Business news

Business

Nvidia unveils powerful AI system for genetic research

AI chipmaker Nvidia and research partners have created what they call the largest artificial intelligence system yet for biological research, the company said on Wednesday, aiming to speed up breakthroughs in medicine and ...

Business

Labor Action Tracker: Work stoppages in '24 fewest since '21

The number of U.S. work stoppages decreased by 23.8% in 2024, compared to 2023, and the approximate number of workers decreased by 45.5%, according to the fourth annual Labor Action Tracker report.

Business

Niger turns to satellites to bridge digital divide

Less than a third of Niger's vast territory has internet access, so the west African country is betting on satellite broadband to bridge the digital divide in remote rural areas.

Business

New AI framework aims to remove bias in key areas such as health, education and recruitment

Researchers from the Data Science and Artificial Intelligence Institute (DATAI) of the University of Navarra (Spain) have published an innovative methodology that improves the fairness and reliability of artificial intelligence ...

Business

Meta plans undersea cable to link five continents

Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.

Consumer & Gadgets

A guide for using VR and AR technology in foreign markets

Global businesses are embracing augmented reality (AR) and virtual reality (VR) to connect with consumers around the world. The technologies offer new ways to get a feel for products before buying—for everything from virtually ...

Business

AI feud: How Musk and Altman's partnership turned toxic

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to ...

Business

Oracle to invest $6.5 bn in Malaysian cloud services region

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia.

Business

Tech industry urges G7 to unify cloud security standards

A leading tech industry group on Tuesday called on G7 nations to harmonize cloud security certification across the world's richest nations, in an effort to stoke cooperation and counter calls that data should stay within ...

Business

Google to invest $1 billion in Thailand

Google plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center, the US tech giant has announced, saying the move would support 14,000 jobs in the kingdom.

Business

High costs slow widespread use of heat pumps in UK, study shows

The high cost of installing heat pumps for home heating could slow down people widely adopting the technology and leave government targets missed, research suggests. There has been a little to no reduction in the average ...

Business

US fund to buy German energy firm Techem for 6.7 bn euros

US private equity firm TPG said Tuesday it planned to buy German metering company Techem for 6.7 billion euros ($7.4 billion), highlighting the growing interest in energy efficiency solutions for the buildings sector.