South Korean SK Hynix Inc. is set to receive initial grants for $ 450 million and loans for $500 million for the implementation of a project to build an advanced chip packaging plant and a research facility in the US state of Indiana.
In today’s digital landscape, implementing a comprehensive cybersecurity strategy is crucial for organizations of all sizes to protect their networks and sensitive data from the ever-increasing threat of cyber attacks. Firewalls play a vital role in this strategy, serving as the first line of defense against malicious traffic and unauthorized access attempts. As a leading […]
Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.
IBM has added generative artificial intelligence capabilities to its managed threat detection and response services.
Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.
Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.
In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).
The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.
Apple has released information about the results of its operations in the third fiscal quarter.
Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]
Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.
Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.
Qualcomm on Wednesday, July 31, released information on the results of its operations for the third fiscal quarter.
Meta shares rose by about 7% on Wednesday, July 31, during extended trading after the technology giant released data on income and revenue figures for the second quarter of the current year, which exceeded Wall Street’s preliminary expectations, and announced its forecast for the present quarter, which turned out to be more optimistic compared with […]
Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]
In recent years, the fintech industry has exploded with innovation, and at the heart of this transformation lies the power of open-source tools. These resources have democratised access to cutting-edge technology and fostered collaboration and creativity among developers worldwide.
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