Seoul, July 30 (IANS) SK hynix, the world’s second-largest memory chip maker, said on Tuesday it plans to begin full-fledged production of its next-generation GDDR7 graphics memory chip in the third quarter.

The company said the GDDR7 boasts industry-leading qualities, with an operating speed of 32 gigabits per second, a 60 percent improvement from the previous generation.

When adopted for high-end graphics cards, the product can process data of more than 1.5 terabytes, equivalent to around 300 full-HD movies, in a second, reports Yonhap news agency.

The new chip also comes with improved power efficiency, by more than 50 percent compared with the previous generation, by adopting new packaging technology that addresses heat issues resulting from its ultra-fast data processing.

Lee Sang-kwon, head of the DRAM product planning division at SK hynix, said that GDDR7 is expected to be adopted by a wider range of applications, such as high-specification 3D graphics, AI, high-performance computing and autonomous driving.

“We will continue to work toward enhancing our position as the most trusted AI memory solution provider by strengthening the premium memory lineup further,” Lee said.

Meanwhile, SK Group will secure 80 trillion won ($58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors.

SK Telecom, the country’s leading wireless services providers, and telecommunications firm SK Broadband will invest 3.4 trillion won in establishing AI data centres by 2028, it said.

–IANS

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New Delhi, July 29 (IANS) Japanese scientists on Monday revealed an association between cord blood fatty acid metabolites and autism spectrum disorder symptoms in children.

Autism spectrum disorder (ASD) is a neurodevelopmental disorder that affects the learning capability and social behaviour of people.

While the exact causes of ASD remain unclear, evidence points to neuroinflammation as a major risk factor.

Several mice studies have linked polyunsaturated fatty acids (PUFA) and their metabolites during pregnancy with ASD risk.

PUFA metabolites regulated by the cytochrome P450 (CYP) affect foetal development in mice causing impairments closely linked to ASD symptoms. However, it is still unclear if the same is true for humans and needs further investigation.

The team from the University of Fukui in Japan hypothesised that the dynamics of CYP-PUFA metabolites during the foetal period would influence ASD symptoms and difficulties with daily functioning in children after birth.

“CYP metabolism forms both epoxy fatty acids (EpFAs), which have anti-inflammatory effects, and dihydroxy fatty acids, or ‘diols,’ which have inflammatory properties,” Professor Hideo Matsuzaki from the Research Center for Child Mental Development, University of Fukui.

The study, published in the journal Psychiatry and Clinical Neurosciences, analysed the CYP-PUFA levels in 200 neonatal umbilical cord blood samples. They identified one compound in cord blood with strong implications for ASD severity, namely 11,12- dihydroxyeicosatrienoic acids (diHETrE).

“The levels of diHETrE — an arachidonic acid-derived diol — in cord blood at birth significantly impacted subsequent ASD symptoms in children and were also associated with impaired adaptive functioning,” Matsuzaki said, adding that inhibiting diHETrE metabolism during pregnancy might be a promising avenue for preventing ASD traits in children, although more research will be needed in this regard.

–IANS

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New Delhi, July 29 (IANS) Ola Electric on Monday said that allegations made by CE Info Systems Ltd, the parent company of MapMyIndia, in a legal notice against the EV firm are false and misleading.

In the legal notice, CE Info Systems alleged that Bhavish Aggarwal-led Ola Electric copied its data to launch its own mapping service in India.

The news about legal notice against Ola Electric came as the EV firm geared up for its much-anticipated IPO on August 2.

In a statement, the company said it wishes to address the recent claims made by CE Info Systems in relation to the alleged issues with Ola Maps vis-a-vis MapMyIndia. “We would like to state unequivocally that these allegations are false, malicious and misleading. Ola Electric stands by the integrity of its business practices. We will suitably respond to the notice shortly,” said an Ola Electric spokesperson.

In the legal notice, MapMyIndia claimed that Ola Electric breached the license agreement. In 2022, Ola Electric had onboarded MapMyIndia to offer navigation services for its S1 Pro electric scooter.

When reached, MapMyIndia declined to comment.

–IANS

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New Delhi, July 29 (IANS) Gautam Adani, Chairman of the Adani Group, on Monday had an “insightful meeting” with FedEx CEO Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics company.

In a post on X, Gautam Adani appreciated Subramaniam for visiting Mundra to see the Group’s world-class Port and Special Economic Zone (SEZ).

“Proud to see an Indian at the helm of a top company revolutionising global logistics through digital innovation,” said the Adani Group Chairman.

Gautam Adani further said that the FedEx CEO’s vision is truly inspiring, adding that he is “excited for future collaborations”.

Subramaniam said recently that India is a key market for the company as its GDP continues to grow amid robust talent and digital transformation. FedEx recently launched its advanced capability community in India that will serve as a hub for the company’s technological and digital innovation.

–IANS

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Mumbai, July 29 (IANS) India is leading the global digital revolution, emerging as a frontrunner on the back of its robust digital public infrastructure, a vibrant financial technology (FinTech) ecosystem, and a conducive policy environment to emerge as the fastest-growing digital economy in the world, according to the RBI Report on Currency and Finance (2023-24) released on Monday.

Globally, India ranks first in biometric-based identification (Aadhaar) and real-time payments volume, second in telecom subscribers, and third in terms of the startup ecosystem, the report points out.

The flagship Unified Payments Interface (UPI) has revolutionised the retail payment experience for end users, making transactions faster and more convenient.

In the digital currency arena, the Reserve Bank is at the forefront with pilot runs of the e-rupee, the central bank digital currency (CBDC).

The digital lending ecosystem is becoming vibrant with initiatives such as the Open Credit Enablement Network, the Open Network for Digital Commerce, and the Public Tech Platform for Frictionless Credit.

FinTechs are collaborating with banks and non-banking financial companies (NBFCs) as lending service providers. They are also operating platforms to facilitate digital credit.

BigTechs are backing payment apps and lending products as third-party service providers.

Digitalisation in finance is paving the way for next-generation banking, improving access to financial services at affordable costs, and enhancing the impact of direct benefit transfers by the effective targeting of beneficiaries in a cost-efficient manner. Loans in the retail segment are being enabled by online payments and innovative credit assessment models with instant disbursements.

E-commerce is being boosted through embedded finance.

All these innovations are making financial markets more efficient and integrated, the report points out.

On the external front, digitalisation is driving growth in India’s services exports and lowering remittance costs. India’s digital journey is setting a benchmark for peer economies.

The Reserve Bank’s initiatives for internationalisation of home-grown payment modes, cross-border fast payment network linkages, and knowledge and experience sharing with peers are energising the transformation of its digital public infrastructure as a global public good.

At the same time, digital technologies also present challenges related to cybersecurity, data privacy, vendor and third-party risks. Emerging technologies can introduce complex products and business models with risks that users may not fully understand, including the proliferation of fraudulent apps and mis-selling through dark patterns. Balancing financial stability, customer protection, and competition while supporting an environment congenial for innovations is the key policy challenge, the report states.

The report finds empirical support for the positive role of the regulatory framework in increasing the confidence of consumers in digital financial products, boosting operating and technical efficiencies of financial institutions and engendering more liquid and integrated financial markets.

–IANS

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