Tesla shares went up 10 per cent on Wednesday following the company’s optimistic sales forecast for the …
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SoftBank to inject $960m into Japan’s AI development race
by Nada Aliby Nada AliSoftBank is investing $960 million by 2025 to enhance its computing capabilities and become a leader in …
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Taiwan’s TSMC profit ups in Q1
by Nada Aliby Nada AliTaiwanese chip giant TSMC posted a stronger-than-expected nine per cent rise in first-quarter net profit on Thursday.
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JPMorgan Chase CEO expresses concern about US economy
by Aya Anwarby Aya AnwarJamie Dimon, the CEO of JPMorgan Chase, recently expressed concerns regarding potential risks to the US economy …
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Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom
by Nada Aliby Nada AliMorgan Stanley raised its year-end target for the MSCI’s European index on Tuesday, citing the positive impact …
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Google pledges €25 mln to enhance AI skills in Europe
by Nada Aliby Nada AliGoogle has pledged 25 million euros ($26.98 million) to support AI education in Europe, with a particular …
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AI boost Microsoft’s revenue, stock performance
by Aya El Sayedby Aya El SayedMicrosoft is anticipated to see a 15.8% increase in quarterly revenue, marking its highest growth in almost …
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Vodafone signs $1.5 bln deal with Microsoft
by Nada Aliby Nada AliVodafone group signed a new 10-year strategic partnership worth $1.5 billion with Microsoft to offer scaled digital …
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AI may impact 40% of jobs around globe – IMF chief
by Sama Mousaby Sama MousaArtificial Intelligence (AI) will affect around 40 per cent of jobs around the world, “replacing some and …
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Google lays off hundreds of employees to cut costs
by Sama Mousaby Sama MousaAlphabet’s Google announced it would lay off hundreds of employees across various teams as the company continues …