Keywords: Intelligence
Cognizant Technology Solutions has announced an agreement to acquire IT services provider Astreya in a deal valued at approximately $600 million, strengthening its position in the rapidly growing artificial intelligence and cloud infrastructure market. Astreya specializes in IT operations, AI infrastructure,......
LG Electronics and Nvidia are reportedly in discussions to expand cooperation in several advanced technology sectors, including robotics, artificial intelligence data centres, and future mobility solutions. According to information shared in Seoul, the South Korean electronics giant confirmed that both......
Demand for advanced artificial intelligence chips in China has surged following the release of a new AI model, prompting major technology firms to secure supply from Huawei. According to industry sources, leading Chinese companies including ByteDance, Tencent, and Alibaba are actively seeking to place......
Nicolai Tangen, chief executive of Norges Bank Investment Management, warned companies against using artificial intelligence primarily as a tool for workforce reductions, arguing that aggressive job cuts could trigger public backlash and damage broader confidence in the technology. Speaking ahead of......
The decision by Chinese authorities to block a major acquisition involving Meta and AI startup Manus has raised concerns among global investors about the growing risks in cross-border technology deals linked to China. The move by the National Development and Reform Commission (NDRC) to stop the multi-billion-dollar......
David Silver, the British artificial intelligence researcher behind AlphaGo, has secured $1.1 billion in seed funding for his London based startup Ineffable Intelligence. The deal values the five month old company at $5.1 billion, marking the largest seed round ever recorded in Europe and underscoring......
David Silver, the British artificial intelligence researcher behind AlphaGo, has secured $1.1 billion in seed funding for his London based startup Ineffable Intelligence. The deal values the five month old company at $5.1 billion, marking the largest seed round ever recorded in Europe and underscoring......
Microsoft is set to lose its exclusive access to the artificial intelligence technologies developed by OpenAI, marking a significant shift in the competitive landscape of the tech industry. Under the revised partnership, OpenAI will be able to offer its AI models and products to a broader range of cloud......
Sam Altman, chief executive of OpenAI, has issued a stark warning about the long-term impact of artificial general intelligence, saying that once AGI is achieved, human work could largely disappear and the economic system could collapse. The statement, published on April 25 on X, came days after the......
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