Samsung Strikes $16.5B Semiconductor Deal with Tesla Samsung has recently made headlines in the tech industry with its groundbreaking $16.5 billion semiconductor deal with Tesla. This monumental agreement entails Samsung securing a decade-long contract to manufacture cutting-edge semiconductors for the electric vehicle giant, Tesla. The deal not only signifies a significant financial win for Samsung […]
Amazon exit highlights deepening AI divide between US and China
Amazon Exit Highlights Deepening AI Divide Between US and China In the realm of artificial intelligence (AI), the relationship between the United States and China has always been complex. Both countries are at the forefront of AI development, with tech giants like Amazon and Alibaba leading the charge. However, recent events have shown a shift […]
Premium Body Care Line Uni Announces L’Oréal Investment, Ulta Beauty Entry
Premium Body Care Line Uni Announces L’Oréal Investment, Ulta Beauty Entry Uni, the premium body care line founded by Alexandra Keating, has recently made waves in the beauty industry with its latest announcement of a significant investment from L’Oréal’s venture capital arm BOLD. This strategic move not only highlights the potential and innovation behind Uni […]
Why is the world’s most powerful quantum computer being built in Denmark?
The World’s Most Powerful Quantum Computer: Why Denmark Leads the Way Quantum technology is becoming very important for both business and global power. In the last decade, significant strides have been made in the field of quantum computing, with countries and companies worldwide racing to achieve quantum supremacy. Among these contenders, Denmark has emerged as […]
xAI eyes data centre deal with Humain
AI Companies Scramble to Expand Data Centre Capacity: xAI Eyes Deal with Humain In the fast-paced world of artificial intelligence, companies are constantly seeking to expand their data centre capacity to keep up with the growing demands of processing vast amounts of data. One such company, xAI, is now in talks with Humain as they […]
Anglo’s Handling of De Beers Sale Irks Stakeholder Botswana
Anglo’s Handling of De Beers Sale Irks Stakeholder Botswana Botswana, a significant stakeholder in the diamond industry as a 15 percent owner of De Beers and the world’s largest diamond producer by value, is currently facing a situation that has left them feeling unsettled. The recent news of Anglo American’s potential sale of its stake […]
Coach-Owner Tapestry ups Stake in Recycled Leather Maker Gen Phoenix
Coach-Owner Tapestry Increases Investment in Recycled Leather Maker Gen Phoenix Coach-owner Tapestry, the American fashion powerhouse, has demonstrated its commitment to sustainability by upping its stake in the recycled leather maker, Gen Phoenix. This move comes as part of a substantial $15 million funding round, solidifying Tapestry’s position in the realm of eco-friendly fashion materials. […]
Meta and Turing Institute join forces for public sector AI tools
Meta and Turing Institute Join Forces for Public Sector AI Tools Meta, formerly known as Facebook, has recently made headlines by partnering with the prestigious Turing Institute to develop cutting-edge AI tools for the public sector. This collaboration marks a significant step forward in leveraging artificial intelligence for the greater good, with a strong focus […]
X CEO Yaccarino resigns as AI controversy and Musk’s influence grow
X CEO Yaccarino Resigns as AI Controversy and Musk’s Influence Grow In a surprising turn of events, X CEO Yaccarino has announced his resignation amidst a backdrop of escalating AI controversy and the growing influence of tech mogul Elon Musk. This decision comes at a critical juncture for the company, as Musk’s ambitious vision for […]
Google partners with UK government on AI training
Google Partners with UK Government on AI Training Google has taken a significant step towards supporting the advancement of artificial intelligence (AI) in the public sector by partnering with the UK government. The collaboration, specifically with Google DeepMind, aims to provide essential training and resources to government departments for the effective deployment of AI solutions. […]