Report: Advent International Considers Selling Parfums de Marly Advent International, a prominent private equity firm, is reportedly in the preliminary stages of discussing the sale of Parfums de Marly, a renowned French fragrance brand. The potential transaction is said to be valued at around $2 billion, as per a report published in the Financial Times. […]
Sodium-ion battery breakthrough boosts energy storage and turns seawater drinkable
Sodium-ion Battery Breakthrough Boosts Energy Storage and Turns Seawater Drinkable A drop of water is changing battery science. Scientists at the University of Surrey have made a significant breakthrough in energy storage technology by developing a sodium-ion battery that not only promises to revolutionize the way we store energy but also has the potential to […]
Startup raises $9m to orchestrate Gulf digital infrastructure
“1001 AI Secures $9 Million Investment to Revolutionize Gulf Digital Infrastructure” In the fast-paced world of technology, startups are constantly pushing boundaries and redefining possibilities. One such trailblazer is 1001 AI, a startup founded by Bilal Abu-Ghazaleh, who previously spearheaded GenAI operations at Scale AI. The company recently made headlines by securing a substantial $9 […]
UK regulator outlines roadmap for tokenised funds
UK Regulator Outlines Roadmap for Tokenised Funds The landscape of investment is constantly evolving, and tokenisation is at the forefront of this transformation. Tokenisation, the process of converting rights to an asset into a digital token on a blockchain, is set to revolutionize the way funds are managed and invested in. Recently, the UK regulator […]
India’s AI infrastructure gets a $15bn lift from Google
India’s AI Infrastructure Receives a $15 Billion Boost from Google Google has recently made a groundbreaking announcement that is set to revolutionize India’s artificial intelligence (AI) infrastructure. The tech giant is investing a staggering $15 billion to develop gigawatt-scale infrastructure on India’s east coast, bringing Google’s renowned global standards for performance, reliability, and security to […]
Chinese university startup’s new AI platform translates text to sign language for deaf
Chinese University Startup’s AI Platform Translates Text to Sign Language for Deaf While China’s AI sector continues to accelerate, driving economic growth and reshaping entire industries, a notable breakthrough has emerged from a Chinese university startup. This innovative venture has developed an AI platform that translates text into sign language, specifically designed to cater to […]
Bulgaria eyes AI gigafactory partnership with IBM
Bulgaria Eyes AI Gigafactory Partnership with IBM Bulgaria, a country known for its rich history and picturesque landscapes, is now setting its sights on the future of technology. With a bold move towards artificial intelligence, Bulgaria is looking to establish a groundbreaking partnership with tech giant IBM to build an AI gigafactory. This ambitious project […]
DualEntry raises $90m to scale AI-first ERP platform
DualEntry Raises $90M to Scale AI-First ERP Platform In the realm of business operations, the importance of efficient and accurate accounting workflows cannot be overstated. For decades, companies have relied on traditional Enterprise Resource Planning (ERP) systems to manage their financial data and processes. However, with the rapid advancement of technology, there is a growing […]
Swiss Offer Trump Sweetener on Gold to Get Better Tariff Deal
Swiss Proposal to Boost US Gold Refining Industry in Exchange for Tariff Reduction In the realm of international trade negotiations, creative solutions often emerge as countries seek to find common ground on thorny issues. The latest development in this arena comes from Switzerland, a country renowned for its precision, neutrality, and financial acumen. In a […]
OpenAI, Oracle and SoftBank expand Stargate with new US data centres
OpenAI, Oracle, and SoftBank have made a significant stride in the realm of artificial intelligence with the expansion of Stargate through the establishment of new data centers in the United States. The Stargate initiative, which focuses on enhancing AI infrastructure in the US, has garnered immense attention due to its innovative approach and ambitious goals. […]