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☆ A Japanese bakery is using AI to produce ‘romance bread’ targeted at love-averse youth
▼ + stars: | 2024-02-14 | by ( Saki Toi | ) edition.cnn.com time to read: +4 min

Through this analysis, they identified five key feelings of romance: first encounter, first date, jealousy, heartbreak and mutual love. The bakery then reportedly worked its magic to transform these feelings into various flavors of fluffy steamed bread. Next, AI extracted the lyrics of approximately 35,000 songs related to love and food from a Japanese database. “The selection of ingredients was done by AI, but our role was to make them into bread,” said Yuki Kitazawa, a developer at Kimuraya bakery. “We paid attention to the colors used to express romantic emotions visually and aimed for a vibrant and pop appearance for Love Bread.”

Persons: “ Ren, Pan, Kimuraya, ”, Yuki Kitazawa Organizations: Tokyo CNN, NEC Corp, NEC, “ Locations: Japan, Kanto

☆ SPECIAL REPORT-Inside the subsea cable firm secretly helping America take on China
▼ + stars: | 2023-07-06 | by ( Joe Brock | ) www.reuters.com time to read: +23 min

Reuters is revealing details of the Diego Garcia project and SubCom’s deepening ties with the Pentagon. SubCom’s loyalty is especially important because it is the only major U.S. subsea cable company. Rather, they carefully obscured the U.S. military component within a larger private-sector cable project, according to four subsea cable industry sources with knowledge of the arrangement. That project, known as the Oman Australia Cable, was spearheaded by SUBCO, a Brisbane-based subsea cable investment company owned by Australian entrepreneur Bevan Slattery. Once the Navy project was complete, AT&T’s submarine cable project morphed into a commercial business, the former employees said.

Persons: Diego Garcia, SubCom, Cerberus, Stephen Feinberg, Donald Trump, Feinberg, Joe Biden, Biden, Eckhard Bruckschen, They’ve, ” Bruckschen, Trump, Brad Smith, –, Mao Ning, ”, Jacob Helberg, Bevan Slattery, SUBCO’s, Richard Payne, Payne, “ We’re, ” Payne, Alex Kerska, Catherine Creese, Creese, David Coughlan, Coughlan, Slattery, SubCom’s Coughlan, Rich, Australia West Express –, John Mariano, Anthony Albanese, Albanese, Caesar, Kellee Wicker, ” Wicker Organizations: CS, SubCom, Google, Microsoft, Meta, ., U.S, Navy, Cerberus Capital Management, U.S . Navy, President’s Intelligence, Board, U.S . Navy’s Pacific Fleet, U.S . Pacific Fleet, U.S ., Pentagon, America Inc, Cable Consultancy, Reuters, Japan’s NEC Corporation, France’s Alcatel Submarine Networks, China’s HMN, U.S . Department of Defense, White, U.S . Department of Justice, Foreign, Oracle, China Economic, Security, Commission, U.S . Department of Transportation, Department of Defense, government’s, Cable Security Fleet, Oman Australia Cable, SUBCO, The, The U.S . Pacific Fleet, SUBCO’s Oman Australia Cable, Facebook, Defense, Intelligence, SubCom’s, London Stock Exchange Group, U.S . Coast Guard, Naval, Cable, Office, Tyco Telecommunications, Australian, Financial, Australia West Express, GoTo Networks, couldn’t, Netflix, AT, Tyco International, Tyco, New, Washington, Science, Technology, Wilson, “ Cables Locations: Diego, Indian, China, New Jersey, United States, U.S, Soviet, Washington, New York, Philippine, South China, Beijing, America, American, Hong Kong, Switzerland, Eatontown , New Jersey, British, Britain, Australian, Australia, Oman, Brisbane, Southeast Asia, The U.S, SUBCO’s Oman, Perth, SubCom, Guam, U.S . Pacific, Republic of Djibouti, of Africa, Djibouti, Sri Lanka, Scotland, Newfoundland

☆ Inside the subsea cable firm secretly helping American take on China
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +24 min

