Category: Technology

January 09, 2024 BY Elizabeth Anderson

Nvidia set to mass produce H20 chip aimed at Chinese market

According to a Reuters report, the H20 chip launch was originally scheduled for November 2023; however, due to integration challenges faced by several different server manufacturers, the launch was postponed to its new date of October 2024. The H20, the third chip designed specifically with China as its majority user (after L20 and L2), is…

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January 04, 2024 BY Simon Mugo

XTB Launches Auto-Trading as Part of Passive Investment Plans

Since the previous autumn, XTB customers have had the opportunity to invest in passive instruments for medium to long-term strategies. These Investment Plans allow for up to 10 unique investment portfolios based on selected ETF funds, each accommodating up to 9 funds and a minimum investment of $15. The company had announced its intention to…

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January 04, 2024 BY Elizabeth Anderson

Intel and DigitalBridge combine efforts to launch Articul8

Reportedly, Intel did not elaborate on the value of this joint venture or its interest in it. The chipmaker did however confirm that this new organisation will have an independent board of directors, not be publicly listed, and that it is a shareholder. Earlier work in collaboration with Boston Consulting Group (BCG) laid the foundation…

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Dxtrade platform overview
January 03, 2024 BY Simon Mugo

DXtrade Has Integrated With Tradingview for Better Services

This integration allows brokers on DXtrade to leverage TradingView's extensive user base for increased visibility and direct user sign-ups. DXtrade's backend will be directly connected to the TradingView platform, simplifying the incorporation of TradingView's features for brokers who license DXtrade. This synergy centralises essential operations like order execution, risk management, and commission tracking within DXtrade,…

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December 29, 2023 BY Elizabeth Anderson

Xiaomi unveils SU7 competing with Tesla and Porsche

Positioned as a C-Class performance sedan, the SU7 is based on Xiaomi's Modena Architecture and features HyperEngine electric motors with impressive capabilities. The electric sedan comes in two variants: the dual-motor all-wheel-drive SU7 Max and the single-motor rear-wheel-drive SU7. Key innovations include the use of die casting machines with a clamping force of 9,100 tons,…

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December 28, 2023 BY Elizabeth Anderson

Baidu’s AI chatbot amassed over 100 million users since August

In November, Baidu reported that Ernie had already attracted 70 million users. The announcement underscores Baidu's efforts to compete with tech giants Tencent and Alibaba in commercialising services similar to ChatGPT in the vast Chinese internet landscape. The increasing user base reflects the growing popularity and adoption of AI-driven chatbots, marking a significant milestone for…

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December 27, 2023 BY Elizabeth Anderson

Toyota releases promising figures as 2023 curtains close

At the beginning of 2023, Toyota, the largest automaker in the world, set itself the task of selling 10 million vehicles bearing the Lexus and Toyota brands, and as the year comes to an end beside promising data across three continents, the motor company is on track to complete this mission. Data shows that approximately…

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December 18, 2023 BY Nick Ranga

Shares for Ozempic parent company, Novo Nordisk, rise 42% in 2023

On Sunday, 17th December, industry experts noted that while the firm has grown rapidly in 2023, keeping momentum throughout 2024 will be noticeably harder, with investors predicting only a 9% upside on average for next year. Portfolio manager at Antipodes Partners, Nick Cameron, noted 2024 investor predictions: [Novo is] an excellent R&D company, and they’re…

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December 18, 2023 BY Nick Ranga

IBM to acquire two data platforms from Software AG for $2.3bn

The transaction is contingent on customary closing conditions and regulatory approvals, with completion expected in Q2 2024. This strategic move aligns with IBM's ongoing efforts to enhance its technological capabilities and expand its footprint in the enterprise software domain. Rob Thomas, Senior Vice President, Software and Chief Commercial Officer, IBM, noted: Together with IBM's Watsonx.ai and…

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