Tag : artificial intelligence

Business

PM Modi urges BRICS to invest in people-centric health innovation

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Brazil has formally submitted a proposal to the New Development Bank (NDB) of BRICS countries for the development of its first smart public hospital within...
Business

Nvidia outperforms AI peers in hedge fund portfolios

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MENA Newswire News Desk: NVIDIA continues to rank among the top blue-chip artificial intelligence (AI) stocks supported by billionaire investor Cliff Asness. According to the...
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Amazon plans $100 billion AI investment to stay ahead in tech race

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Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
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Nvidia shares rise as Alphabet boosts AI investments for 2025

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Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending...
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EU rolls out landmark AI law, prohibiting social scoring and exploitation

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The European Union’s Artificial Intelligence Act (AI Act) officially came into force on Sunday, introducing a comprehensive regulatory framework to govern AI applications across its...
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OpenAI Softbank Oracle invest $500B in AI initiative led by Trump

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Former U.S. President Donald Trump has unveiled a groundbreaking private-sector initiative involving a $500 billion investment in artificial intelligence infrastructure. The announcement, made on Tuesday...
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Microsoft to invest $80 billion in AI data centers by June 2025

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Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half...
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Trump appoints Indian-American Sriram Krishnan as AI policy advisor

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President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with...
News

Ishiba pledges major reforms in Japan following re-election by parliament

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MENA Newswire News Desk: Japan’s Prime Minister Shigeru Ishiba committed to advancing political reforms following his re-election by the Japanese parliament on Monday, reaffirming his...
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AI technology will enhance human creativity, say industry leaders

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MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the...