artificial intelligence

Microsoft pledges $2.7 billion investment in Brazil’s cloud, AI infrastructure

Microsoft will also launch ConectAI to train five million people over the next three years with AI skills

Microsoft to launch $30 billion investment fund for AI infrastructure with BlackRock

Funding to mobilize up to $100 billion in total investment potential when including debt financing

Amazon plans over $10 billion investment in U.K. data centers, supporting 14,000 jobs annually

Amazon has made direct investments of more than £56 billion in the U.K. between 2010 and 2022

ChatGPT’s weekly users exceed 200 million, says OpenAI

The startup also revealed that 92 percent of Fortune 500 companies are using its products

59 percent of EU enterprises embrace digitalization in 2023

Finland emerged as the EU country with the highest level of enterprises reaching a very high level of digitalization at 13 percent

U.S. to award HP $50 million in funding for Oregon facility expansion, modernization

Development and expansion using U.S. funding would boost the lab-to-fab ecosystem that HP has established in Corvallis

India’s bio economy to reach $300 billion by 2030 under new government policy

New policy seeks to foster the development of bio-based products with minimal carbon footprints in India

What to expect from Apple’s highly anticipated fall event on September 9

How Apple aims to reignite global growth with its fall lineup

North America’s under-construction data center supply rises 70 percent In H1 2024 as demand continues to grow: Report

North America continued to see an increase in data center pricing during the first half of the year albeit at a slower rate than last year

Only 20 percent of Japanese companies use GenAI due to expertise, accuracy concerns: Survey

The primary concern cited by 54.1 percent of respondents was a lack of skilled staff and operational expertise

South Korea’s ICT exports surge 32.8 percent to $19.4 billion on AI and mobile phones

Semiconductor exports skyrocketed by 49.0 percent to $11.23 billion

Google brings powerful Gemini AI to Android, alongside new Pixel 9 phones

The smartphones come equipped with the Gemini AI features and are powered by Google's Tensor G4 processor

Leading Chinese chipmaker SMIC revenues rise 21.8 percent to $1.9 billion in Q2 2024

The company's capital expenditure reached $2.25 billion in the second quarter

Meta raises $10.5 billion in debt offering to supercharge AI investments, outpace competition

Analysts projected Meta's 2024 capex at $35-40 billion, but the company raised the minimum to $37 million

Over 40 percent of Japanese firms remain hesitant to adopt AI: Survey

Data showed that 24 percent of companies have implemented AI, and 35 percent plan to do so in the future

Amazon’s market value exceeds $2 trillion as stock surges 3.9 percent on AI optimism

U.S. stock market recorded significant gains this year as enthusiasm around AI surged

Oracle to invest over $1 billion in AI and cloud computing in Spain

Madrid is expected to receive investments of more than 6 billion euros from the cloud industry in the next three years

Google introduces new AI-powered anti-theft features for Android in Brazil

Brazilian Android users with compatible devices will be able to access a beta version of these features

Nvidia exceeds $3 trillion mark, overtakes Apple as second most valuable company

Nvidia's stock has surged 147 percent so far this year, with demand for its AI chips significantly outweighing supply

Microsoft to invest $3.2 billion in cloud and AI infrastructure expansion in Sweden

The tech giant plans to deploy 20,000 advanced GPUs at its Swedish data centers

Google to invest $2 billion in data center and cloud region in Malaysia

The data center will power services such as Search, Maps, and Workspace, and will help deliver AI services

Worldwide AI chips revenue to grow 33 percent to $71 billion in 2024: Report

The value of AI accelerators used in servers is expected to increase to $33 billion by 2028

Public cloud spending projected to reach $675 billion globally by 2024: Report

SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024

Microsoft bets on AI-driven ‘Copilot+’ PCs to drive strong profit growth

Priced starting at $1,000, the Copilot+ PCs will begin shipping on June 18