In a decisive move aimed at bolstering its technology sector, the European Union (EU) has announced a substantial investment of €1.4 billion towards deep tech development for the year 2025. This funding, which represents an increase of €200 million from last year, will be channeled through the European Innovation Council (EIC) under the Horizon Europe […]
New AI Assistant from Narada Promises Efficiency Across Work Apps
Narada AI, a promising startup emerging from two years of development, has introduced its innovative AI assistant at the prestigious TechCrunch Disrupt 2024 event. Unlike conventional AI chatbots that merely respond to queries, Narada’s solution provides a transformative tool that actively performs tasks across various workplace applications. This advancement in workplace productivity stems from a […]
Musk's Vision: The Rise of Humanoid Robots by 2040
Elon Musk, the CEO of Tesla and SpaceX, recently unveiled an ambitious plan to integrate humanoid robots into daily life. During the Future Investment Initiative in Riyadh, Musk projected that by 2040, there could be as many as 10 billion humanoid robots in operation worldwide. These robots are expected to be priced between $20,000 and […]
AMD Faces Market Dip Amid Production Constraints
AMD is currently navigating a challenging landscape, marked by an unexpected decline in its stock value, which dropped by 8% on a recent Wednesday. This downturn comes in the wake of a revenue forecast that fell short of expectations, despite the company benefiting from the booming demand for AI-driven chips. While AMD’s AI chip sales […]
Nubank Sets Its Sights on Telecom Services in Brazil
Nubank, renowned for its innovative digital financial services, is poised to make a significant leap into the telecommunications sector in Brazil. This strategic move not only highlights Nubank’s ambition to diversify its services but also reflects the growing trend among fintech companies to integrate broader offerings to enhance customer experience. With a staggering customer base […]
Google Holds Back on Project Astra Launch: What’s Next for AI Development?
In a significant shift in its timeline, Google has announced the postponement of its highly anticipated Project Astra until at least 2025. During the company’s recent Q3 earnings call, CEO Sundar Pichai detailed the ongoing challenges that have delayed the launch of these next-generation AI agents, which aim to enhance the way artificial intelligence interacts […]
China-linked Hackers Allegedly Target US Telecom, Involving High-profile Figures
Recent reports indicate that a sophisticated hacking group, identified as “Salt Typhoon,” has successfully infiltrated telecommunications systems within the United States. This alarming security breach has raised significant concerns, particularly because it reportedly targeted high-profile figures associated with recent U.S. administrations. Notably, individuals affected include Eric Trump, son of former President Donald Trump, his son-in-law […]
LinkedIn Introduces AI Hiring Assistant: A New Era for Recruiters
In the competitive world of recruitment, efficiency is key. LinkedIn has recognized this need and has launched its latest innovation, the Hiring Assistant, aimed at streamlining the recruitment process for its users. This tool represents a significant advancement in how recruiters conduct their roles, aligning with the growing trend of integrating artificial intelligence into everyday […]
Aesthetic App Links Social Trends with Fashion Shopping
In an era where social media influences nearly every aspect of life, Aesthetic is set to revolutionize the fashion industry. The newly launched app, powered by artificial intelligence, aims to transform how consumers shop for clothing seen in social media posts. It is designed to bridge the gap between online trends and consumer purchasing, effectively […]
Morocco and France Launch Satellite Partnership for Pan-African Connectivity
In a significant development aimed at enhancing digital connectivity across Africa, Morocco and France have established a satellite partnership through the signing of a memorandum of understanding (MoU) between Morocco’s Panafsat and Thales Alenia Space. This collaborative venture is poised to build a high-capacity satellite telecommunications system that will extend internet access to 26 African […]