In the rapidly changing realm of global business, innovations in technology stand out as critical elements of competitiveness and sustainability. One notable instance is the surprising strides made by Chinese companies in GPU development. Recently showcased at an AI conference, these advancements underline a significant effort by China to break dependency on Western technology and […]
Driverless taxis are gaining traction in Wuhan, marking a significant shift in the urban transportation landscape. These autonomous vehicles promise efficiency, reduced emissions, and round-the-clock availability, appealing to tech-savvy citizens and businesses alike. However, this innovation is not without its controversies. Safety concerns are paramount, with skeptics questioning the reliability of AI-driven systems in complex […]
Elon Musk’s xAI and Oracle have hit a snag in their $10 billion server deal. The negotiations came to a standstill due to conflicting priorities from both tech giants. Musk’s xAI, known for its ambitious timelines and cutting-edge AI initiatives, faced hurdles in aligning with Oracle’s conservative approach to infrastructure investment. Oracle, a leader in […]
In today’s dynamic market, artificial intelligence (AI) is reshaping financial services, creating a paradigm shift towards more personalized and efficient operations. Ankur Pal from Aplazo underscores the vital role AI plays in these transformations. AI’s capacity for data analysis allows financial institutions to craft tailored products for individual clients. Personalized offerings not only enhance customer […]
In today’s rapid business landscape, staying ahead of the curve is crucial. Tech Mahindra, a prominent name in the IT solutions sector, has recently teamed up with Microsoft to drive workplace innovation through AI. This collaboration is primed to enhance productivity and streamline processes for more than 1,200 customers and 10,000 employees by leveraging Microsoft’s […]
Puig will join Spain’s blue-chip equities index on July 22, the stock market’s advisory committee said on Tuesday, just over two months after the cosmetics company completed the country’s biggest initial public offering in nearly a decade. Puig will replace Melia Hotels in the IBEX 35 index. Puig’s share price has risen more than 3 […]
Navigating the complex landscape of modern banking requires a keen focus on operational resilience. The Basel Committee on Banking Supervision has recently unveiled a new set of principles aimed at reducing risks from third-party tech firms. These guidelines come in response to rising cyberattacks that pose significant threats to financial institutions globally. The principles stress […]
In a significant leap forward for digital payments, Alipay has introduced a tap-and-pay feature in China. This innovative service allows users to complete transactions effortlessly by tapping their smartphones on a merchant’s USB device. The feature is progressively being implemented in major cities like Shanghai, Chengdu, Wuhan, and Hangzhou, connecting over 2,300 brands and merchants. […]
Microsoft has taken a significant step by stepping down from the OpenAI board. This decision comes amid increasing regulatory scrutiny from antitrust watchdogs in Europe, the UK, and the US. The concern is primarily focused on Microsoft’s potential influence over OpenAI. Microsoft has been a strategic partner for OpenAI, providing not just financial backing but […]
The latest advancements from CERN’s CMS experiment signify a groundbreaking milestone in precision physics. Aleko Khukhunaishvili, from CERN, has highlighted critical developments that could revolutionize our understanding of the universe’s fundamental particles. The Compact Muon Solenoid (CMS) is a general-purpose detector at the Large Hadron Collider (LHC) known for its role in the discovery of […]
