Author: Zech

The term “Internet of Things” has become increasingly popular over the last five years or so, and it looks like we’ll be hearing even more about it in the coming years. But, as is the case with other hot buzz phrases like this, many people scratch their heads and ask, “What is this, and why should I care?”That’s why we’re here. In this article, we will explore what the Internet of Things (or IoT for short) is, different IoT applications, how different industries are applying the concept, and what the future of IoT looks like.Watch the video below to understand…

The City of Columbus is facing a major cybersecurity incident that has disrupted several IT services for residents. Here’s what you need to know about the situation and what the city is doing to resolve it. what happened? On July 18, 2024, the City’s Technology Department detected a system anomaly during routine monitoring. The incident was not related to the global IT outage that occurred the same day. The City immediately took steps to mitigate potential risks, including cutting off internet connections to protect its systems. This precautionary measure has caused disruptions to some services residents rely on, although essential…

Tesla CEO Elon Musk said the company is working on developing humanoid robots for its own use and would like to make the technology available to other companies, possibly as soon as two years from now.”Tesla will be producing a small number of truly useful humanoid robots for our internal use next year, and hopefully mass producing them for other companies in 2026,” Musk posted on his social media platform X, responding to a user who was discussing advances in AI technology.(For the day’s top tech news, subscribe to our tech newsletter, Today’s Cache)Musk unveiled Tesla’s Optimus robot in October…

A report published by Boston Consultancy Group (BCG) in 2022 predicts that the total value of illiquid real assets (RWA) will soar to $16 trillion by 2030, or 10% of the entire global economy. This includes real estate, land, fine art, commodities, public infrastructure, computing infrastructure, private equity, etc. Real estate in particular is notoriously illiquid due to many factors, including the lack of a public market for commercial real estate funds, the complexity of transactions and valuations, and the demand for huge capital investments. Inability to divide real estate, lack or slow communication of information to retail investors and…

Digital Matter, a global leader in low-power GPS and IoT hardware development, recently announced the next generation of its Dart3 and G70 GPS vehicle and equipment tracking devices, adding Bluetooth Low Energy. The G70 BLE and Dart3 BLE build on the robust capabilities of their predecessors and enhance them with the addition of Bluetooth capabilities for comprehensive sensor and condition monitoring. These devices provide highly accurate real-time tracking with cellular LTE-M (Cat-M1)/NB-IoT connectivity and can also be used for comprehensive driver and vehicle monitoring. Flexible input interfaces work with various devices and switches to monitor driver safety and behavior by…

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO – Get Free Report) shares rose 1.4% on Monday. The stock traded as high as $56.77 and last traded at $56.71. 31,949 shares were traded during midday trading, down 54% from the session’s average trading volume of 69,891 shares. The stock had previously closed at $55.90. ROBO Global Robotics & Automation ETF Price Performance The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 28.27 and a beta of 1.28. The company’s 50-day moving average price is $56.04 and its 200-day moving average price is $56.21. Institutional Investors Turn to…

Spain-based financial services company BBVA has partnered with Telefonica to integrate advanced artificial intelligence (AI) and process automation into its global cybersecurity operations. The collaboration will leverage the expertise of Telefonica Tech, the Madrid-based communications group’s digital services division, to strengthen BBVA’s cybersecurity capabilities on a global scale. The new digital twin facility in Mexico will replicate BBVA’s existing cybersecurity center in Spain. Telefonica Tec said the combination of the two companies would provide comprehensive and uninterrupted coverage across the entire group. [BBVA] Latest [tech] “We are making advancements to detect, identify and respond to potential threats and monitor cyber…

CEO Insights Asia Team | Tuesday, July 23, 2024 Early-stage venture capital firm Lanchi is expanding into Hong Kong, looking to tap into the city’s financial strength and deep talent pool. After splitting off from US-based venture capital firm BlueRun, the former China branch has rebranded as Lanchi Ventures and is stepping into a new role. Lanchi Ventures aims to connect China’s newest generation of AI entrepreneurs to global markets. “Hong Kong offers a strategic advantage,” Jui Tan and Terry Zhu, managing partners at Lanchi Ventures, said in an interview. The expansion is seen as a key step in building…

Today, the demand for advanced RISC-V core IP is growing rapidly in areas such as generative AI and IoT. As technology becomes increasingly software-driven, the industry has moved from a hardware-first, software-later paradigm to a new paradigm where applications, especially large language models for AI, drive architecture development. This transition has placed RISC-V at the forefront with its highly configurable Instruction Set Architecture (ISA). This flexibility is critical as it allows developers to customize the instruction set for their specific software needs and optimize execution, power consumption, and throughput. A strong ecosystem of semiconductor companies, such as Synopsys and SiFive,…

Will AI Really Revolutionize Every Industry? A Critical AnalysisAdobe Stock It seems like every day we hear bold, grandiose claims about how AI will change the world – most specifically, how it will impact every industry and transform the way we work. Alphabet CEO Sundar Pichai famously said he believes AI will be more transformative than fire or electricity. It’s very easy to get caught up in the excitement, but here’s the problem: Most of this noise and hype is coming from multi-billion or even trillion-dollar companies like Alphabet that have a vested interest in selling an AI-powered future. How…