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Tech
Amazon Cloud Business Soars as AI Demand Fuels Record Investment and Growth
Amazon's quarterly revenues have witnessed a remarkable surge, driven by what CEO Andy Jassy describes as a "once in a lifetime opportunity" in generative artificial intelligence, coupled with robust advertising demand. The tech giant's…
Intel Records Massive 187 Billion Dollar Restructuring and Asset Impairment Charges as Share Price…
Intel has unveiled an extensive restructuring programme, announcing $18.7bn in charges as the technology giant aims to revitalise its competitive position in the global chipmaking industry. The company's shares surged 10 per cent in…
Apple Shares Dip Despite Strong Earnings as AI Features Begin Global Rollout
Apple's shares experienced a 1.9 per cent decline in after-hours trading following a cautious outlook for the holiday quarter, despite reporting solid financial results. The tech giant's forecast of low to mid-single-digit revenue growth…
Microsoft Quarterly Profits Soar as AI Investment Strategy Delivers Strong Returns
Microsoft's substantial investment in artificial intelligence technology has yielded impressive returns, with quarterly sales climbing 16 per cent to £65.6 billion, surpassing Wall Street's expectations.
The tech giant's Azure cloud…
Google Parent Alphabet Reports Extraordinary AI Driven Profit Surge in Quarter Three
Alphabet, Google's parent company, has surpassed Wall Street's profit and revenue projections as artificial intelligence technology continues to fuel substantial growth across its core businesses. The tech giant reported a remarkable 33.6…
Alphabet Profit Skyrockets on Cloud Expansion and AI Demand
Alphabet Inc, the parent company of Google, has announced a striking 34 per cent rise in profit for the third quarter. This growth is largely attributed to the expansion of their cloud services, which are in high demand for computing and…
UK Government Urged to Simplify Visa Process for AI Experts
The UK government faces calls to streamline its visa process for experts in artificial intelligence, aiming to bolster the nation's burgeoning tech sector. A report commissioned by the government and authored by venture capitalist Matt…
Microsoft accuses Google’shadow campaigns’to undermine Microsoft’s business
Microsoft accused Google of "shadow campaigns" to undermine Microsoft's position with politicians and regulators. This is the latest example of escalating rivalry between tech giants when it comes to cloud computing and data centers.…
TikTok’s owner fires an intern after he allegedly sabotaged AI project
Owner of TikTok sacked intern for allegedly sabotaging a project on artificial intelligence.
ByteDance stated that the person was dismissed in August for "maliciously interfering" with the training artificial intelligence models (AI)…
US tech giant Intel halts construction of €30bn German Microchip Factory
Intel has cancelled plans to build a €30bn microchip plant in Germany, a blow for Europe's technological plans. The US chipmaking company said that it would postpone construction of a site in Magdeburg for around two years and also a…
BlackRock and Microsoft to invest $30bn in AI infrastructure
BlackRock and Microsoft are preparing to launch an artificial intelligence fund worth more than $30 billion to help meet the growing demand for AI. The fund will be used to finance data centres, energy projects, and other infrastructure to…
THG spins off tech services to fix the balance sheet
THG, the struggling online beauty and nutrition company, has announced that it will spin off its technology division in order to improve its balance sheet and share performance.
The Manchester-based company said that it was "actively…
Silicon Valley’s techies have built the AI that will replace them
The Chase Center in San Francisco, a 18,000-seat arena for sports and entertainment, was filled with a frisson of intrigue and fear.
Mark Zuckerberg, third richest man in the world, was seated on a stage wearing a loose shirt with a mop…
Apple Challenges UK Watchdogs Mobile Browser Investigation
Apple has issued a strong warning to Britain's Competition and Markets Authority (CMA), claiming that the CMA's analysis of the company's dominance in the mobile browser market is "flawed and insufficient." The tech giant argues that the…
Brazilian Court Orders Suspension of X Platform in Escalating Legal Battle with Elon Musk
In a significant development for social media regulation, Brazil's Supreme Court has mandated the suspension of X (formerly Twitter) operations within the country. This decision follows the platform's failure to comply with a court order to…
IBM Slashes China Research Team Shifts Work to Other Regions
American tech giant IBM is shutting down most of its research and development efforts in China, joining the growing list of US companies pulling back from the world's second-largest economy amidst escalating tensions between Washington and…
Nvidias Earnings Report Set to Reveal Impact of AI Chip Boom Amidst Blackwell Delay
Nvidia, the US chipmaker, is poised to announce its quarterly sales have more than doubled on Wednesday, even as year-on-year growth slows. Wall Street anxiously awaits what has become one of the most closely watched earnings reports in the…
Apple Intelligence Integrating ChatGPT in iOS 18 Potential Impact on iPhone Usage and Privacy
As Apple prepares to launch its iOS 18 software upgrade, the tech giant is set to introduce a suite of artificial intelligence (AI) features under the brand name "Apple Intelligence." The most notable addition is a ChatGPT-powered version…