OpenAI and Microsoft’s collaboration is near breaking point In the realm of artificial intelligence, collaborations between tech giants often promise groundbreaking advancements and innovative solutions. However, recent reports suggest that the partnership between OpenAI and Microsoft is on the brink of dissolution, raising concerns within the tech community about the future of AI development. Microsoft, […]
Swiss Watch Exports Slump in May as US Tariffs Shake Market
Swiss Watch Exports Experience a Downturn in May Amidst US Tariffs Turmoil Switzerland, renowned for its precision and luxury in watchmaking, has recently faced a significant setback in its watch export industry. The latest reports reveal a slump in Swiss watch exports in May, with a notable decline in shipments to the United States, the […]
Eytys Is Back From Bankruptcy
Eytys Is Back From Bankruptcy After facing financial turmoil, the cult Swedish label Eytys is making a triumphant comeback, thanks to the strategic moves of Max Schiller. Schiller, the mastermind behind the brand’s revival, has successfully navigated the company out of bankruptcy by securing a crucial partnership with his brother, Mikael Schiller, co-owner of the […]
UAE AI megaproject faces US chip export concerns
UAE AI Megaproject Faces US Chip Export Concerns The United Arab Emirates has been making significant strides in the field of artificial intelligence, positioning itself as a global hub for innovation and technological advancement. However, a major AI megaproject in the UAE is now facing delays due to US national security concerns surrounding the export […]
SoftBank and Intel develop low-power memory for AI data centres
SoftBank and Intel Collaborate to Develop Low-Power Memory for AI Data Centers In a world where artificial intelligence (AI) is becoming increasingly prevalent in various industries, the demand for efficient AI hardware is soaring. SoftBank and Intel have recognized this need and have joined forces to work on a groundbreaking project aimed at developing next-generation […]
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto Italian luxury fashion house Prada has made a strategic move by acquiring a 10% stake in the renowned Italian Leather Group Rino Mastrotto. This acquisition marks a significant milestone in the fashion industry, showcasing Prada’s commitment to expanding its presence in the high-end leather market. […]
Recycled Nissan EV batteries get second life powering Italy’s largest airport
Recycled Nissan EV batteries get second life powering Italy’s largest airport Italy’s largest and busiest airport has integrated a total of 162 recycled Nissan Leaf batteries into its power grid, marking a significant step towards sustainable energy solutions. This innovative initiative not only showcases the potential for second-life applications of electric vehicle (EV) batteries but […]
The Debrief | Why Hailey Bieber Won the Celebrity Beauty Lottery
The Debrief | Why Hailey Bieber Won the Celebrity Beauty Lottery In the ever-competitive world of celebrity-endorsed beauty brands, standing out from the crowd is no easy feat. However, Hailey Bieber seems to have hit the jackpot in the so-called “celebrity beauty lottery” with her involvement in Rhode, a brand recently acquired by E.l.f. Beauty […]
Salesforce turns to Google Cloud in AI race
Salesforce Boosts AI Capabilities with Google Cloud Partnership In the fiercely competitive realm of artificial intelligence (AI), tech giants are constantly seeking innovative ways to stay ahead of the curve. Salesforce, a leading provider of customer relationship management (CRM) solutions, has recently made a strategic move to leverage the power of Google Cloud in its […]
E.l.f. Acquires Hailey Bieber’s Rhode for $1 Billion
E.l.f. Acquires Hailey Bieber’s Rhode for $1 Billion E.l.f. Cosmetics, the renowned beauty brand recognized for its high-quality products at affordable prices, has made a groundbreaking move by acquiring Rhode, the beauty brand founded by supermodel Hailey Bieber, for a staggering $1 billion. The acquisition marks a significant milestone for both brands and the beauty […]