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..

Italian startup iGenius and Nvidia to build major AI system

Italian startup iGenius and Nvidia to build major AI system

By Stephen Nellis (Reuters) – Italian startup iGenius and Nvidia on Thursday said they are planning to bring online one of the w..

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..

Why Special Economic Zones Are the Future of Tech Innovation

Why Special Economic Zones Are the Future of Tech Innovation

In the rapidly evolving world of technology, one question looms large: where will the next wave of innovation come from? While Silicon..

Workflow Raises $3M to make creative work faster using AI

Workflow Raises $3M to make creative work faster using AI

Top-tier investors back London startup transforming the future of creative work with AI-driven collaboration. London, November: Workfl..

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..

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group, an investment banking boutique, has acquired 100% of TechStar, a pioneering company in industrial metaverse technol..

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 ..

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..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..

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..

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..

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..

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 billio..

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..

Dimitris Kyriakatis and Efthimis Vafeiadis: Pioneering AI to Revolutionise E-Learning Content Production

Dimitris Kyriakatis and Efthimis Vafeiadis: Pioneering AI to Revolutionise E-Learning Content Production

Dimitris Kyriakatis and Efthimis Vafeiadis are leading a revolutionary venture that is setting new standards in professional developm..

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, 2024..

Trends in Digital Banking Security: From Encryption to Behavioral Biometrics

Trends in Digital Banking Security: From Encryption to Behavioral Biometrics

Digital banking security has become a paramount concern for both financial institutions and consumers alike. With the rise of cyber t..

Peace of mind; Cloud is key in scaling systems to your business needs

Peace of mind; Cloud is key in scaling systems to your business needs

By Author Brian Sibley, Solutions Architect, Espria Meeting the demands of the modern-day SMB is one of the challenges fac..

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 Bi..

Faced with slow 5G rollout, EU telcos single out Big Tech again

Faced with slow 5G rollout, EU telcos single out Big Tech again

By Foo Yun Chee BRUSSELS (Reuters) – European telecommunications lobbying group ETNO on Monday again urged Big Tech to help pay ..

AI buzzes Davos, but CEOs wrestle with how to make it pay

AI buzzes Davos, but CEOs wrestle with how to make it pay

By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Bright banners tout the promise of artificial intelligence along the main prom..

Tech layoffs continue after ‘Year of Efficiency’

Tech layoffs continue after ‘Year of Efficiency’

By Aditya Soni and Chavi Mehta (Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at ..

Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%

Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the..

Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval

Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval

(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discuss..