.

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 Neymar calls out fan for a scrap, heated exchange follows defeat
Neymar calls out fan for a scrap, heated exchange follows defeat

July 24, 2025

Neymar was involved in a heated exchange with a fan during Santos' 2-1 defeat to Internacional. The player had attempted to drive his team forward, creating several scoring opportunities, but also drew attention for disagreeing with a fan and calling him to "fight" in the final stretch of the match. Neymar had already been involved in a confrontation with Inter's goalkeeper, Rochet, at halftime. Despite the defeat, Neymar celebrated playing three consecutive games from start to finish, a feat he last achieved in February 2023 while playing for PSG. Santos remains in 17th place in the Brasileirão table with 14 points after 14 games.

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Trump’s AI plan targets global dominance, slashes environmental rules
Trump’s AI plan targets global dominance, slashes environmental rules

July 24, 2025 • By AP- PTI

President Donald Trump has unveiled a new plan for the US to achieve "global dominance" in artificial intelligence (AI). The "AI Action Plan" aims to promote the development and sale of US-made AI technologies, while reducing environmental regulations to speed up the construction of AI supercomputers. The plan prioritizes AI innovation and adoption, and seeks to address concerns about liberal bias in AI chatbots. It also recommends lifting environmental restrictions, including clean air and water laws, to accelerate the construction of data centers and factories. The plan has been criticized by over 100 groups, including labor unions and environmental organizations, who argue that it prioritizes the interests of big tech companies over those of the American people.

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SK hynix posts record profits on surging AI demand
SK hynix posts record profits on surging AI demand

July 24, 2025 • By list.metadata.agency

Here is a concise summary of the news article: South Korean chip giant SK hynix reported record quarterly profits, with operating profit climbing 70% to $6.72 billion and revenues reaching an all-time peak of $22.23 trillion won. The company's success is attributed to soaring demand for artificial intelligence (AI) technology, particularly high-bandwidth memory (HBM) semiconductors. SK hynix dominates the HBM market and is a key supplier to US tech giant Nvidia. The company's net profit also increased by 70% to $6.99 trillion won. Despite trade tensions and economic uncertainty, SK hynix's growth in the DRAM market and strong AI-related investment by major tech firms drove demand for AI-oriented memory products. The company's shares rose over 3% in Seoul, and it forecasts continued demand for high-performance and high-capacity memory products due to increasing competition among big tech companies to enhance AI models.

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