UK Government Turbocharges Science and Technology Sectors with £86bn Funding The United Kingdom is taking a significant leap forward in bolstering its science and technology sectors by announcing a whopping £86 billion investment. This substantial funding injection is aimed at driving innovation, fostering regional growth, and paving the way for a future-ready economy. The UK […]
The AI Opportunities Action Plan: Positioning the UK as a global leader in artificial intelligence
The AI Opportunities Action Plan: Positioning the UK as a Global Leader in Artificial Intelligence In a bold move to propel the United Kingdom to the forefront of the global artificial intelligence (AI) landscape, UK AI Minister Feryal Clark has unveiled the AI Opportunities Action Plan. This comprehensive strategy aims to ignite innovation, attract substantial […]
China reengineers US Cold War hypersonic engine to fly jets at 16 times speed of sound
China Repurposes US Cold War Hypersonic Engine for Unprecedented Speeds A Chinese state-funded research team used conventional jet fuel to test a hypersonic propulsion system that could potentially propel aircraft at speeds 16 times faster than the speed of sound. This breakthrough development signals China’s continued advancement in aerospace technology and its potential to revolutionize […]
Horizon Europe delivers €11 GDP return for every €1 invested
Horizon Europe: A Game-Changer Delivering €11 GDP Return for Every €1 Invested The Horizon Europe program has been making significant waves in driving innovation and growth across the European Union. With the promise of up to €11 in GDP returns and a sixfold increase in societal benefits by 2045, Horizon Europe is proving to be […]
EU prepares new data strategy for AI growth
EU Prepares New Data Strategy for AI Growth Europe has set its sights on becoming a global powerhouse in artificial intelligence (AI) with the unveiling of the new Data Union Strategy. This ambitious initiative is designed to bolster the AI Continent Action Plan and position the European Union at the forefront of AI innovation on […]
Prada Group to Acquire Versace for €1.25 Billion
Prada Group’s Strategic Move: Acquiring Versace for €1.25 Billion In the fast-paced world of high fashion, strategic acquisitions often make headlines, and the recent announcement of Prada Group acquiring Versace for €1.25 billion is no exception. This bold move by Prada signals a significant shift in the fashion landscape, with the renowned Italian fashion house […]
China: First-ever mega humanoid robot training hub opens with plans to teach 100+ models
China’s Inaugural Training Facility for Heterogeneous Humanoid Robots: A Glimpse into the Future of Robotics China’s inaugural training facility for heterogeneous humanoid robots will become fully operational in July. Known as the first-ever mega humanoid robot training hub, this groundbreaking initiative is set to revolutionize the field of robotics and artificial intelligence. With plans to […]
Zhipu AI raises 500 million yuan amid rising competition
Zhipu AI Raises 500 Million Yuan Amid Rising Competition In the ever-evolving landscape of artificial intelligence (AI), companies are constantly striving to stay ahead of the competition and push the boundaries of innovation. One such company making waves in the AI sector is Zhipu AI, which recently secured an impressive 500 million yuan in funding. […]
Exclusive: Dario Vitale to Succeed Donatella Versace as Chief Creative Officer of Versace
Exclusive: Dario Vitale to Succeed Donatella Versace as Chief Creative Officer of Versace After nearly three decades at the creative helm of Versace, the iconic fashion house founded by her late brother Gianni, Donatella Versace is set to pass on the torch to a new creative visionary. The Italian luxury brand has announced that Dario […]
European Commission unveils major clean industry support package
European Commission’s Bold Move towards Green Industries: A Major Clean Industry Support Package Unveiled In a significant stride towards a sustainable future, the European Commission has recently revealed a comprehensive clean industry support package aimed at bolstering the green sector. With Brussels spearheading the initiative, the package seeks to advocate for long-term renewable energy support […]