Green Software Firm Raises 3.2 million Euros

Posted by - June 20, 2024

Forward earth, an AI-powered environmental software company, has raised €3.2 million to simplify the process for hundreds of thousands of companies worldwide to meet stringent environmental requirements and drive sustainability in global supply chains. The funding will help the company to enhance its AI-powered technology and expand across North America, Europe, and Asia. The round

Catalysing Transformative Change in IT

Posted by - June 14, 2024

Temus was founded to help build the digital future for Singapore and beyond through holistic transformation enabled by technology. Established by Temasek, a global investment company headquartered in Singapore, in strategic partnership with UST, a global digital services firm for Fortune 500 companies in April 2021, Temus catalyses digital transformation capabilities in a holistic manner.

Billionaire Musk Withdraws Lawsuit Against OpenAI

Posted by - June 13, 2024

Billionaire entrepreneur Elon Musk has moved to dismiss his lawsuit accusing ChatGPT maker OpenAI and its CEO Sam Altman of abandoning the startup’s original mission of developing artificial intelligence for the benefit of humanity and not for profit. Attorneys for Musk asked the California state court to dismiss the lawsuit, originally filed in February, without

Databricks Acquires Data Optimization Start-up Tabular

Posted by - June 12, 2024

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 Brings ChatGPT to iPhone

Posted by - June 12, 2024

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

Yahsat Awards Airbus Contract to Build Two Satellites

Posted by - June 11, 2024

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 Flies Tourists to Edge of Space

Posted by - June 10, 2024

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 Closes Funding Round of 10.5m Euros

Posted by - June 7, 2024

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,

KSA’s $266m Tech Fund to Lure Global Chipmakers

Posted by - June 7, 2024

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,

Leadership Thinker Launches Twin AI Bot

Posted by - June 7, 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

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