South Korean Beauty Fans Turn to AI for Perfect Foundation Match

SEOUL – South Korean cosmetics giant Amore Pacific has launched a new artificial intelligence (AI) beauty lab, where robots custom-mix face products and advanced technology recommends the most suitable lipstick colors, resulting in high demand and fully booked appointments. “Everyone has their specific skin tone, but typically, people buy the most common colors available over-the-counter,”…

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Hedge Funds Eye South Korean Chipmakers Amid AI Boom

HONG KONG – Hedge funds are increasingly turning their attention to South Korea’s chipmakers, anticipating a surge in demand for high-end memory chips driven by advancements in artificial intelligence (AI) and substantial government investments. Prominent hedge funds, including Britain’s Man Group, Singapore’s FengHe Fund Management, and Hong Kong’s CloudAlpha Capital Management and East Eagle Asset…

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Dell and Super Micro to Supply Server Racks for xAI’s Supercomputer

Dell Technologies and Super Micro Computer have been chosen to supply server racks for the supercomputer being developed by Elon Musk’s artificial intelligence startup, xAI, Musk announced on social media platform X. Musk stated that Dell is responsible for assembling half of the server racks for xAI’s supercomputer. When asked about the other partner involved,…

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U.S. Moves Closer to Limiting Investments in China’s Tech Sector

WASHINGTON/NEW YORK – The United States released draft rules on Friday that propose bans or require notifications for certain investments in China’s technology sectors, including artificial intelligence, due to potential threats to U.S. national security. The U.S. Treasury Department outlined these proposed rules, which include a range of exceptions, following an executive order signed by…

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Apple Delays AI Feature Launch in Europe Citing EU Regulations

Apple has announced a delay in the European launch of its new AI-powered features, attributing the postponement to the stringent requirements of the European Union’s tech regulations. The U.S. tech giant revealed its decision on Friday, emphasizing that the EU’s Digital Markets Act (DMA) necessitates ensuring that competitor products and services can seamlessly interact with…

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Nvidia to Launch AI Technology in Middle East Through Partnership with Ooredoo

Nvidia has entered into an agreement to deploy its artificial intelligence technology at data centers owned by Qatari telecom giant Ooredoo across five Middle Eastern countries, according to Ooredoo’s CEO Aziz Aluthman Fakhroo. This deal signifies Nvidia’s first major initiative in a region where the U.S. has restricted the export of advanced AI chips to…

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ByteDance Collaborates with Broadcom on Advanced AI Chip Development

ByteDance, the Chinese tech giant and owner of TikTok, is partnering with U.S. chip designer Broadcom to develop a cutting-edge AI processor, according to sources familiar with the project. This collaboration aims to secure a steady supply of high-end chips amid ongoing U.S.-China tensions. The planned chip is a 5-nanometer application-specific integrated chip (ASIC), which…

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