Category: business
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Hyundai to Deploy Human-Like Robots in Factories by 2028
Hyundai Motor Group has announced plans to introduce human-like robots across its factories by 2028, signaling a major push toward automation and AI-driven manufacturing. The announcement was made during the Consumer Electronics Show (CES) in Las Vegas, where Hyundai showcased Atlas, a humanoid robot developed by Boston Dynamics, in which Hyundai holds a majority stake.
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Nvidia Unveils Self-Driving Car Platform Alpamayo, Pushing AI into Physical Products
Nvidia has officially entered the self-driving car market with the unveiling of its new AI platform, Alpamayo, at the CES technology conference in Las Vegas. The chip-making giant, led by CEO Jensen Huang, aims to extend the company’s influence from AI computing into physical products, including autonomous vehicles. Speaking to hundreds of attendees at CES,
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EU Condemns Child-Like Deepfakes Generated by X’s Grok AI
The European Commission has condemned the spread of sexualized, child-like content generated by Grok, the AI chatbot developed by Elon Musk’s xAI company and integrated into the social media platform X. EU digital affairs spokesman Thomas Regnier called the material “illegal, appalling, and disgusting,” emphasizing that it has “no place in Europe.” The controversy follows
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U.S. Oil Companies’ Shares Surge as Trump Signals Potential Access to Venezuela’s Oil Reserves
Shares of U.S. oil companies climbed on Monday amid investor optimism over potential access to Venezuela’s vast oil reserves following comments from President Donald Trump about taking control of the South American nation after the arrest of its president, Nicolas Maduro. Venezuela holds the world’s largest proven oil reserves, but decades of mismanagement, sanctions, and
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Nvidia CEO Jensen Huang Announces Next-Generation AI Chips in Full Production at CES 2026
Nvidia CEO Jensen Huang revealed on Monday at the Consumer Electronics Show (CES) 2026 that the company’s next-generation AI chips are now in full production, promising up to five times the computing power of previous chips for artificial intelligence (AI) applications such as chatbots and other AI-driven services. Vera Rubin Platform: A Leap in AI
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European Commission Condemns Grok AI for Sexualized Imagery as Britain Demands Accountability
The European Commission has officially condemned the creation and dissemination of sexualized AI-generated images on Elon Musk’s social media platform X, calling them illegal, appalling, and unacceptable in Europe. The decision comes amid mounting pressure from regulators worldwide over the surge of nonconsensual imagery generated by X’s AI chatbot, Grok. AI-Generated Sexual Content Sparks Global
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Next Lifts Profit Forecast After Strong Christmas Sales Despite Economic Uncertainty
British fashion retailer Next Plc has raised its annual profit forecast for the fifth time in a year after reporting strong Christmas trading, fueled by better-than-expected full-price sales and robust international growth. The upbeat report sent Next shares higher in early trading on Tuesday. Strong Christmas Sales Beat Expectations Despite subdued consumer confidence ahead of
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UK Services Sector Ends 2025 Weakly as Price Pressures Rise, PMI Shows
Britain’s services sector closed out 2025 on a weaker footing than initially expected, according to the final reading of the S&P Global UK Services Purchasing Managers’ Index (PMI). While business activity remained slightly above the 50-point threshold that separates growth from contraction, the survey revealed rising input costs and increasing prices, raising concerns about potential
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South Korea’s President Lee Jae Myung Seeks Strategic Cooperative Partnership With China
South Korean President Lee Jae Myung emphasized the importance of strengthening bilateral ties with China during a high-level summit with President Xi Jinping in Beijing on Monday. The meeting was described as a pivotal opportunity to fully restore South Korea-China relations and lay the groundwork for a durable strategic partnership. Summit Focuses on Irreversible Strategic
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Italy and Pirelli Explore Options to End Chinese State-Owned Sinochem’s Stake Amid U.S. Pressure
Italy and tyremaker Pirelli are reportedly exploring strategies to reduce or end the involvement of Chinese state-owned Sinochem Corporation in the Milan-based company, according to a report by the Financial Times. This development comes amid growing U.S. pressure on Chinese investment in automotive and technology sectors. Sinochem’s Influence and Stake in Pirelli Sinochem currently holds
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