Salesforce to buy Informatica in $8B deal
Salesforce has agreed to acquire data management firm Informatica in a deal valued at around $8 billion. This includes equity value,…
Month: May 2025
C3 AI Announces Record Fiscal Fourth Quarter and Full Fiscal Year 2025 Financial Results
C3.ai, Inc. (NYSE: AI), a leader in enterprise AI software, reported record financial results for its fiscal fourth quarter and…
AI Chatbots Are Transforming Search Visibility for Brands
The days of writing SEO-friendly copy that would be enough to bring customers to a brand’s website will soon be…
TSMC to Add Chip Design Center in Germany for AI, Other Sectors
TSMC announced today it will open a new chip design center in Munich by the third quarter of this year,…
Microsoft opens its first cloud region in Indonesia to unlock the new AI economy
Microsoft today announced the opening of its first cloud region in Indonesia, called Indonesia Central. This is an AI-ready hyperscale…
Team Liquid Unlocking the Next Level with AI Agents
SAP SE (NYSE: SAP) today announced that Team Liquid, one of the most decorated organizations in competitive gaming, is tapping into…
John Snow Labs Acquires WiseCube to Refine and Safeguard Medical AI Models with Knowledge Graphs
New, Enhanced Capabilities Enable Accelerated Drug Discovery, Enhanced Biomedical Literature Review, and Improved Hallucination Detection in LLMs John Snow Labs,…
AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation
Artificial intelligence logistics software startup Pallet raised $27 million in a Series B funding round led by General Catalyst, according to a Tuesday…
One of Europe’s top AI researchers raised a $13M seed to crack the ‘holy grail’ of models
From OpenAI’s 4o to Stable Diffusion, AI foundation models that create realistic images from a text prompt are now plentiful.…
Ethics in automation: Addressing bias and compliance in AI
As companies rely more on automated systems, ethics has become a key concern. Algorithms increasingly shape decisions that were previously…
Oracle plans $40B Nvidia chip deal for AI facility in Texas
Oracle is planning to spend around $40 billion on Nvidia chips to support a massive new data centre being developed…
UK deploys AI to boost Arctic security amid growing threats
The UK is deploying AI to keep a watchful eye on Arctic security threats from hostile states amid growing geopolitical…
Web Summit Vancouver Kicks Off Today: Ushering in a New Era of Tech Innovation in North America
Vancouver, May 27, 2025 — Today marks the highly anticipated debut of Web Summit Vancouver, a landmark event positioning the…
5 Days to Go: IATA’s AGM & World Air Transport Summit Set to Take Off in New Delhi, India
New Delhi, India – June 1, 2025 — In just five days, the aviation world will converge in New Delhi…
OpenAI’s $6.5B new acquisition signals Apple’s biggest AI crisis yet
OpenAI has just made a move that’s turning heads across the tech world. The company is acquiring io, the AI…
This robotic arm is creating traditional Chinese ink paintings
In 2018, Christie’s held its first auction for a work of art produced by artificial intelligence (AI), which sold for $432,500.…
Pakistan to set aside excess power for AI data centres
Islamabad, Pakistan—Pakistan’s finance ministry said Sunday it would allocate 2,000 megawatts of excess power for crypto mining and AI data centres.…
Forum on China’s cultural strength spotlights AI-driven innovation, culture converge
The Forum on Building up China’s Cultural Strength 2025 kicked off on Monday in Shenzhen, south China’s Guangdong Province, where…
Huawei ICT Competition 2024–2025: AI Empowers Education and Talent Growth
On May 24, the Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final took place in Shenzhen.…
Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race
Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the…