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NO.1 Elon Musk says Tesla plans to buy AMD chips

Tesla CEO Elon Musk has said that he plans to buy chips from AMD, but did not disclose the specific amount. Musk has previously said that Tesla will spend more than $500 million on Nvidia's hardware this year. Nvidia is currently the leader in the so-called artificial intelligence accelerator market, but competitors like AMD are also making a big push into the market.

Commentary: AMD has made impressive achievements in the chip field in recent years, and its products are competitive in terms of both performance and price. This is a huge opportunity for AMD.

NO.2 Cruise discloses accident investigation report from last year

In early December of last year, a traffic accident occurred in San Francisco in which a woman was hit by a self-driving Cruise car and seriously injured. A third-party report of the accident, recently released by Cruise, shows that there is no evidence that Cruise employees or executives misled or lied to regulators about the traffic accident that occurred in 2023.

Commentary: This is a positive response from Cruise to demonstrate the safety and reliability of its autonomous driving technology, as well as its transparency and integrity with regulators.

NO.3 EU warns: Apple could face severe penalties if it doesn't adjust

Apple announced last week that it will follow the Digital Markets Act (DMA) to make changes to iOS, Safari browser and App Store in the EU. In response, Thierry Breton, the European Commissioner for Internal Market, warned that Apple could face tough enforcement action if the changes to its app store do not comply with upcoming EU regulations.

Commentary: The EU has made a strong statement to protect fair competition in its digital market and prevent Apple from abusing its dominant position in the app store. This is something Apple needs to take very seriously.

NO.4 xAI reportedly in talks to raise up to $6 billion in funding, Musk denies

According to foreign media reports citing sources, Elon Musk's artificial intelligence startup xAI is in talks to raise up to $6 billion in funding to challenge industry leader OpenAI. Sources say that in recent weeks, xAI has been courting wealthy individuals and investors around the world, with Musk hoping to raise new equity for xAI at a proposed valuation of $20 billion. Musk denied this on social media, saying that xAI is not raising funds and that "I have not spoken to anyone about this."

Commentart: For xAI, it needs to convince investors in the process of financing of the feasibility and prospects of its technology and business model, and overcome various technical and ethical challenges in the process of R&D, in order to truly challenge OpenAI.

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