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).
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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.
Apple Revenue Tops Forecasts
Apple has released information about the results of its operations in the third fiscal quarter.
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 […]
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.
AMD Posts Revenue Rise
Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.
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 […]
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.
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.
OpenAI Launches Voice Assistant
OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.
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.
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.
SK Hynix to Build Chip Plant in South Korea
SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.
UK Startup Fractile Raises $15 Million
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
Amazon Partners With Girl Scouts to Promote Diversity in STEM Careers
The current generation of Girl Scouts will soon enter the labour market, so Amazon hosts exclusive tours to showcase to youth the importance and diversity of careers in STEM.
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