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Salesforce announces $500 million AI investment in Saudi Arabia
Feb 13,2025
Salesforce has announced plans to invest$500 million in AI initiatives in Saudi Arabia as global competition for AI investment intensifies. The company will introduce Hyperforce, its cloud platform architecture developed in partnership with Amazon We...
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EDF identifies four sites for data centres amid AI expansion
Feb 13,2025
EDF has announced the selection of four sites on its land for data centres as it seeks to accelerate investment in energy-intensive digital infrastructure. The state-owned utility made the announcement during France's AI summit, where political and b...
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Saudi Arabia's NEOM partners with DataVolt for AI project
Feb 13,2025
Saudi Arabia's NEOM has signed an agreement with DataVolt to develop a 1.5-gigawatt net-zero AI project in its Oxagon industrial zone. The first phase will see an investment of$5 billion, with operations expected to begin in 2028. The initiative aims...
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Beijing signals willingness to share AI progress
Feb 13,2025
China has expressed its willingness to share advancements in artificial intelligence with the world, emphasising the importance of international collaboration. Speaking at an AI summit in Paris, Vice Premier Zhang Guoqing stated that China aims to sa...
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Positron raises millions to challenge Nvidia in AI chips
Feb 12,2025
AI chip startup Positron has raised$23.5 million in a bid to compete with industry leader Nvidia. The Reno-based company, which manufactures its chips in Arizona, claims its processors consume less than a third of the power of Nvidia's high-performan...
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Trump-backed crypto platform launches strategic token reserve
Feb 12,2025
World Liberty Financial (WLF), a new crypto platform in which President Donald Trump holds a financial stake, announced the launch of a strategic token reserve aimed at supporting Bitcoin, Ethereum, and other leading cryptocurrencies. The reserve is ...
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Power connection delays could slow France's AI growth
Feb 12,2025
France has positioned itself as a major player in artificial intelligence, attracting over E100 billion in investment, thanks in part to its reliable nuclear energy. At the AI Action Summit in Paris, President Emmanuel Macron highlighted the country'...
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Paid NotebookLM plus rolls out beyond enterprises
Feb 12,2025
Google has expanded its AI-powered note-taking tool, NotebookLM Plus, to individual users subscribed to the Google One AI Premium plan. Initially launched for enterprises, the paid version offers significantly higher usage limits, allowing users to c...
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AI chip firm Groq lands $1.5 billion Saudi investment
Feb 12,2025
Groq, a US semiconductor startup, has secured a$1.5 billion commitment from Saudi Arabia to expand its AI chip delivery. The Silicon Valley firm, founded by a former Alphabet engineer, specialises in AI inference chips designed for speed and efficien...
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Microsoft secures solar power deal with EDP renewables
Feb 11,2025
Microsoft has deepened its commitment to clean energy by securing a long-term virtual power purchase agreement with EDP Renewables North America. As part of the deal, three large-scale solar projects in the United States will supply Microsoft with 38...
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Lyft targets 2026 launch for Mobileye-powered robotaxis
Feb 11,2025
Lyft is preparing to introduce fully autonomous robotaxis in Dallas by 2026, powered by Mobileye's technology. The announcement from CEO David Risher on Monday saw Lyft's shares rise by 4.6%, while Mobileye's stock jumped 17%. Companies across the au...
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Canada's Shopify boosts merchant growth with AI-powered e-commerce tools
Feb 11,2025
Merchants in North America are increasingly turning to Shopify for e-commerce operations, drawn by its AI-driven automation tools. Businesses like Klatch Coffee and Daily Harvest have migrated to the platform, benefiting from features that streamline...
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