GlobalConnect invests in AI platform to enhance customer experience and operational efficiency in telecommunications.
Browsing: AI investment
Iliad Group commits $3B to AI investments, expanding its data centres and AI infrastructure across Europe to support leading AI companies.
BTW’s exclusive: Fa Zhang reveals that Poly Technologies prioritises deep tech innovation rather than rapid commercialisation in AI investments.
AI startups in China have the greatest innovation potential in software, as competing with established hardware giants is challenging.
OUR TAKENvidia is on track to hit new share value records thanks to continued strong investment in AI tech. As…
OUR TAKEThe Nasdaq 100 Index is teetering on the edge of a correction, largely due to Big Tech stocks not…
Republican lawmakers have urged the Biden administration to assess Microsoft’s $1.5 billion investment in AI firm G42.
Manufacturers are approaching generative AI initiatives more cautiously than anticipated, with 58% planning to increase AI spending in 2024.
Intuit announces 1800 job cuts – about 10% of the company’s total headcount, selecting 1050 employees who don’t meet expectations. Intuit stock fell 2.57% to close at $632.84 in early trading Wednesday, up 1.25% year-to-date, compared with a 23.3% gain on the Nasdaq Commodities (Nasdaq COMP).
The US venture capital funding surged to $55.6 billion in Q2, driven by significant investments in AI companies, reversing a previous decline.
US restricts investments in China’s AI sector, criticised by China’s UN envoy for hindering development and promoting division.