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Intelligence asian news

Jennifer Elias - Alphabet set to report first-quarter results after market close - cnbc.com

Alphabet set to report first-quarter results after market close

Alphabet will report first-quarter earnings after the bell Thursday.

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Evelyn Cheng - Xpeng's Gu says robotaxis won’t be a real business for at least five years - cnbc.com - China -  Beijing -  Wuhan

Xpeng's Gu says robotaxis won’t be a real business for at least five years

BEIJING — Self-driving taxis won't be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday.

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Bloomberg - Demand for AI memory chips propels SK Hynix to its fastest sales growth since 2010 - scmp.com - Usa - South Korea - state Texas

Demand for AI memory chips propels SK Hynix to its fastest sales growth since 2010

SK Hynix said it expects a full recovery in the memory market after artificial intelligence (AI) demand spurred the chip maker to log its fastest pace of revenue expansion since at least 2010.

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Mark Zuckerberg - Ashley Capoot - Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash - cnbc.com

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Mark Zuckerberg started Meta's earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company's headsets, glasses and operating system. He spent almost the entirety of his opening remarks focused on the many ways Meta loses money.

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Ryan Browne - Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions - cnbc.com - Britain -  London

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions using a user's text inputs.

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KIM JAEWON - Nikkei staff writer - SK Hynix returned to profit in Q1 on AI chip leadership - asia.nikkei.com -  Seoul

SK Hynix returned to profit in Q1 on AI chip leadership

SEOUL -- SK Hynix returned to profit in the first quarter thanks to its leadership in advanced memory chips critical for artificial intelligence computing, recovering from a long slump in the memory market.

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Lora Kolodny - Elon Musk is keeping investors' dreams of a Tesla robotaxi alive - cnbc.com

Elon Musk is keeping investors' dreams of a Tesla robotaxi alive

By just about every measure, Tesla's first-quarter earnings report on Tuesday was dreary. The company missed estimates on the top and bottom lines. Revenue fell by 9% year over year, the worst decline since 2012. Auto sales dropped 13% from the same period in 2023. Free cash flow turned negative.

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Ernie Bot - Lim Hui Jie - SenseTime shares soar more than 30% after announcing its latest generative AI model - cnbc.com - China - Hong Kong

SenseTime shares soar more than 30% after announcing its latest generative AI model

Shares of SenseTime Group surged more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model, called SenseNova 5.0.

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