Technology

Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum

Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum

BOSTON, MA - February 20, 2025 - Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand f..

BCS ANNOUNCES SECTOR TRENDS FOR 2025

BCS ANNOUNCES SECTOR TRENDS FOR 2025

In September 2024, the UK government designated data infrastructure, including data centres, as Critical National Infrastructure. This classification ..

HSBC improves data access and operational efficiency with Starburst technology.

HSBC improves data access and operational efficiency with Starburst technology.

Thanks to Starburst’s solution, HSBC has accelerated its access to information with queries up to 20 times faster, reducing anal..

Squirro Listed Among Top 100 Financial Technology Companies of 2024

Squirro Listed Among Top 100 Financial Technology Companies of 2024

Zurich, November 21, 2024 Squirro, a leading enterprise GenAI platform provider, is excited to announce that it has been listed among ..

ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report

ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report

Survey results highlight that cybersecurity automation is now an important part of cybersecurity professionals’ defensive strategy – b..

Asterion agrees to sell data centre operator Nabiax to Aermont

Asterion agrees to sell data centre operator Nabiax to Aermont

(Reuters) – Spanish infrastructure investment fund Asterion Industrial Partners and Telefonica agreed to sell Spanish data centr..

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

By James Pomfret and Jessie Pang (Reuters) -Top Chinese research institutions linked to the People’s Liberation Army have used M..

OpenAI hires ex-White House official as chief economist

OpenAI hires ex-White House official as chief economist

  (Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

  (Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..

Tesla’s sporty, two-seater robotaxi design puzzles experts

Tesla’s sporty, two-seater robotaxi design puzzles experts

  By Abhirup Roy and Chris Kirkham SAN FRANCISCO (Reuters) -Tesla’s reveal of a robotaxi designed as a low-slung, two-seate..

Microsoft to make $4.8 billion AI, cloud investment in Italy

Microsoft to make $4.8 billion AI, cloud investment in Italy

  MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its ar..

Technology

Microsoft to make $4.8 billion AI, cloud investment in Italy

Microsoft to make $4.8 billion AI, cloud investment in Italy

  MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial intelli..

Meta shows off prototype augmented-reality glasses at Connect event

Meta shows off prototype augmented-reality glasses at Connect event

By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..

Nvidia’s stock market dominance fuels big swings in the S&P 500

Nvidia’s stock market dominance fuels big swings in the S&P 500

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Nvidia’s huge stock rally is still exerting an outsized influence over the S&P 500 ..

Poland’s Intel plant gets EU green light for $1.9 billion in state support

Poland’s Intel plant gets EU green light for $1.9 billion in state support

WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more..

Tech takes stocks higher as ECB prepares rate cut

Tech takes stocks higher as ECB prepares rate cut

By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..

Credit Card on UPI: The Future of Credit in India?

Credit Card on UPI: The Future of Credit in India?

The financial sector in India is undergoing a transformative shift, driven by innovations in digital payments. One of the most groundb..

Intel rises as report of chipmaker exploring options cheers glum investors

Intel rises as report of chipmaker exploring options cheers glum investors

(Reuters) -Intel’s shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring option..

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

  (Reuters) – Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn inter..

Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp

Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp

By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday s..

Analysis-UK reshapes its AI strategy under pressure to cut costs

Analysis-UK reshapes its AI strategy under pressure to cut costs

By Martin Coulter LONDON (Reuters) – Britain’s Labour government is drawing up a new, cost-cutting artificial intelligence strat..

Nvidia’s rally takes a break after forecasts leave investors nonplussed

Nvidia’s rally takes a break after forecasts leave investors nonplussed

By Noel Randewich, Saqib Iqbal Ahmed and Deborah Mary Sophia (Reuters) – Nvidia shares were down about 2% in early trading on Th..

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecasts downbeat profit as weak PC market, competition weigh

  By Juby Babu (Reuters) -HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on ..

Cybercrime and sabotage cost German firms $300 billion in past year

Cybercrime and sabotage cost German firms $300 billion in past year

BERLIN (Reuters) – Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in t..

Social media platform X back up after brief outage, Downdetector shows

Social media platform X back up after brief outage, Downdetector shows

  (Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to out..

Apple cuts about 100 digital services jobs, Bloomberg News reports

Apple cuts about 100 digital services jobs, Bloomberg News reports

  (Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team resp..

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences w..

Equals Money announces innovative new “Banking-as-a-Service” product

Equals Money announces innovative new “Banking-as-a-Service” product

Businesses will be empowered to offer digital payment and card solutions by leveraging the Equals Money infrastructure, opening new r..

Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review

Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review

In a significant acknowledgment of its pioneering efforts in the realm of insight engines, Mosaic Data Science has been recognized as..

Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review

Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review

The data science consultancy is honored to have received this recognition for the second consecutive year. Leesburg, VA – May 14, 202..

Prehost.com Unveils Web Hosting Speed Insights from 17M+ Websites

Prehost.com Unveils Web Hosting Speed Insights from 17M+ Websites

The new service Prehost.com reveals the true performance of web hosting services. Using data from real user visits on over 17 million..

Craftmerce selected for Techstars Los Angeles, propelling wholesale African Marketplace into the future

Craftmerce selected for Techstars Los Angeles, propelling wholesale African Marketplace into the future

  Los Angeles, California, April 5, 2024 – Craftmerce, the pioneering B2B marketplace facilitating connections between global in..

The Advantages of Radio-Frequency Identification (RFID) Chips in Supply Chains

The Advantages of Radio-Frequency Identification (RFID) Chips in Supply Chains

By Joseph Schlossberg, Vice President of Global Sales – Sourcing Solutions International  Imagine a cutting-edge technology that turn..

Considerations to Make When Choosing a Temperature Probe

Considerations to Make When Choosing a Temperature Probe

There are a number of ways through which to gain a temperature reading. We might be most familiar with infrared thermometers, which l..

Chaser launches integration with Oracle Netsuite® Software to automate invoice chasing and reduce late payments

Chaser launches integration with Oracle Netsuite® Software to automate invoice chasing and reduce late payments

LONDON, 7 March 2024 – Chaser, the global credit control automation platform and service provider, today announced its integrat..

Artificial Intelligence in Cyber Security Market to hit $ 60.5 billion by 2030: Verified Market Research

Artificial Intelligence in Cyber Security Market to hit $ 60.5 billion by 2030: Verified Market Research

The Global Artificial Intelligence In Cyber Security Market size was valued at USD 17.2 Billion in 2023 and is projected to reach USD ..

Active Pharmaceutical Ingredients Market to hit $ 372.6 billion by 2030: Verified Market Reports

Active Pharmaceutical Ingredients Market to hit $ 372.6 billion by 2030: Verified Market Reports

The Global Active Pharmaceutical Ingredients Market size was valued at USD 237.3 Billion in 2023 and is expected to reach USD 372.6 B..