Google has officially announced that it will be holding its Made by Google 2026 hardware event, where it will introduce its next-generation Pixel devices, on Wednesday, August 12, 2026. The event will be held in New York City and Google will also be live streaming it online. Google has confirmed that the Pixel 11 series will be the main announcement at the event, referring to the official Google Store teaser page as The next generation Google Pixel 11. What time will the event be held in Sri Lankan time? The Made by Google 2026 keynote is scheduled to start at 3:00 PM Pacific Time and 6:00 PM Eastern Time. Accordingly,…
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South Korea’s $950 Billion Plan to Change the AI Chip World
South Korea’s Samsung Electronics and SK Group have announced a number of AI and semiconductor initiatives worth $950 billion, along with major U.S. technology companies. The partnerships were unveiled at an AI Summit in San Francisco hosted by South Korean President Lee Jae-Myung. The event was attended by technology industry leaders including NVIDIA CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Broadcom CEO Hock Tan. The agreements signed by SK Group are valued at $750 billion, with more than $500 billion of that going to an AI data center and next-generation memory initiative with NVIDIA. Under the partnership, SK Hynix plans to supply NVIDIA with next-generation…
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Intel shares rise as AI grows.
Shares of Intel (INTC.O) rose 6% in premarket trading on Friday after rising expectations that AI improvements would lead to the chipmaker’s long-awaited turnaround. The company forecast third-quarter revenue to beat Wall Street expectations and raised its capital spending estimate for the year to $18 billion to $20 billion. Article imageIntel’s improving outlook reflects the growing use of its data center central processing units (CPUs) by customers building infrastructure for artificial intelligence (AI), as Chief Executive Officer Lip-Bu Tan positions Nvidia (NVDA.O) as a broader beneficiary of AI-driven semiconductor demand, despite the company’s accelerator chips. “The capital increase reflects not only the cash flow upside and confidence in the visibility…