European Commission Boosts AI Strategies to Drive Innovation and Safety The European Commission has taken a significant step forward in its commitment to fostering innovation and ensuring safety in the realm of artificial intelligence (AI). With the recent launch of the “Apply AI” and “AI in Science” strategies, the Commission is setting the stage to […]
Kazakhstan turns to AI to fight the shadow economy
Kazakhstan Turns to AI to Fight the Shadow Economy Kazakhstan, a country known for its rich history and stunning landscapes, is now making waves in the realm of artificial intelligence (AI) to combat the shadow economy. The deployment of AI across government systems in Kazakhstan marks a significant step towards reducing the shadow economy’s share […]
London faces major job shifts as AI takes hold
London Faces Major Job Shifts as AI Takes Hold London, a global hub of commerce and innovation, is on the brink of significant changes in its job market as artificial intelligence (AI) continues to advance at a rapid pace. Analysts have sounded the alarm, cautioning that the city’s workforce may face a reduction in job […]
Milk Makeup Owner Waldencast Postpones Earnings and Cuts Forecast, Will Undertake Strategic Review
Milk Makeup Owner Waldencast Postpones Earnings and Cuts Forecast, Will Undertake Strategic Review Waldencast, the parent company of popular skincare brand Obagi and the trendy makeup line Milk Makeup, recently made headlines by announcing a strategic shift in its financial planning. The company took the unexpected step of delaying the full release of its second-quarter […]
Seedbox.AI backs re-training AI models to boost Europe’s competitiveness
Seedbox.AI Backs Re-Training AI Models to Boost Europe’s Competitiveness Germany’s Seedbox.AI is at the forefront of revolutionizing artificial intelligence (AI) efficiency in Europe. The company’s innovative approach to re-training AI models is not only a game-changer for the industry but also a strategic move to enhance Europe’s competitiveness in the global AI race. However, Seedbox.AI […]
UN reports surge in intangible investment driven by AI and data
The Rise of Intangible Investment: How AI and Data are Driving Competitive Advantages in the Global Economy In today’s rapidly changing global economy, the concept of investment has taken on a new dimension. While traditional forms of investment such as tangible assets have long been the focus of businesses and governments alike, there is a […]
For Retailers, US-Vietnam Trade Deal Leaves Questions
For Retailers, US-Vietnam Trade Deal Leaves Questions The recent implementation of new US tariffs on Vietnamese imports has sent shockwaves through the retail industry, leaving sportswear and clothing giants like Nike and Adidas grappling with uncertainty. The trade deal between the United States and Vietnam, once seen as a beacon of hope for affordable manufacturing […]
Nvidia’s sovereign AI vision gains EU support
Nvidia’s Sovereign AI Vision Gains EU Support Nvidia, a global leader in AI computing, has taken a significant step towards solidifying its position in the European market through a strategic partnership with Mistral, a key player in Europe’s digital transformation. The collaboration aims to power Europe’s AI infrastructure, marking a crucial milestone in Nvidia’s quest […]
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit Amidst the ever-changing landscape of retail, Target has recently adjusted its sales forecast for the year. The popular retailer now anticipates a decline in net sales by a low single digit. This revision comes as a surprise, especially considering the previous guidance, which hinted at an […]
This Week: Liberation Day’s Long Tail
This Week: Liberation Day’s Long Tail As the business world continues to navigate the complexities of global trade, recent developments have shed light on the potential for positive changes in the retail industry. With more retailers releasing their earnings reports, a common thread has emerged – the hope for countries to follow in China’s footsteps […]