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AI DEVELOPMENT IN EUROPE
European Union aims for seven AI gigafactories with €10 billion plan in race with US, ChinaThe European Union will fund seven artificial intelligence gigafactories across the bloc. This initiative aims to close the technology gap ...- Lifelike robot called 'Sally' was going to teach in US school. It's not as weird as it soundsSally has lifelike silicone skin, long brown hair, and the ability to move her arms, head, and face while seated. According to the manufact...
- How origami inspired 18-year-old Hikaru Kuribayashi to win a $100,000 prize over 1,700 students at a science fairInspired by the origami patterns he saw in nature, 18-year-old Hikaru Kuribayashi from Japan developed a groundbreaking simulation program ...
- US bans foreign-made humanoid robots, targeting China over national securityThe US FCC has banned imports of Chinese humanoid robots due to security concerns. This move targets China's dominant position in the globa...
- AI race redraws Asian air cargo, replacing ecommerce as growth engineGlobal air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import...
- Explained: The $400 million ASML 'printers' key for the AI chip boomAdvances in AI and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which mak...
- China's chip tool push shows ASML caught in US-China squeezeOn the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, B...
- Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
- Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...
- Coforge secures over $230 million AI transformation contractCoforge announced a significant five-year contract valued over $230 million. This AI-led transformation engagement is with a major European...
- AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
- Elon Musk proposes peer review for frontier AI models in Economist interviewElon Musk urged top AI firms to conduct peer reviews of advanced models. Leading companies should meet regularly to discuss safety and secu...
- Bootstrapped and profitable: TripleDart's blueprint for scalingBootstrapped with just Rs 5 lakh in 2020, TripleDart has evolved from a niche B2B marketing agency into an AI-powered growth platform with ...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- Samsung in talks to invest in Mistral at $23 billion valuationThis comes after Microsoft agreed to spend billions of dollars on Mistral's computing infrastructure in Europe under a deal that will also...
- US ambassador sees $40 billion tech investment wave into Portugal by 2031Portugal anticipates significant US technology investment by 2031. This will establish it as Europe's primary hub for American AI infrastru...
- Google connects new transatlantic cable between Portugal and the USGoogle's Nuvem, named after the Portuguese word for "cloud", links Myrtle Beach, South Carolina, with Sines, south of Lisbon, via Bermuda a...
- Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
- UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materialsBritish startup CuspAI secured four hundred fifty million dollars from investors. This funding will advance its mission to discover new mat...
- Portugal becomes first EU state to join HealthAI networkPortugal became the first EU nation to join HealthAI's global network. This agreement provides access to reviewed AI health tools and incid...
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