Tag: World News

Tesla's Dojo supercomputer is expected to give the company a significant advantage in the development of self-driving cars. Morgan Stanley estimates that Dojo could boost Tesla's market capitalization by nearly $600 billion and help the company generate $335 billion in revenue from its network services business by 2040.

Apple will unveil new iPhone 15, Apple Watch, and AirPods on September 12. iPhone 15 Pro models will have thinner bezels, U2 chip, and USB-C charging. Apple Watch Series 9 and Ultra will get performance boost and new materials. AirPods Pro will switch to USB-C charging and get Conversation Awareness.

Vietnam Airlines is expected to buy 50 Boeing 737 Max jets in a deal worth up to $7 billion. The deal would be a major boost for Boeing, which has been struggling to win back customers after the 737 Max was grounded worldwide for two years. The deal is also a sign of the improving relations between the United States and Vietnam.

Morocco's deadliest earthquake in 60 years has killed over 2,100 people and injured 2,421. Survivors are struggling to find food, water, and shelter as relief efforts continue.

Daniel Zhang steps down from Alibaba's cloud business. He will be succeeded by Eddie Wu, and will continue to contribute to Alibaba by "channeling his expertise differently". Alibaba will invest $1 billion in a technology fund that Zhang will establish.

Meta is developing a new AI system that is several times more powerful than its current model. The new system is expected to be ready next year and could be used to create realistic chatbots, generate personalized marketing content, and develop new forms of art and entertainment.

An Israeli delegation visited Saudi Arabia for the first time in public to attend a UN heritage conference. The visit comes as Washington is pushing to broker normalization of relations between the two countries.

Turkish President Erdogan supports India's bid for permanent UN Security Council seat. Erdogan said that the world is "bigger and larger than five", referring to the five current permanent members of the Council. He believes that India has the necessary capabilities and experience to play a constructive role in maintaining international peace and security. Erdogan also supports the idea of rotating seats on the UNSC for non-permanent members.

Arm, the chip designer owned by SoftBank, is considering raising the price of its IPO after strong demand from investors. The company is currently seeking a valuation of $54.5 billion, but could be valued higher if demand continues to be strong. Arm has already signed up many of its major clients as cornerstone investors, including Apple, Nvidia, and Intel. The company is seeking to convince investors that it has growth ahead of it, beyond the mobile phone market.

A powerful earthquake struck Morocco on the night of September 8, killing at least 296 people and injuring 153. The quake caused widespread damage in the affected areas, particularly in rural areas where many buildings are not built to withstand earthquakes. The Moroccan government has declared a state of emergency and is working to provide assistance to those affected.