Nvidia Hits $4 Trillion Market Value Amid AI Surge Nvidia has become the first publicly traded company to reach a $4 trillion market value. Its stock rose by 2.5% on Wednesday, hitting a record high during intraday trading. This surge pushed Nvidia above the milestone, marking a significant moment in the global tech industry. The US chipmaker has seen its value rise around 20% this year. This growth is due to Nvidia’s strong position in powering the artificial intelligence boom. Nvidia reached this milestone before Apple and Microsoft, two other major players in the tech sector. Powering the AI Revolution…
Author: StratNewsGlobal Tech Team
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Rare Juvenile Ceratosaurus Skeleton to Lead Sotheby’s Auction Sotheby’s will auction a rare juvenile Ceratosaurus skeleton in New York on 16 July. This is the first and only young Ceratosaurus ever discovered, making it a highlight of Sotheby’s Natural History sale during its “Geek Week” auction series. The Only Juvenile Ceratosaurus Ever Found Cassandra Hatton, Sotheby’s vice-chairman and global head of science and natural history, explained that juvenile fossils rarely survive the challenges of deep time. She noted that only four Ceratosaurus skeletons exist worldwide, and this is the only juvenile among them. Unearthed in 1996 at the Bone Cabin…
India’s space-tech sector is set to witness a major leap forward as Suhora Technologies, a homegrown geospatial analytics company, has announced a strategic partnership with U.S.-based Orbital Sidekick (OSK). The collaboration aims to introduce high-resolution hyperspectral satellite data services to the Indian market—making Suhora the first Indian company to commercially offer hyperspectral imagery covering the full VNIR-SWIR spectrum. This move positions India at the forefront of next-generation Earth observation capabilities, with significant implications for industries ranging from natural resource exploration to environmental monitoring and strategic infrastructure. With the Indian geospatial sector projected to expand rapidly, this partnership signals growing international…
TikTok Plans New App for US Users Ahead of Planned Sale TikTok is preparing a new version of its app for users in the United States as it moves towards a planned sale to a group of investors, according to a report by The Information. The report states that TikTok plans to launch the new app in US app stores on 5 September. Existing users will need to download the new app to continue using TikTok, although the current app will remain functional until March next year. However, the timeline may change. US-China Discussions on TikTok Deal This development comes…
Declining Sales Across Sweden and Denmark Tesla’s sales continued to fall in Sweden and Denmark in June, marking the sixth straight month of decline in these markets. In Sweden, Tesla’s registrations dropped by 64.4% compared to the previous year. Similarly, in Denmark, sales fell by 61.6% during the same period, highlighting the challenges Tesla faces as competition grows and CEO Elon Musk’s popularity declines. In Denmark, sales of the revised Model Y dropped by 31.2% year-on-year to 1,155 cars. This decline shows that Tesla is struggling to regain its footing despite introducing updated models. Norway Offers a Brighter Picture for…
Meta Hires More OpenAI Researchers for AI Expansion Meta Platforms is continuing to expand its artificial intelligence capabilities by hiring more researchers from OpenAI, according to a report by The Information. This move aligns with Meta’s growing focus on superintelligence under the leadership of CEO Mark Zuckerberg. The report states that four researchers, Shengjia Zhao, Jiahui Yu, Shuchao Bi and Hongyu Ren, have agreed to join Meta. This follows Meta’s earlier recruitment of Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai, who previously worked at OpenAI’s Zurich office, as reported by the Wall Street Journal. Strengthening Meta’s Superintelligence Efforts Meta, the…
Chile’s Vera Rubin Observatory Unveils First Cosmic Images Chile’s Vera C. Rubin Observatory, home to the world’s largest digital camera, has shared its first images of the cosmos. This milestone allows astronomers to explore how the solar system formed and assess whether asteroids may threaten Earth in the future. The observatory sits on Pachon Hill in Chile’s Coquimbo region, using its 8.4-metre telescope and 3,200-megapixel camera to collect vast amounts of data. The camera connects to a powerful data system, designed to process and analyse images rapidly. Tracking Thousands of New Asteroids Within just 10 hours of observation, the observatory…
SpaceX Seeks Mexico’s Help After Starship Explosion Sends Debris Across Border SpaceX has said its efforts to recover debris after last week’s Starship explosion have faced obstacles, prompting the company to seek assistance from Mexico. The explosion occurred during testing in Texas, sending debris across the border and raising concerns from Mexican authorities. Explosion Scatters Debris During Testing The Starship spacecraft exploded into a large fireball during a test launch in Texas last week. SpaceX attributed the incident to a “major anomaly” as video footage showed at least two explosions lighting up the night sky. Debris was seen flying in…
Louis Vuitton Unveils Ship-Shaped Shanghai Store to Boost Experiential Luxury Louis Vuitton has opened a striking new flagship store in Shanghai, designed to bring shoppers more than just products. Named “The Louis”, the 30-metre-high, ship-shaped store opened on Thursday in the busy Nanjing Road shopping area. It features an exhibition space and a café, aiming to draw crowds eager for experiences, not just purchases. Luxury Shifts Towards Experiences Amid China Slowdown The new store arrives as luxury spending in China slows. For years, brands like Louis Vuitton and Hermès have relied on Chinese shoppers to fuel growth. Now, they face…
In a global technology race dominated by the United States and China, India and Russia are steadily carving out their own path. With initiatives like the India AI Mission and the ambitious India Semiconductor Mission, the country is aiming to establish itself as a credible technological power. Yet, despite the progress, India’s digital infrastructure remains significantly reliant on foreign suppliers. Russia, too, is seeking to assert its place in the global tech arena. It has demonstrated its capabilities in training IT professionals and in maintaining parity in advanced weaponry. But its domestic IT industry, which accounts for a mere 1–2%…