Tech giants join Nvidia to form Open Secure AI Alliance today
American technology giant Nvidia announced on Monday the establishment of a global coalition bringing together roughly 40 major tech and cybersecurity entities to safeguard artificial...
Tag : Microsoft
Modi unveils 2047 tax holiday to grow India data centres
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads...
Microsoft launches Maia 200 chip for Azure AI inference
MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across...
Alphabet becomes fourth company to cross $4 trillion valuation
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among...
UNCTAD urges urgent AI investments for developing nations
Artificial Intelligence (AI) is poised to become a major driver of economic transformation, with its market value projected to reach $4.8 trillion by 2033, according...
AI to create meaningful work by replacing repetitive tasks, says report
MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the...
Sheikh Mohamed discusses AI collaboration with Microsoft and BlackRock in Washington
MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with top executives from Microsoft, BlackRock, and Nvidia in Washington,...
Meta Platforms enjoys stock surge after smashing Q1 earnings expectations
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company's Q1 results, released late Wednesday, exceeded expectations. The company also raised its...
Amazon Web Services awarded $700 million contract by U.S. Navy
Amazon Inc's cloud computing division was awarded a $723.9 million enterprise software license contract by the United States Navy. With the deal, the Navy will...
Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft shares
A broad selection of US stocks was purchased by Saudi Arabia's Public Investment Fund (PIF), bringing its investment portfolio's value to about $40.8 billion at...