AI, global turnover seen at $632 billion by 2028
AI global turnover: Global spending on Artificial Intelligence, including enabled applications, infrastructure and related business services, is set to double by 2028 when IDC estimates it will reach a total…
Nvidia suffers record $279 billion loss in market value as Wall St drops
By Noel Randewich and Suzanne McGee (Reuters) – Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company,…
Brazil’s government considers taxing big techs if revenue falls short
By Marcela Ayres BRASILIA (Reuters) – Brazil’s Finance Ministry will submit proposals to Congress this year to tax big tech companies and implement a global minimum tax of 15% on…
OpenAI names political veteran Lehane as head of global policy, NYT reports
By Shivani Tanna (Reuters) – ChatGPT-maker OpenAI has named political veteran Chris Lehane as its vice president of global policy, the New York Times reported on Friday. Lehane, who is…
Nations building their own AI models add to Nvidia’s growing chip demand
By Arsheeya Bajwa (Reuters) – Nations building artificial intelligence models in their own languages are turning to Nvidia’s chips, adding to already booming demand as generative AI takes center stage…
Asian firms’ earnings outlook improves as chip sector shines
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region’s semiconductor…
Apple taps insider Kevan Parekh as CFO, replacing Maestri
By Manya Saini and Zaheer Kachwala (Reuters) -Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from…
China’s robot makers chase Tesla to deliver humanoid workers
By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) – China dominates the market for electric vehicles. Now it’s chasing Tesla in the race to build battery-powered humanoids expected to replace…
Apple targets Sept. 10 debut for new iPhones, AirPods and watches
By Juby Babu (Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods,…
Beyond the stars: how space technology inspires global sustainability
By Shelli Brunswick* Space technology is at the forefront of our global efforts to achieve the Sustainable Development Goals (SDGs) set by the United Nations. This pivotal field reaches beyond the…