Microsoft and G42 Announce Geothermal Data Center in Kenya
Microsoft and G42, a leading AI company in the United Arab Emirates, have joined forces to implement a project that involves the construction of a geothermal-powered data center in Kenya.
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Wall Street Provides Financing Deals Backed by AI Chips
Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.
UK Regulators Fine Citi
In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.
Fed’s Christopher Waller Says About Conditions for Lowering of Interest Rates
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
Nvidia and Kyndryl to Help Businesses Implement GenAI
Kyndryl has teamed up with Nvidia to provide technology and services to businesses that seek to implement solutions based on generative artificial intelligence.
DoorDash Scales Ulta Partnership to All 50 States
DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.
REDEX & TNBX to Support Malaysia Green Attribute Trading System (mGATS) Platform
REDEX will form an exclusive partnership with TNBX to support the development of the Malaysia Green Attribute Trading System (mGATS) into the digital trading platform for Malaysia Renewable Energy Certificates (mRECs).
Microsoft Presents Copilot+ PCs
Last Monday, May 20, Microsoft presented a new category of personal computers with artificial intelligence functions.
Discovermarket Insurtech Launches New Services in Philippines
discovermarket starts its operations in the Philippines by partnering with Globe Telecom to launch its embedded Personal Cyber Insurance product.
IBM Makes More Open-Source AI Models
International Business Machines (IBM) on Tuesday, May 21, announced its intention to release a new family of artificial intelligence models in the form of open-source software.
Red Lobster Files for Bankruptcy
Brand Red Lobster, which activities provided middle-class representatives in the United States with access to shrimps and lobsters, has declared bankruptcy.
Microsoft to Unveil Its Vision for AI PCs at Build Developer Conference
On Tuesday, May 21, the Microsoft Build developer conference will begin, during which the technology giant based in Redmond, Washington, will demonstrate its latest projects in the area of artificial intelligence after high-profile events of a similar purpose already held this month by Google and OpenAI.
UK Seeks to More Transparency Into AI Models
The media reports that local authorities in the United Kingdom are currently working to increase the transparency of the training process by technology companies of their artificial intelligence models.
China’s Capital Outflow Demonstrates Growth
In April, China recorded an increase in the tendency of capital outflows.
Tala Kenya Digital Lender Plans to Diversify Product Portfolio With a Savings Offering
The new saving product targets Tala Kenya’s existing pool of 3.5 million customers, helping the company’s transition from a digital lender to a full-scale financial provider.
China Consumers Face Growing Utility Costs
In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]
