Charles Murito, Google’s head of government relations and public policy in Africa, recently made a compelling case for improved protection and regulation of fibre optic networks across the continent. Addressing an audience at the Africa Tech conference, Murito emphasized that the protection of fibre cables from theft and vandalism is not just critical for technology […]
Akash Systems Secures $18 Million for Semiconductor Plant
In a significant development for the U.S. semiconductor industry, Akash Systems has received a commitment of up to $18.2 million from the U.S. Commerce Department. This funding is part of the $52.7 billion semiconductor subsidy program designed to enhance domestic chip production capabilities, particularly as the nation aims to reduce its reliance on foreign suppliers. […]
The EU Plans Major Funding to Advance Tech and AI
In a decisive move aimed at bolstering its technology sector, the European Union (EU) has announced a substantial investment of €1.4 billion towards deep tech development for the year 2025. This funding, which represents an increase of €200 million from last year, will be channeled through the European Innovation Council (EIC) under the Horizon Europe […]
AI Investments Weigh on Microsoft as Copilot Demand Remains Sluggish
Microsoft is currently facing critical scrutiny from investors as it prepares to report one of its slowest revenue growth rates in a year, primarily driven by substantial investments in AI technology. The tech giant, which has positioned itself at the forefront of generative AI, is now dealing with a setback in the adoption of its […]