TECHNOLOGY

For Wall Street analysts banking on new AI-powered iPhones to spark an upgrade supercycle this fall, growing evidence already points to underwhelming demand for these smartphones. 

The latest development comes from China, the world's largest smartphone market, where online retailers have already offered price discounts on the new iPhone 16 series. 

South China Morning Post offered more insight into iPhone discounts at major Chinese online retailers that only (more…)

A new report from the Financial Times details how US and Japanese officials are nearing a deal to curb tech exports to China's chip industry. This comes two weeks after Beijing threatened severe economic retaliation against Tokyo if it proceeded with new chip export curbs.

FT spoke with insiders who said US and Japanese officials are nearing a 'breakthrough' in talks to coordinate new export controls against China's chip industry. The curbs would target non-US (more…)

Authored by Brayden Lindrea via CoinTelegraph.com,

OpenAI has released several new artificial intelligence models under a revised naming scheme — starting with its latest OpenAI o1 model it says can “think before it answers.”

The new models can take their time to think and use “chain-of-thought” reasoning to solve complex tasks — particularly in STEM (science, technology, engineering and math) and coding-related tasks, OpenAI said.

Source: OpenAI

The AI (more…)