Intel Corporation is bracing for its most significant revenue decline in five quarters, indicating a troubling trend for the tech giant known for its dominance in the semiconductor industry. The anticipated eight percent drop in revenue, down to approximately $13.02 billion, highlights the challenges the company faces in maintaining its market position, especially amid the […]
New Google AI Aims to Automate Browsing
In an age where convenience drives consumer behavior, Google is set to unveil an innovative AI system capable of automating web browsing tasks. This groundbreaking project, referred to internally as “Project Jarvis,” promises to simplify everyday activities such as shopping and research, with a demonstration slated for December alongside the launch of Google’s Gemini large […]
Schneider Expands Data Centre Offerings with $850 Million Deal
Schneider Electric, a global leader in energy management and automation, has recently unveiled a significant strategy shift with its announcement of an $850 million acquisition of a 75% stake in Motivair Corp. This U.S.-based company specializes in liquid cooling solutions tailored for high-performance computing. This all-cash deal is set to be completed in the forthcoming […]
CVS Ousts CEO Karen Lynch
In a significant shakeup within the American healthcare industry, CVS Health has appointed David Joyner as its new chief executive officer, effectively ending Karen Lynch’s tumultuous leadership. This transition reflects mounting financial challenges and growing unrest among shareholders, stemming from struggles within the company that have recently come to light. Joyner, a seasoned executive at […]
Innovative Wearable Technology: A New Frontier in Combating Drug Addiction
In a bold move aimed at tackling the pressing issue of drug addiction, the UK government has allocated a significant £12 million to research innovative wearable technologies that support individuals grappling with substance abuse. This funding is not just a monetary commitment; it represents an acknowledgment of the critical role technology can play in preventing […]
AI Breakthrough in Action Detection Technology
In recent advancements at the University of Virginia’s School of Engineering and Applied Science, researchers have developed an innovative AI-driven intelligent video analyser capable of sophisticated action detection. This groundbreaking system, known as the Semantic and Motion-Aware Spatiotemporal Transformer Network (SMAST), is set to revolutionize various industries by enhancing public safety, improving healthcare diagnostics, and […]