Science & Technology - page 32

Articles

What Are The 3 Main Advantages Of Using Firewalls?

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 […]

Fintech & Ecommerce

Lloyds Hires AWS Exec to Lead AI and Analytics Division

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.

News

AI Chip Startup Groq Reaches $2.8 Billion Valuation

Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.

News

Xpeng Raises $150M for Its Flying Car Project

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.

News

UK Cancels $1.7 Billion of Computing Projects

In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).

News

Threads Crosses 200 Million Active Users

The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.

News

Apple Revenue Tops Forecasts

Apple has released information about the results of its operations in the third fiscal quarter.

News

Intel Shares Fall Amid Disappointing Earnings

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 […]

News

Contextual AI Raises $80 Million

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.

News

AMD Posts Revenue Rise

Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.

Articles

How to Safeguard Financial Institutions From Malicious AI Use

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 […]

Articles

The Benefits of Open Source Tools in Developing Fintech Apps

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.

News

Virtual Companion Now on Your Neck With a Friend AI Necklace

The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.

News

OpenAI Launches Voice Assistant

OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.

News

Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028

Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.

News

Apple Releases First Version of Suite of AI Features

On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.

Science & Technology