Startup Flip AI Creates Custom LLM to Address Observability

Startup Flip AI has built a custom LLM to run its observability platform. Observability is the act of monitoring corporate IT systems, ferreting out issues or identifying potential problems before they occur. It’s a 24/7 process, and can slow down sites or apps, sometimes causing crashes. Not to be confused with the PDF reader app, Flip AI has trained an LLM specifically to monitor new and emerging challenges. Concurrently, Flip AI has announced $6.5 million in seed funding led by Factory with participation from Morgan Stanley Next Level Fund and GTM Capital. Continue reading Startup Flip AI Creates Custom LLM to Address Observability

Foxconn Selects Wisconsin for North American Headquarters

Taiwanese electronics manufacturer Foxconn Technology Group announced that it has acquired a seven-story building in downtown Milwaukee that will serve as the company’s North American corporate headquarters. The new facility will employ 500 people and also house an innovation center that will focus on display technology. Foxconn, which purchased the downtown building from Northwestern Mutual, is additionally planning a major manufacturing complex about 30 miles south of Milwaukee in Racine County, expected to open in 2020. Continue reading Foxconn Selects Wisconsin for North American Headquarters

Foxconn to Build Flat Panel Factory and Make Advanced LCDs

Terry Gou, chairman of Foxconn Technology Group, announced plans to build an $8.8 billion flat panel TV factory in Guangzhou, China, where the Taiwanese company will manufacture advanced liquid-crystal displays with tech from Sharp Corp. (Foxconn acquired the Japanese electronics brand in 2016). The investment “will be made by Sakai Display Products Corp., which is mostly owned by Gou personally,” reports The Wall Street Journal. “Gou has sometimes taken on riskier investments for Foxconn under his personal portfolio, saying it was safer for Foxconn shareholders. The new Guangzhou facility is expected to begin production of 10.5-generation 8K displays, smart TVs and electronic whiteboards in 2019.” Continue reading Foxconn to Build Flat Panel Factory and Make Advanced LCDs

After Months of Setbacks, Foxconn Strikes Deal to Buy Sharp

Foxconn, the Taiwan-based factory operator best known for assembling Apple’s iPhones, is acquiring two-thirds of Japanese electronics manufacturer Sharp, which supplies phone screens to Apple. The $3.5 billion deal, which follows a slew of public negotiations, rumors and setbacks, could provide Foxconn with leverage to make it a more attractive Apple partner. However, some analysts suggest that the acquisition will hand Foxconn an ailing and costly business. Foxconn is facing rising labor costs in China and a global slowdown in smartphones, while Apple diversifies its supply chain. Continue reading After Months of Setbacks, Foxconn Strikes Deal to Buy Sharp

Chinese Company Offers Unbreakable Sapphire-Screen Phone

Desay, a Chinese manufacturer that supplies companies like Ford and Apple, has released an “unbreakable” smartphone. The display is made with sapphire, the second hardest mineral after diamond. The 5-inch Magical Mirror X5 costs $160, which reportedly does not cover the production costs of the phone. Apple had previously planned to use sapphire screens in the iPhone 6, but the company they were working with failed to produce enough of the mineral. Continue reading Chinese Company Offers Unbreakable Sapphire-Screen Phone

Walmart Beefing Up its E-Commerce Efforts to Catch Amazon

Walmart has surpassed online retail giant Amazon in sales growth for the first time in a decade. Global online sales for Walmart rose by 30 percent in 2013 to $10 billion, while Amazon experienced 20 percent sales growth. However, Amazon’s $67.8 billion in online sales are more than six times Walmart’s sales, and Amazon sold more last year than its next 10 largest competitors. To better compete with Amazon, Walmart is investing significantly in e-commerce. Continue reading Walmart Beefing Up its E-Commerce Efforts to Catch Amazon

Tactus Brings Shape-Shifting Touchscreen Buttons to iPads

While touchscreen devices have keyboards integrated directly onto their screens, many people miss the tactile feel of a traditional keyboard. Tactus Technologies, a company we first reported on during CES 2013, has developed shape-shifting touchscreen buttons to meet the needs of these consumers. The tech is coming to market later this year with an iPad accessory that will feature transparent morphing buttons that use small fluid-filled channels and elastic blisters to make the buttons rise during use. Continue reading Tactus Brings Shape-Shifting Touchscreen Buttons to iPads

Consortium Seeks Engineering Standards for Internet of Things

The Industrial Internet Consortium — which includes AT&T, Cisco, General Electric, IBM and Intel — said last week that it plans to develop engineering standards for the connection of objects, sensors and computing systems in large industrial assets, such as oil refineries, factories and harbors. The consortium aims to establish standards for how machines will share information and move data. The group also plans to publish case studies, conduct forums and cooperate on security practices. Continue reading Consortium Seeks Engineering Standards for Internet of Things

Foxconn and Former Android Exec Rubin Are Talking Robotics

Foxconn executives have been in talks about robotics with former Android executive Andy Rubin, specifically to discuss new robotic technologies and speed up deployment of robots in its factories. Rubin asked Foxconn Chairman Terry Gou to help integrate a tech company that’s being acquired by Google, which last year acquired eight other robotics companies. In the meeting, Gou was said to have expressed excitement over automation technologies demonstrated by Rubin. Continue reading Foxconn and Former Android Exec Rubin Are Talking Robotics