Science & Technology

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Microsoft Reports Quarterly Earnings

Microsoft has released data on its financial results for the last fiscal quarter, which exceeded analysts’ preliminary expectations.

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CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel

The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.

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Alphabet’s Value Exceeds $2 Trillion Mark

The market capitalization indicator of Alphabet Inc. on Friday, April 26, significantly exceeded the historical mark of $2 trillion.

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Elon Musk’s xAI Reportedly Close to Raising $6 Billion

The media reports that Elon Musk’s startup xAI, which operates in the sphere of artificial intelligence, is close to raising funds for $6 billion from investors.

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Intel Shares Fall Due to Weak PC Chip Demand

Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.

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Nvidia to Acquire Israeli Startup Run:ai

AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.

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Amazon to Invest $11 Billion in Indiana

Amazon.com ‘s cloud computing unit has announced plans to invest $11 billion in projects to build data centers in Indiana.

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Microsoft-Backed Rubrik Shares Increase 25%

Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.

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Meta’s Stock Declines on AI Spending Plans

On Thursday, April 25, at the premarket, the price of Meta shares showed a drop in the dynamic amid news about the intention of this technology giant to switch to a strategy of so-called aggressive investment in the artificial intelligence industry, which investors treat with extreme caution and significant concerns.

Articles

Dynamically Growing Payment Gateways in Egypt 2024

In the bustling marketplaces and sprawling urban centers of Egypt, payment gateways, which serve as secure intermediaries for online transactions between companies and their customers, have become an indispensable tool. Their vital role is primarily due to their inherent ability to deter fraudulent activities and ensure that transactions are conducted smoothly and efficiently.

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SK Hynix Plans Chip Production Expansion

SK Hynix Inc. intends to spend about $14.6 billion on the construction of a complex for the production of memory chips in South Korea.

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SoftBank Reportedly to Invest Nearly $1 Billion in AI Push

The Japanese technology conglomerate SoftBank intends to develop a generative artificial intelligence model for the Japanese language.

News

Apple Announces Plans for Special Event on May

Apple Inc. announced its intention to hold a special event on May 7.

Articles

The Role of Financial Technology in Enhancing Supply Chain Efficiency

In today’s rapidly evolving business landscape, the synergy between financial technology (fintech) and supply chain management is becoming increasingly vital.

Articles

Understanding Plastic Eye Surgery: Exploring the Right Timing for Cosmetic Enhancements

In cosmetic procedures, plastic eye surgery is a popular choice for individuals seeking to enhance the aesthetics of their eyes. These procedures offer various benefits, from addressing sagging eyelids to reshaping the brow area.

Articles

Exploring the Technological and Mechanical Features of eSIM Technology

In the ever-evolving landscape of telecommunications, eSIM technology stands out as a beacon of innovation, offering unparalleled convenience, flexibility, and efficiency in connectivity management.

Science & Technology