Business

Taiwan chip giant TSMC's profits surge on AI demand

Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology.

Machine learning & AI

South Korea to invest $7 billion in AI by 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.

Internet

How AI discriminates and what that means for your Google habit

Safiya Umoja Noble swears she is not a Luddite. But she does think we could all learn a thing or two from the machine-bashing textile craftsmen in 19th-century Britain whose name is now synonymous with technological skepticism.

Business

California looks to Europe to rein in AI

California, home to Silicon Valley, is eager to rein in the deployment of artificial intelligence and is looking to Europe's tough-on-big-tech approach for inspiration.