Persons: Diego Garcia, SubCom, Cerberus, Stephen Feinberg, Donald Trump, Feinberg, Joe Biden, Biden, Eckhard Bruckschen, They’ve, ” Bruckschen, Trump, Brad Smith, –, Mao Ning, ”, Jacob Helberg, Bevan Slattery, SUBCO’s, Richard Payne, Payne, “ We're, ” Payne, Alex Kerska, Catherine Creese, Creese, David Coughlan, Coughlan, Slattery, SubCom’s Coughlan, Rich, Australia West Express –, John Mariano, Anthony Albanese, Albanese, Caesar, Kellee Wicker, ” Wicker, Joe Brock, Mohammad Kawoosa, Edgar Su, Catherine Tai Design, Eve Watling, Marla Dickerson Organizations: CS, SubCom, Google, Microsoft, Meta, ., U.S, Navy, Cerberus Capital Management, U.S . Navy, President’s Intelligence, Board, U.S . Navy’s Pacific Fleet, U.S . Pacific Fleet, U.S ., Pentagon, America Inc, Cable Consultancy, Reuters, Japan’s NEC Corporation, France’s Alcatel Submarine Networks, China’s HMN, U.S . Department of Defense, White, U.S . Department of Justice, Foreign, Oracle, China Economic, Security, Commission, U.S . Department of Transportation, Department of Defense, government’s, Cable Security Fleet, Oman Australia Cable, SUBCO, The, The U.S . Pacific Fleet, SUBCO’s Oman Australia Cable, Facebook, Defense, Intelligence, SubCom’s, London Stock Exchange Group, U.S . Coast Guard, Naval, Cable, Office, Tyco Telecommunications, Australian, Financial, Australia West Express, GoTo Networks, couldn’t, Netflix, AT, Tyco International, Tyco, New, Washington, Science, Technology, Wilson, “ Cables Locations: Diego, Indian, China, New Jersey, United States, U.S, Soviet, Washington, New York, Philippine, South China, Beijing, America, American, Hong Kong, Switzerland, Eatontown , New Jersey, British, Britain, Australian, Australia, Oman, Brisbane, Southeast Asia, The U.S, SUBCO’s Oman, Perth, SubCom, Guam, U.S . Pacific, Republic of Djibouti, of Africa, Djibouti, Sri Lanka, Scotland, Newfoundland

☆ Japan's Suzuki to make 'flying cars' with SkyDrive
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

TOKYO, June 20 (Reuters) - Japanese automaker Suzuki Motor Corp (7269.T) said on Tuesday it had reached an agreement with SkyDrive Inc to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year, Suzuki said in a statement. SkyDrive will establish a wholly owned subsidiary to make the aircraft and Suzuki will help with preparations for the manufacturing, including securing talent, the automaker said. Headquartered in the city of Toyota in central Japan, SkyDrive has trading house Itochu Corp (8001.T), tech firm NEC Corp (6701.T) and a unit of energy company Eneos Holdings Inc (5020.T) among its main shareholders. The two companies signed a deal in March last year to team up in research, development and marketing of flying cars.

Persons: Suzuki, SkyDrive, Satoshi Sugiyama, Robert Birsel Organizations: Suzuki Motor Corp, SkyDrive Inc, Suzuki Group, Toyota, Itochu Corp, NEC Corp, Eneos Holdings, Thomson Locations: TOKYO, Japan

OAKLAND, California, April 19 (Reuters) - Chip manufacturer GlobalFoundries Inc (GFS.O) said on Wednesday it had filed a lawsuit against International Business Machines Corp (IBM.N), accusing it of unlawfully sharing confidential intellectual property and trade secrets. New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce cutting-edge two-nanometre chips. It also asserted that IBM had unlawfully disclosed and misused its IP with Intel Corp (INTC.O), noting that IBM had announced in 2021 it would collaborate with Intel on next-generation chip technology. "IBM is unjustly receiving potentially hundreds of millions of dollars in licensing income and other benefits," GlobalFoundries said in a statement. GlobalFoundries is seeking compensatory and punitive damages as well as an injunction against IBM to stop using the trade secrets.

☆ U.S. and China wage war beneath the waves – over internet cables
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +28 min

Three of China’s state-owned carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd (China Unicom) – had committed funding as members of the consortium, which also included U.S.-based Microsoft Corp and French telecom firm Orange SA, according to six people involved in the deal. China Telecom, China Mobile, China Unicom and Orange did not respond to requests for comment. China Telecom, China Mobile and China Unicom were resolutely behind HMN Tech, which had come in with a bid of around $500 million. China Telecom and China Mobile threatened to walk off the project, taking tens of millions of dollars of investment with them. Among them is China Telecom, which had previously won authorization to provide services in the United States.

