“Trump Revives ‘Beautiful Coal’ to Power Energy-Hungry US Data Centers and EVs” U.S. President Donald Trump signed four executive orders on Tuesday that aim to revive the coal industry, emphasizing its importance in powering energy-hungry sectors such as data centers and electric vehicles (EVs). Despite the global shift towards renewable energy sources, Trump’s administration is […]
Fifty years of Microsoft in the AI era
Fifty Years of Microsoft in the AI Era Half a century after its founding, Microsoft is leaning into artificial intelligence to shape its next chapter, aiming to stay ahead in a rapidly evolving tech market. This move comes as no surprise, considering the company’s long-standing commitment to innovation and its track record of adapting to […]
SAP reaches $340 billion market cap, leading European companies
SAP’s Soaring Success: A Testament to Europe’s Tech Influence SAP, the German multinational software corporation, has recently achieved a remarkable milestone in the business world by reaching a staggering $340 billion market capitalization. This significant achievement not only solidifies SAP’s position as a leader in the tech industry but also underscores the increasing influence of […]
Microsoft backs renewables but acknowledges role of natural gas
AI and Cloud Expansion: Microsoft Backs Renewables but Acknowledges Role of Natural Gas In the ever-changing landscape of technology, the rapid expansion of artificial intelligence (AI) and cloud computing has led to a surge in energy consumption. Companies at the forefront of this digital revolution, like Microsoft, are increasingly under the spotlight to address concerns […]
Meta eyes $35 billion data centre financing
Meta Eyes $35 Billion Data Centre Financing to Meet AI Infrastructure Demand Meta, formerly known as Facebook, has recently made waves in the tech industry with its ambitious plans to invest $35 billion in data center financing. This substantial investment is strategically aimed at meeting the surging demand for AI infrastructure, reflecting Meta’s commitment to […]
New open-source AI model from Alibaba enters the market
Alibaba’s Massive Investment in AI: Introducing the New Open-Source AI Model Alibaba, the Chinese multinational technology conglomerate, is making significant waves in the tech industry with its latest announcement of investing a whopping 380 billion yuan ($52 billion) over the next three years in cloud computing and AI development. This substantial investment underscores Alibaba’s commitment […]
US utilities boost spending to meet surging AI energy demand
US Utilities Increase Spending to Meet Surging AI Energy Demand Utility companies in the United States are facing a significant challenge as AI and cloud computing firms continue to ramp up their demand for electricity. The surge in artificial intelligence technologies and data centers has led to a substantial increase in the need for power, […]
Microsoft faces pressure ahead of AI growth forecast
Microsoft Faces Pressure Ahead of AI Growth Forecast As the tech industry eagerly anticipates the exponential growth of artificial intelligence (AI) in the coming years, Microsoft finds itself at a critical juncture. The software giant, known for its innovative AI solutions and robust cloud computing services through Azure, is facing mounting pressure amidst a slowdown […]
New Microsoft team focuses on AI development
A New Era of AI Development: Microsoft’s Strategic Move to Enhance Capabilities Microsoft, a powerhouse in the tech industry, has taken a significant step towards strengthening its artificial intelligence (AI) capabilities. The company recently announced the formation of a new internal division dedicated to streamlining AI software and infrastructure development. This strategic move underscores Microsoft’s […]
EU invests €133m into Dutch photonic chips
EU Invests €133m into Dutch Photonic Chips The European Union recently announced a significant investment of €133 million into the development of production facilities for photonic chips in the Netherlands. This strategic move underscores the EU’s commitment to fostering innovation and advancing technological capabilities within the region. Photonic chips, also known as optical chips, are […]