Data analytics software maker Databricks has said that it’s acquiring Tabular, a startup that helps optimise data stored in the cloud. The gesture could help Databricks more quickly bring out products as it faces competition from Snowflake and other entities. Databricks is paying over $1 billion to buy Tabular, Databricks CEO Ali Ghodsi said. Snowflake
Apple has unveiled a long-awaited AI strategy, integrating its new ‘Apple Intelligence’ technology across its suite of apps including Siri and bringing OpenAI’s chatbot ChatGPT to its devices. In the nearly two-hour long presentation at Apple’s annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with
Abu Dhabi-based satellite operator Yahsat has contracted Airbus to make two geostationary satellites in a procurement package worth around 3.9 billion dirhams ($1.1 billion) as it aims to replace older versions of the telecommunications satellites. Airbus Defence and Space SAS will design and build the AY4 and AY5 satellites based on the Eurostar Neo platform.
Virgin Galactic flew four tourists to the edge of space and back aboard its spaceplane, marking the second flight this year, the Richard Branson-founded company has said. The Galactic 07 mission carried Turkish, USA and Italian passengers to an altitude of about 55 miles (88.51 km) on a flight lasting slightly more than an hour.
Synthara, a Swiss semiconductor innovator, announced the successful closing of €10.5 million in funding through investments and European and Swiss grants to bring in-memory computing to the mass market. The round is led by Vsquared Ventures, with OTB Ventures, Hermann Hauser’s Onsight Ventures, Deep Tech Labs, along with existing investors such as High-Tech Gründerfonds, DeepIE,
Saudi Arabia’s National Semiconductor Hub strategy aims to attract 50 world-class chip design companies to the kingdom in less than six years by providing them access to a 1-billion-riyals ($266.5 million) technology fund, supported by deep tech venture capital firms. The announcement was made on the first day of the Future of Semiconductors Forum 2024,
A top leadership thinker of the world has launched his twin artificial intelligence bot at the 8th Annual ATD Middle East Conference and Exhibition in Abu Dhabi. As a much sought-after thought leader acknowledged by leading global business and management institutions and bestselling author of more than 30 books on leadership, Dr. Marshall Goldsmithhas conceived
A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google DeepMind have raised concerns about risks posed by the emerging technology. An open letter by a group of 11 current and former employees of OpenAI and one current and another former employee with Google DeepMind said the
Tech giant Google has said that it will invest $2 billion in Malaysia, with part of the funds going toward building its first data centre and cloud region in the country, as the demand for AI and cloud services rises. “This investment builds on our partnership with the Government of Malaysia to advance its ‘Cloud
China has landed an uncrewed spacecraft on the far side of the moon, overcoming a key hurdle in its landmark mission to retrieve the world’s first rock and soil samples from the dark lunar hemisphere. The landing elevates China’s space power status in a global rush to the moon, where countries including the United States
