French Alternative to Stargate AI Secures $112B
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
News - page 21
Saudi Arabia Announces $14.9B AI Investment
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
ACI and Banfico Team to Tackle APP Fraud
The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.
Oracle Adds New AI Features to Financial Software
Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.
Qualcomm Tops Estimates for Earnings
Qualcomm last Wednesday, February 5, released information about its financial results for the first quarter of fiscal 2025, which exceeded preliminary expectations.
Mistral AI Rolls Out App
French startup Mistral AI, backed by Nvidia, on Thursday, February 6, rolled out a new app for its generative artificial intelligence software.
Amazon Reportedly to Introduce GenAI-Powered Alexa in February
The media published information according to which this month Amazon will introduce a new version of its voice assistant Alexa.
Amazon Reports Earnings
Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.
Bank of England Cuts Interest Rates
Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.
Bank of England Reportedly to Resume Rate Cuts
Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.
Google Says About Prospects of Commercial Quantum Computing Apps
Google plans to release commercial quantum computing apps within the next five years.
Google Opens Its Most Powerful AI Models to Everyone
Google on Wednesday, February 5, released Gemini 2.0, its most capable suite of artificial intelligence models.
Alphabet Shares Demonstrate Decline on Revenue Miss
On Wednesday, February 5, the value of shares of one of the world’s largest technology giants, Alphabet, showed a drop of more than 7% after this company, which owns Google, published information about its earnings for the fourth quarter of 2024, which fell short of Wall Street’s preliminary expectations and announced large-scale spending plans for […]
AMD Reports Earnings
Advanced Micro Devices (AMD) last Tuesday, February 4, published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations.
Cashfree Payments Secures $53M to Boost Market Reach
The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.
Chinese Tech Firms Integrate DeepSeek LLM
Chinese AI startup DeepSeek is rapidly being adopted among domestic tech firms, particularly in the cloud services and semiconductor sectors.
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