☆ These 74 stocks across 5 categories of AI are the top picks from the sector's leading fund managers.
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Rapidus considering building chip factory in Hokkaido, northern Japan-TV Tokyo
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Feb 15 (Reuters) - Japan's state-backed chip venture Rapidus is considering building a chip factory in Hokkaido, northern Japan, TV Tokyo reported on Wednesday. Rapidus will likely make a formal decision on new factory site by as early as end-February, according to the report. A spokesperson of the chip venture confirmed that Hokkaido governor will visit its headquarters in Tokyo on Thursday to discuss plant building. Japan has said it will invest an initial 70 billion yen ($525 million) in Rapidus, a venture led by tech firms including Sony Group Corp (6758.T) and NEC CorpRapidus told Reuters earlier this month that it would need about 7 trillion yen ($54 billion) of mostly taxpayer money to begin mass producing advanced logic chips in around 2027. ($1 = 133.2700 yen)Reporting by Kantaro Komiya and Kaori Kaneko; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

☆ Sony plans smartphone sensor factory in Japan - Nikkei
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +1 min

Dec 15 (Reuters) - Sony Group Corp (6758.T) is considering building a new factory to make smartphone image sensors in the Kumamoto prefecture of Japan, Nikkei reported on Thursday. The company plans to break ground on the plant as soon as 2024, and bring it online in fiscal 2025 at the earliest, the report said, adding the company expects the cost to run into the billions of dollars. Japan, which long ago lost its lead on chip manufacturing, particularly advanced semiconductors, is rushing to take advantage after Washington restricted Beijing's access to the technology and asked its allies to do the same. Sony plans to source chips from Taiwan Semiconductor Manufacturing Co's (2330.TW) planned chip plant in the area, the report said. ($1 = 137.8500 yen)Reporting by Chavi Mehta in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Mazda to invest $11 billion to electrify its vehicles
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) will invest about 1.5 trillion yen ($10.58 billion)to electrify its vehicles, including boosting production of battery EVs, and aims to increase their share in the company's overall global car sales by 2030. The ratio of electric vehicles (EVs) in global sales is expected to rise to between 25 percent and 40 percent as of 2030, from 25% previously, the company said in a statement. Automakers worldwide are spending billions of dollars to ramp up battery and EV production in the face of tougher environmental regulations. In August, Toyota Motor Corp (7203.T) said it would invest up to 730 billion yen in Japan and the United States to make batteries for fully electric vehicles as opposed to hybrid gasoline-electric cars like the Prius. Shoichi Matsumoto, Envision AESC chief executive, told Reuters last month it was in talks with automakers in Japan, Europe, the United States and China for new supply deals.

☆ Mazda to invest $11 bln by 2030 to procure EV batteries - Nikkei
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) plans to invest 1.5 trillion yen ($10.6 billion) by 2030 to procure electric vehicle (EV) batteries and cooperate with battery supplier Envision AESC, the Nikkei business daily reported on Tuesday. The Hiroshima-based automaker will secure batteries and seek to increase production of fully electric vehicles at factories in Japan through the partnership with Envision AESC, the newspaper reported. Both Mazda and Envision AESC declined to comment. Mazda is set to hold a news conference at 0530 GMT on Tuesday to talk about it medium-term business plan. Shoichi Matsumoto, Envision AESC chief executive, told Reuters last month it was in talks with automakers in Japan, Europe, the United States and China for new supply deals.

TOKYO, Nov 11 (Reuters) - Japan said on Friday it will invest up to 70 billion yen ($500 million) in a new semiconductor company led by tech firms including Sony Group Corp (6758.T) and NEC Corp (6701.T) as it rushes to re-establish itself as a lead maker of advanced chips. The new chip company will be named Rapidus and aims to begin making chips in the second half of the decade, he added. Japan is also concerned that China may attempt to take control of Taiwan, the global hub for advanced chip production. In July Japan also offered a 93 billion yen subsidy to help memory chip makers Kioxia Corp and Western Digital Corp (WDC.O) expand output in Japan. In September it pledged to give U.S. chipmaker Micron Technology (MU.O) $46.5 billion yen so it can add production capacity at its plant in Hiroshima.

☆ Battery maker Envision AESC seeking potential investors to fund expansion-CEO
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +3 min

ZAMA, Japan, Oct 14 (Reuters) - Chinese renewable energy group Envision's battery business is seeking potential investors, as it looks to fund a planned 30-fold expansion in its battery production capacity for electric vehicles (EV), the unit's chief executive said. Envision AESC has also said it plans to supply batteries for Honda Motor Co (7267.T) and Mercedes-Benz (MBGn.DE). The company hopes to break into the top-tier EV supply rankings by leveraging its more than a decade of battery production experience. Matsumoto said the company is aiming to expand its share in the global EV battery market by roughly five times to about 15% by 2025 or 2026. Solid-state battery technology involves a high-capacity energy storage device that improves on lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material.

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