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Technology



Figma acquires AI design startup Weavy for $200 million

Figma has announced its acquisition of the Israeli AI-powered design startup Weavy for an estimated $150 to $200 million, marking a significant milestone since the design platform’s IPO in July. Based in Tel Aviv, Weavy will operate under the new brand Figma Weave, integrating its 20 employees......

China unveils national automotive chip testing platform in Shenzhen

China has launched its first national automotive chip testing platform in Shenzhen, a strategic move to bolster self-reliance in semiconductors amid a global chip shortage fueled by tensions with Nexperia. The facility, jointly developed by state-owned China Reform Holdings and the China Automotive Technology......

Micron shares surge as SK Hynix predicts prolonged memory chip supercycle

Micron Technology's stock jumped in pre-market trading on Wednesday, October 29, following optimistic projections from its competitor SK Hynix regarding a sustained "supercycle" in memory chips driven by rising demand for artificial intelligence (AI). The South Korean memory chipmaker’s......

AI-powered microscope rivals human experts in analyzing 2D materials

Researchers at Duke University have developed an artificial intelligence (AI)-powered microscopy system capable of analyzing two-dimensional (2D) materials with precision comparable to that of highly trained human experts. This breakthrough, named ATOMIC (Autonomous Technology for Optical Microscopy......

Moroccan cybercriminals exploit global retail firms in gift card scheme

A sophisticated cybercrime campaign originating in Morocco has been targeting global retail and consumer services companies, stealing and monetizing gift cards on a large scale. Dubbed “Jingle Thief,” this operation has been active since 2021, leveraging cloud-based infrastructure to execute......

Elon Musk’s Grokipedia challenges Wikipedia with AI-driven “truth” platform

Elon Musk’s xAI has quietly launched the beta version of Grokipedia, positioning it as an AI-powered and “uncensored” alternative to Wikipedia. The platform, which debuted on Monday with roughly 885,000 articles, is currently in limited testing for users on X. Its release comes a week......

Nike unveils groundbreaking technologies to redefine athletic performance

Nike has introduced a series of revolutionary innovations aimed at reclaiming its leadership in sportswear innovation under the ambitious strategy of CEO Elliott Hill. The announcement reveals four transformative technologies, including the world's first motorized running shoes, neuroscience-based......

Morocco to produce its first aircraft engine by 2027, boosting aerospace ambitions

Morocco is set to bolster its aerospace sector with plans to produce its first aircraft engine by 2027 or 2028, marking a significant milestone in the country’s industrial development. Minister of Industry Ryad Mezzour attributed this advancement to King Mohammed VI’s vision and Morocco’s......

Google's quantum leap sparks preparations for Bitcoin's post-quantum era

Google Quantum AI has achieved a significant breakthrough with its Willow processor, which integrates 105 physical qubits, delivering a milestone in quantum computing. Using the Quantum Echoes algorithm, the chip demonstrated a "verifiable quantum advantage," performing a specialized task approximately......

Polygon and Sonic Labs criticize Ethereum Foundation over Layer-2 support

Two leading figures in blockchain innovation have openly criticized the Ethereum Foundation for failing to adequately support developers driving the network’s scalability. Sandeep Nailwal, co-founder of Polygon, and Andre Cronje, co-founder of Sonic Labs, accused the foundation of overlooking Layer-2......

CleanSpark expands into AI data centers alongside bitcoin mining

CleanSpark announced plans to diversify beyond bitcoin mining, moving into AI and high-performance computing (HPC) infrastructure. The company has appointed Jeffrey Thomas to lead a new division focused on AI data centers. Thomas will serve as senior vice president of AI Data Centers, overseeing site......

How secure are eSIMs in the digital age: separating fact from fear

The rise of eSIM technology has transformed the way people connect across borders, offering flexibility and convenience for travelers, professionals, and businesses. Yet, as digital SIMs replace traditional physical cards, questions about their security continue to surface. Are eSIMs truly safe, or do......

Amazon Web Services outage disrupts global internet infrastructure

A widespread outage within Amazon Web Services (AWS) caused significant disruptions to the global internet on Monday, impacting websites, applications, and online services dependent on its cloud infrastructure. The incident, attributed to a “connectivity issue within one of its core regions,”......

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