Tech & Internet
Xiaomi launches new Xring chip, partners with TSMC for production
The introduction of Xring O3 comes a year after Xiaomi launched its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung Electronics and Huawei in developing its own chips.
Alibaba launches Wan3.0 AI video model after $10 billion share sale
The new model can generate 30-second videos from documents, spreadsheets, slides and web pages, Alibaba Cloud said in a post on the WeChat platform. Alibaba said Wan3.0 had been used in short drama and film production, advertising and marketing, tourism promotion and music video creation since a public beta version was launched on August 6.
ET AI Hackathon: Innovation begins with a challenge
The Economic Times invites seasoned professionals to partake in an AI Hackathon, a national initiative designed to tackle genuine enterprise challenges using artificial intelligence. Contestants will engage in various rounds, demonstrating their technical prowess and innovative problem-solving skills. The most promising teams will showcase their AI-driven solutions at a grand finale in August 2026, where winners may secure prizes and exciting career opportunities with Accenture.
Sonova unveils new AI-powered hearing-aid platform to support growth targets
The Swiss company was the first one to roll out a hearing aid that used real-time AI to separate speech from background noise in 2024.
CoinDCX expands SIP offering with daily investments and XIRR tracking from Rs 100
CoinDCX has introduced Daily SIP, enabling investors to start crypto investments for as little as Rs 100. This innovative feature promotes a steady approach to accumulating assets over time. With the introduction of the XIRR metric, users can now monitor their annualized returns easily. This enhancement is designed to make long-term crypto investing accessible, offering users increased flexibility and clarity to support disciplined investment strategies.
India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: Report
India's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent and taking the country's share of global semiconductor consumption to roughly 9 per cent by 2031, according to a report by Kotak Mahindra Mutual Fund.
New Zealand to introduce bill banning social media for children under 16
The bill would require social media platforms to take reasonable steps to verify users' ages, including by utilising existing account information, facial technology and digital identity documents.
From Australia to Europe, countries move to curb children's social media access
Below is a summary of what countries and companies are doing to regulate access to social media amid mounting concerns over the impact of social media on children's health and safety.
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI
Alibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday close - is aimed at funding AI-related development, as it redoubles AI bets amid competition and simmering Sino-U.S. tech rivalry.
Flipkart introduces penalties for sellers over despatch delays, cancellations
Flipkart has introduced new penalties for sellers over despatch delays and order cancellations, ahead of the festive season. Sellers will pay Rs 30-60 per shipment for breaches, or Rs 90 if an order is delayed and then cancelled. Small brands and individual sellers are likely to face greater impact, executives said.
