Fnality, a blockchain-based wholesale payments company, reported on Thursday that shareholders Lloyds Banking Group, Santander, and UBS completed the “world’s first” live transactions that digitally
Category: TECH
New York to invest $1b to turn Albany into a global center for semiconductor research and manufacturing.
Governor Kathy Hochul said on Monday that New York State will invest $1 billion to increase chip research in Albany, the state capital, to make
CHIPS Act: National security takes priority with the first award to a New Hampshire plant making chips for military aircraft.
The Biden administration said on Monday that it will give $35 million to BAE Systems to boost production at a New Hampshire facility that makes
Europe agrees AI rules to take effect in 2025 with infraction penalties of up to $38m or 7% of a company’s global turnover.
The first comprehensive artificial intelligence regulations in history were reached by European Union negotiators on Friday, opening the door for legal supervision of this technology,
Google enters the global AI contest with Gemini, raising the stakes.
The introduction of Project Gemini by Google, an AI model programmed to behave in human-like ways, marks the company’s next major advancement in artificial intelligence
The UK seeks homegrown alternatives to the American duo of Visa and MasterCard for card payments.
Regardless of the actions taken by regulators, Britain needs a “digital alternative” to depending on Visa and Mastercard for card payments, according to research commissioned
OpenAI’s conflicting objectives of non-profit and for-profit led to the removal and reinstatement of the CEO.
The company behind ChatGPT was not founded to be a business, in contrast to Google, Facebook, and other internet behemoths. The founders hoped that by
Microsoft’s new advanced AI research team is to be driven by ex-OpenAI’s Altman and Brockman.
Sam Altman and another OpenAI architect were snatched up by Microsoft for a new project after their abrupt exits stunned the AI community. The CEO
Amazon shifts focus to generative AI, to axe several hundred Alexa jobs.
Amazon.com declared on Friday that it is reducing the number of positions at its Alexa voice assistant division, citing a stronger emphasis on generative artificial
Alibaba shuts down cloud business unit valued at $60b citing US chip export ban.
Alibaba Group has cancelled its plans to spin off its cloud computing division, citing uncertainty brought on by American export restrictions on processors used in
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