Hong Kong Accelerates Tech Hub Plan with China Despite recent signs of recovery, Hong Kong’s economy is facing a myriad of challenges, from falling home prices to rising unemployment rates and fiscal constraints. In light of these pressing issues, the government has set its sights on prioritizing technology investment as a means to drive growth […]
US to build ‘historic’ 6,000-megawatt nuclear plant powering 4.5 million homes
US to Build ‘Historic’ 6,000-Megawatt Nuclear Plant Powering 4.5 Million Homes The Tennessee Valley Authority (TVA) has entered into an agreement with ENTRA1 Energy to develop up to 6,000 megawatts of nuclear power capacity in the United States. This groundbreaking project aims to provide clean and reliable energy to approximately 4.5 million homes, marking a […]
South Korea to sharply increase spending to power AI-based growth
South Korea to Boost AI Spending for Economic Growth In a bid to stimulate economic growth and foster innovation, South Korea is set to significantly increase its spending on artificial intelligence (AI). With the country’s economy facing pressure, the government in Seoul has put forth a bold proposal to allocate a substantial budget of 728 […]
Europe’s first 300 MW small nuclear power plant to be built in Poland
Europe’s first 300 MW small nuclear power plant to be built in Poland Poland is preparing to lead Europe in a new era of clean energy. State-run energy companies PGE and PGNiG have joined forces to construct Europe’s first 300 MW small modular reactor (SMR) nuclear power plant. This groundbreaking project marks a significant milestone […]
Denmark secures EU approval for €626m forest planting scheme
Denmark’s Bold Move: Securing EU Approval for €626m Forest Planting Scheme In a groundbreaking move towards environmental sustainability, Denmark has successfully secured €626 million in EU funding for a visionary forest planting scheme. The primary goal of this initiative is to enhance biodiversity, mitigate climate change by capturing carbon, and transform existing farmland into lush […]
South Korea unveils five-year AI blueprint for ‘super-innovation economy’
South Korea’s Ambitious Plan: Investing $71 Billion in AI to Foster ‘Super-Innovation Economy’ South Korea, known for its technological advancements and innovative strategies, is set to embark on a transformative journey towards establishing a ‘super-innovation economy’ powered by artificial intelligence (AI). The East Asian nation has recently unveiled an ambitious five-year blueprint that outlines a […]
Japan pledges billions and AI training to Africa
Japan’s Billion Dollar Commitment: Revolutionizing Africa with AI Training In a groundbreaking move to strengthen its relationship with African nations, Japan has pledged billions towards the training of over 30,000 AI experts. This initiative marks a significant step towards harnessing the power of artificial intelligence to drive innovation and economic growth across the continent. The […]
Gamescom showcases EU support for cultural and digital innovation
Gamescom Showcases EU Support for Cultural and Digital Innovation The European Commission’s recent engagement with video game professionals at Gamescom has shed light on the continent’s burgeoning support for cultural and digital innovation. This move not only underscores the EU’s commitment to fostering growth and competitiveness in the gaming industry but also highlights the pivotal […]
AfDB backs AI training to drive Africa’s Agenda 2063
AfDB Supports AI Training to Boost Africa’s Agenda 2063 Goals The African Development Bank (AfDB) is taking a proactive approach towards driving the continent towards the realization of its Agenda 2063 goals. In a bid to harness the power of artificial intelligence (AI) and propel Africa towards sustainable development, AfDB has thrown its weight behind […]
Malaysia and Huawei drive AI workforce training push
Malaysia and Huawei Drive AI Workforce Training Push In a bid to bolster Malaysia’s workforce in the field of Artificial Intelligence (AI), tech giant Huawei has announced a groundbreaking initiative to train 30,000 Malaysians in AI technologies. This strategic move is aligned with Malaysia’s national cloud policy, aiming to upskill and reskill the workforce to […]