Latest Consumer Tech News You Need to Know from Last Week: Apple (NASDAQ:AAPL) and Dell Technologies (NYSE:DELL) (May 19-May 25)

The European Council has given the final nod to the Artificial Intelligence (AI) Act, a pioneering law that will establish global standards for AI regulation. This move is set to shape the future of AI technology and its applications worldwide.

In other news, South Korea has announced a 26 trillion won ($19 billion) support package to keep its semiconductor sector competitive. This investment is crucial for maintaining South Korea’s position as a leader in the semiconductor industry.

Meanwhile, Taiwan’s confidence in Taiwan Semiconductor Manufacturing Co. (TSMC) remains strong, despite growing threats from China. The new minister of science and technology in Taiwan is optimistic about TSMC’s ability to protect its advanced technology as it expands overseas.

China’s Tencent and iFlytek have cut prices on their large-language models (LLMs), signaling a shift in the AI market. This move could have significant implications for the AI industry in China and beyond.

In the gaming world, Microsoft has teased the release of “Call of Duty 6,” generating excitement among gamers. Additionally, Sony is developing a PlayStation mobile platform to tap into the lucrative mobile gaming market.

Overall, these developments in the AI, semiconductor, and gaming industries highlight the ongoing technological advancements and innovations shaping the future of various sectors. Stay tuned for more updates on these evolving industries.