Trillion Dollar Club Archives - Page 12 of 15

ThursdayAug 28, 2025 9:00 am

Melania Trump Unveils AI Competition for Kids Up to Grade 12

The First Lady of the U.S., Melania Trump, invited school kids from kindergarten up to grade 12 to take part in a contest sponsored by the government. The competition is designed to have the kids work together on AI projects aimed at addressing community issues. This call was made on Tuesday as Melania Trump launched this contest. In a video message launching this Presidential AI Challenge, the First Lady pointed out that she created an audio book using AI and was a champion of online safety in her efforts to see the Take It Down Bill passed by Congress. She…

TuesdayAug 26, 2025 9:00 am

What Investors Should Think About the US Government’s Acquisition of Intel Stock

The United States government has reached an agreement to convert the grants issued to Intel Corp. under the CHIPS Act into an equity stake. While many reasons were advanced in support of the government acquiring an ownership stake in the tech company, there are a number of implications that investors and analysts ought to ponder. For starters, the CHIPS Act passed during the Biden administration was intended to make investment on U.S. soil attractive so that the country could gain security and other strategic benefits from luring semiconductor manufacturing to the U.S. The tax credits, grants and other forms of…

FridayAug 22, 2025 9:00 am

University of Chicago Receives Grant to Establish Chip Design Hub

The National Science Foundation in the U.S. has awarded UChicago a grant worth $3 million to accelerate progress in domestic semiconductor manufacturing and 3D chip design. This new hub will be led by UChicago’s Farah Fahim. The award is intended to address many of the challenges that have stood in the way of the semiconductor sector in the U.S., such as limited design ecosystems and disparate talent pipelines. With this grant, the ground will be laid to nurture next-generation semiconductor manufacturing domestically. Fahim explained that while innovation in chip design was strong within the country, this capability wasn’t sufficiently connected…

ThursdayAug 21, 2025 9:00 am

The UK Drops Request for Backdoor Access to Apple User Data

The UK has dropped its order that would have required Apple Inc. to create a backdoor through which authorities in the United Kingdom could access the encrypted communication that takes place through Apple devices. This data is stored on iCloud. Tulsi Gabbard, the U.S. National Intelligence director, made the revelation of the UK’s change of heart. Writing on X, Gabbard yesterday said that she, together with other officials within the federal administration had prevailed upon the Home Office in the UK to reconsider their request for backdoor access to user data stored on the cloud. She explained that this effort…

TuesdayAug 19, 2025 9:00 am

China Seems Lukewarm to the Resumption of Chip Exports from the US

In a recent move that surprised many analysts, President Trump allowed the resumption of exports of a particular AI chip that had been designed by an American firm for the Chinese market. The H2O chip had earlier on been included among the AI technologies that were restricted from being sold to firms in China. However, the resumption of these exports to China hasn’t triggered the response that the Western world expected. Prior to the announcement that exports would resume, China had made these particular restrictions a key feature of their demands in talks with the U.S. over easing trade tensions…

FridayAug 15, 2025 9:00 am

Apple Rejects Musk’s Claims of Bias Against its App Store

Apple has rejected the claims of bias against its app store by Elon Musk. Musk claimed that the store subverts fair competition and in response, Apple asserted that its app store is designed to be fair and free from bias. Musk, the owner of social media platform X, has threatened that he may resort to the courts of law to challenge Apple’s efforts to render it impossible for other apps to compete with those of OpenAI on the Apple App Store. Musk went as far as referring to Sam Altman, the CEO of OpenAI, as a liar after the latter…

ThursdayAug 14, 2025 9:00 am

AI is Rapidly Upending the Way Software Development is Done

More than a decade ago, software engineering emerged as a highly demanded line of work. For many people that didn’t have software engineering degrees, coding bootcamps offered a way to break into this industry. Graduates of these programs started out as entry-level coders and made their way up the ladder. However, the growth of AI has had a devastating effect on these bootcamps and their graduates. One such bootcamp graduate is Jonathan Kim, who now works at an ice cream shop in Los Angeles. He enrolled in a coding bootcamp and completed the program in 2024. With high hopes of…

TuesdayAug 12, 2025 9:00 am

Factors That Influence the Lifespan of Your Residential Solar Battery

A survey conducted recently by SunPower found that approximately 40% of the respondents in America have worries regarding electricity outages. Survey participants who expressed interest in residential solar system overwhelmingly (70%) expressed a desire to incorporate solar batteries within any solar system they purchased. With solar installation ticking upwards across the country over recent years, many consumers are interested in knowing how long energy storage batteries can last when used at home. We explore some of the factors that could contribute to the longevity of these batteries. The warranty provided by the battery manufacturer provides the first clue about how…

FridayAug 08, 2025 9:00 am

AI, Extended Reality Successfully Tutor Surgical Trainees Without Supervisors

Researchers at Mount Sinai have demonstrated the possibility of training surgical students by leveraging an AI algorithm coupled with extended reality headsets. The 17 students in this study attained surgical success without a tutor being involved in their instruction. This novel research received highly positive reviews from the students who participated in the study and tested how well the deep learning model worked. The findings of this study have significant implications regarding the way surgeons and medical residents could be trained in future, in addition to opening more possibilities in the way autonomous learning can be undertaken within the medical…

ThursdayAug 07, 2025 9:00 am

Trump’s Executive Order Ends De Minimis Rule, Shaking up Global Ecommerce

Starting on August 29, the “de minimis” exemption which allowed parcels valued at less than $800 to enter the U.S. without being subjected to any import duties is going to come to an end. This change is aimed at addressing tariff evasion while also improving oversight on all imports. The rule change is going to reshape global ecommerce since many online platforms, especially Chinese ones like Temu and Shein, leveraged this de minimis exemption to penetrate the U.S. market with their cheaper products. Subjecting all imports to tariffs and other duties will increase the cost of those cheap imports and…

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