Europe and Middle East Cloud Services Trends
Europe and Middle East Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure in Europe and the Middle East, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Europe and Middle East Cloud Services Trends
TikTok Shop introduces secondhand luxury fashion line in the UK
TikTok Shop, the social commerce arm of TikTok, is venturing into the secondhand luxury fashion market in the UK. By integrating a dedicated category for pre-owned luxury items, TikTok aims to enhance its shopping experience and compete with established players in the resale…
Europe and Middle East Cloud Services Trends
Top tech news stories today: April 18, 2024
Microsoft-OpenAI deal set to dodge formal EU merger probe, Third-party iPhone app store AltStore PAL is now live in Europe and other news.
Europe and Middle East Cloud Services Trends
Blockchain for Good Alliance debuts at Blockchain Life Dubai
OUR TAKEThe launch of the Blockchain for Good Alliance signifies a promising step towards leveraging technology for positive social impact. The collaboration between leading organisations highlights a collective commitment to addressing global challenges. This initiative has the…
Europe and Middle East Cloud Services Trends
Cryptocurrencies plunge amid Middle East unrest
Following an Iranian drone and missile attack on Israel, cryptocurrency markets witness significant selling, with bitcoin plummeting 8% before rebounding amidst escalating Middle East tensions. Israel chipmaker Hailo raises $120M, brings value to $1.2B Cryptocurrency market…
Europe and Middle East Cloud Services Trends
iPhone users in 92 countries receive spyware attack alert
Apple sent a new round of threat alerts to some users in 92 countries on Thursday, warning them that their iPhones could be attacked by hired spyware, including Israel’s Pegasus spyware. The spyware attack The alert states, “Apple detected that you are being targeted by a…
Europe and Middle East Cloud Services Trends
FloQast secures $100m Series E funding, valued at $1.6bn
California’s FloQast closes Series E round at $100m, reaching $1.6bn valuation. ICONIQ Growth spearheads investment for AI-driven finance solutions. AI platform Writer launches feature for text generation from images FloQast’s series E funding round FloQast, a California-based…
Europe and Middle East Cloud Services Trends
Qualcomm unveils AI-Ready IoT platform at Embedded World 2024
Qualcomm unveiled its RB3 Gen 2 IoT platforms designed for IoT and embedded applications at this week’s Embedded World conference in Nuremberg, Germany. These platforms are compatible with artificial intelligence, computer vision, and camera sensors for use in robots, drones…
Europe and Middle East Cloud Services Trends
FinTech Scotland heads to New York for innovation spotlight
FinTech Scotland partners with UK Department for Business and Trade, sending Scottish fintech firms to New York for Tartan Week and FinTech Week, aiming to boost global presence. HSBC and HKSTP collaborate to propel HK fintech development Spotlight on Scottish Fintech: Delegation…
Europe and Middle East Cloud Services Trends
Microsoft is opening an AI hub in London
Microsoft is expanding its AI efforts in the UK with a new AI hub in London, focused on product development and research. Microsoft AI in London Microsoft AI London will focus on developing state-of-the-art language models and the infrastructure to support them, as well as…
Europe and Middle East Cloud Services Trends
Jordan Hoffmann, DeepMind scientist, to lead Microsoft AI’s new London hub
Microsoft has announced a new London hub for its consumer AI division, led by Jordan Hoffmann, an AI scientist and engineer from high-profile startup Inflection AI. This comes three weeks after Microsoft CEO Satya Nadella unveiled a new division led by founders of Inflection AI…
Europe and Middle East Cloud Services Trends
Elon Musk says electricity is key constraint for AI development
Elon Musk predicted in an interview on April 8 that while a shortage of chips were a big constraint for the development of AI so far, electricity supply will be crucial in the near future. The tycoon Musk took an interview by Norway wealth fund CEO Nicolai Tangen on X spaces on…
Europe and Middle East Cloud Services Trends
Paddy Cosgrave returns to Web Summit after resigning over Israel criticism
Web Summit co-founder Paddy Cosgrave on Monday returned as its chief executive, six months after resigning from the top job following a backlash over his comments on the Israel-Hamas conflict. Cosgrave’s October comments Cosgrave resigned as president of the Lisbon conference…
Europe and Middle East Cloud Services Trends
Google uses AI to create search answers in UK trial
Google trials AI search answers in UK, sparking publisher concerns on site visits, while prioritising accuracy to combat bias.
Europe and Middle East Cloud Services Trends
Israel chipmaker Hailo raises $120M, brings value to $1.2B
Israel-based chipmaker Hailo has raised $120 million in a new funding round, valuing it at $1.2 billion, and released a high-performance generative AI chip, the company said on Tuesday. Hailo raises funds with strong support from key players in the industry Israel-based…
Europe and Middle East Cloud Services Trends
TikTok is bringing its dedicated STEM feed to Europe
TikTok extends its STEM feed to Europe, partnering with Common Sense Networks and Poynter to ensure content safety and reliability.
Europe and Middle East Cloud Services Trends
OVHcloud pioneers quantum computer to support Europe
OVHcloud brings together European quantum ecosystem to launch the first quantum computer commissioning for a European cloud service provider.
Europe and Middle East Cloud Services Trends
Top tech news stories today: March 29, 2024
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud, MoneyGram teams up with Saudi fintech barraq and other tech news.
Europe and Middle East Cloud Services Trends
Using virtual reality to help Parkinson’s patients
Parkinson’s UK is promoting the use of virtual reality headsets to alleviate symptoms of the condition, including tremors, balance issues, and slow and stiff movements, by stimulating the body with adrenaline and dopamine. Jumping back in time Retired lecturer Keith Wilson, who…
Europe and Middle East Cloud Services Trends
MoneyGram collaborates with Saudi fintech barraq
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a global financial technology company that connects the world’s communities, announced a strategic partnership with the innovative financial technology app barraq. The partnership makes the global remittance easier…
Europe and Middle East Cloud Services Trends
Ericsson to lay off 1,200 workers in Sweden
Network and telecom technology developer Ericsson unveiled plans to cut 1,200 employees from its Sweden operations in the wake of a drop in sales and profits. This follows last year’s much larger cut of 8,600 employees. The process The Stockholm, Sweden-based developer of…