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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
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7.13.2023
Nvidia and Recursion Partner to Accelerate AI Drug Discovery
Nvidia's investment is a vote of confidence in Recursion's AI platform and its potential to revolutionize the drug discovery process. The partnership between Nvidia and Recursion is a sign that the pharmaceutical industry is taking AI seriously, and it is likely to lead to further investment in this area in the years to come.
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7.13.2023
Folding Back to the Future
Foldable smartphones are poised for significant growth in 2024, as demand for larger screens, declining prices, and the growing popularity of 5G drive the market. Samsung is the leading player in the market, but other companies, such as Huawei and Motorola, are also starting to offer foldable smartphones. The foldable smartphone market is expected to continue to grow in the coming years, as the technology matures and prices come down. Users looking for a smartphone with a large screen and the latest technology, a foldable smartphone is a great option.
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7.12.2023
ACEN and Norfund Join Forces to Power Telecom Towers in the Phippines with Solar Energy
Norfund and ACEN Corp. have partnered to provide solar energy to telecom towers in the Philippines. Through the joint venture Micropower Philippines, they will invest in Yoma Micro Power (YMP) Telecom Power Inc. This collaboration aims to offer sustainable and affordable solar power solutions, reducing environmental impact. Solar power provides benefits of sustainability, affordability, and reliability for telecom towers. The partnership signifies the growing momentum of solar power in the telecom sector and a future where all towers are powered by the sun.
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7.12.2023
How Innovation in EVs Is Reshaping the Copper Market?
Copper demand from EVs could be lower than expected due to new innovations in battery and motor design. These innovations are making it possible to use less copper in EVs, which could dent copper demand in the long term.
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7.11.2023
OpenAI to Double Down on AI Safety
OpenAI is creating a new research team to prevent AI from "going rogue." The team will focus on developing new methods for ensuring that AI is aligned with human values. This is a significant step forward in the field of AI safety.
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7.11.2023
BI Philippines Revolutionizes Entry Procedures with Electronic Service for Foreign Travelers
The Philippine Bureau of Immigration has introduced an electronic service (eServices) platform for foreign visitors, allowing them to apply online for various immigration services such as visas, extensions, residence applications, and departure clearances. The platform offers convenience, speed, accuracy, and security, enabling travelers to comply with immigration regulations from anywhere in the world. Travelers need to create an account, submit their applications, and await the decision. Approved applicants can print their approval documents. The eServices platform simplifies the application process and enhances the visitor experience in the Philippines.
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7.11.2023
Is the Metal of the Future Running Out?
Gallium is a rare metal used in semiconductors, LEDs, and lasers. Demand for gallium is expected to grow, but supply is limited. This could lead to a shortage in the future, which could have a significant impact on the global economy.
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7.10.2023
Astranis Set to Revolutionize Internet Access for 2 Million Filipinos with Satellite Technology
Astranis, a satellite technology company, plans to provide high-speed internet access to 2 million underserved Filipinos, bridging the digital divide. Their compact and affordable satellites will be launched from the US and used for this groundbreaking initiative. The partnership with Orbits Corp., a Philippine satellite services provider, aims to improve internet connectivity in the country. This will help close the digital divide and connect millions of Filipinos to the internet for the first time.
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7.10.2023
Philippine Trade Chief Sees Energy as Backbone of Industry
The Philippines' Trade Secretary has said that the energy sector is essential for the country's economic development. The government is committed to supporting the development of the energy sector and is working to create a more conducive environment for investment in the sector.
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7.6.2023
Manufacturing Growth in the Philippines Continues, but at a Slower Pace
The manufacturing sector in the Philippines grew at a slower pace in June 2023, according to the latest data from S&P Global. The slowdown can be attributed to several factors, including rising inflation, higher interest rates, and weak global demand. Despite the slowdown, the manufacturing sector remains in a growth phase and is expected to continue to grow in the coming months. However, the pace of growth is likely to slow as the headwinds from these factors continue to weigh on the sector.
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