Technology

Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum

Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum

BOSTON, MA - February 20, 2025 - Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand f..

HSBC improves data access and operational efficiency with Starburst technology.

HSBC improves data access and operational efficiency with Starburst technology.

Thanks to Starburst’s solution, HSBC has accelerated its access to information with queries up to 20 times faster, reducing anal..

ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report

ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report

Survey results highlight that cybersecurity automation is now an important part of cybersecurity professionals’ defensive strategy – b..

Asterion agrees to sell data centre operator Nabiax to Aermont

Asterion agrees to sell data centre operator Nabiax to Aermont

(Reuters) – Spanish infrastructure investment fund Asterion Industrial Partners and Telefonica agreed to sell Spanish data centr..

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group, an investment banking boutique, has acquired 100% of TechStar, a pioneering company in industrial metaverse technol..

A year on, Intel’s touted AI-chip deals have fallen short

A year on, Intel’s touted AI-chip deals have fallen short

By Jeffrey Dastin (Reuters) – Intel’s upbeat revenue projections on Thursday masked a sore point for the embattled company..

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

By James Pomfret and Jessie Pang (Reuters) -Top Chinese research institutions linked to the People’s Liberation Army have used M..

OpenAI hires ex-White House official as chief economist

OpenAI hires ex-White House official as chief economist

  (Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..

Tesla’s sporty, two-seater robotaxi design puzzles experts

Tesla’s sporty, two-seater robotaxi design puzzles experts

  By Abhirup Roy and Chris Kirkham SAN FRANCISCO (Reuters) -Tesla’s reveal of a robotaxi designed as a low-slung, two-seate..

Europe launches Hera asteroid probe on SpaceX rocket

Europe launches Hera asteroid probe on SpaceX rocket

  PARIS (Reuters) – Europe’s Hera asteroid probe blasted off from Florida on a SpaceX rocket on Monday, beginning a t..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..

Meta shows off prototype augmented-reality glasses at Connect event

Meta shows off prototype augmented-reality glasses at Connect event

By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..

Nvidia’s stock market dominance fuels big swings in the S&P 500

Nvidia’s stock market dominance fuels big swings in the S&P 500

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Nvidia’s huge stock rally is still exerting an outsized influence over the S&P 500 ..

Poland’s Intel plant gets EU green light for $1.9 billion in state support

Poland’s Intel plant gets EU green light for $1.9 billion in state support

WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more..

Tech takes stocks higher as ECB prepares rate cut

Tech takes stocks higher as ECB prepares rate cut

By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..

Intel rises as report of chipmaker exploring options cheers glum investors

Intel rises as report of chipmaker exploring options cheers glum investors

(Reuters) -Intel’s shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring option..

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

  (Reuters) – Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn inter..

Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp

Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp

By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday s..

Analysis-UK reshapes its AI strategy under pressure to cut costs

Analysis-UK reshapes its AI strategy under pressure to cut costs

By Martin Coulter LONDON (Reuters) – Britain’s Labour government is drawing up a new, cost-cutting artificial intelligence strat..

Nvidia’s rally takes a break after forecasts leave investors nonplussed

Nvidia’s rally takes a break after forecasts leave investors nonplussed

By Noel Randewich, Saqib Iqbal Ahmed and Deborah Mary Sophia (Reuters) – Nvidia shares were down about 2% in early trading on Th..

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecasts downbeat profit as weak PC market, competition weigh

  By Juby Babu (Reuters) -HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on ..

Cybercrime and sabotage cost German firms $300 billion in past year

Cybercrime and sabotage cost German firms $300 billion in past year

  BERLIN (Reuters) – Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billio..

Social media platform X back up after brief outage, Downdetector shows

Social media platform X back up after brief outage, Downdetector shows

  (Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to out..

Apple cuts about 100 digital services jobs, Bloomberg News reports

Apple cuts about 100 digital services jobs, Bloomberg News reports

  (Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team resp..

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences w..

Augmented Reality (AR) Market Set to Skyrocket: Projected Growth from USD 50.47 Billion in 2023 to USD 1,465.25 Billion by 2031

Augmented Reality (AR) Market Set to Skyrocket: Projected Growth from USD 50.47 Billion in 2023 to USD 1,465.25 Billion by 2031

The Augmented Reality (AR) technology market size is poised for explosive growth over the next decade. Analysts predict a significant ..

Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review

Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review

In a significant acknowledgment of its pioneering efforts in the realm of insight engines, Mosaic Data Science has been recognized as ..

Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review

Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review

The data science consultancy is honored to have received this recognition for the second consecutive year. Leesburg, VA – May 14, 202..

Prehost.com Unveils Web Hosting Speed Insights from 17M+ Websites

Prehost.com Unveils Web Hosting Speed Insights from 17M+ Websites

The new service Prehost.com reveals the true performance of web hosting services. Using data from real user visits on over 17 million ..

The Role of Machine Learning in Enhancing Banking Customer Service

The Role of Machine Learning in Enhancing Banking Customer Service

Machine learning, a subset of artificial intelligence, is revolutionizing the banking industry by enhancing customer service in ways ..

The Role of Social Media in Financial Marketing and Customer Engagement

The Role of Social Media in Financial Marketing and Customer Engagement

Introduction:  Social media has become an integral part of our daily lives, influencing how we communicate, share information, and m..

The Advantages of Radio-Frequency Identification (RFID) Chips in Supply Chains

The Advantages of Radio-Frequency Identification (RFID) Chips in Supply Chains

Imagine a cutting-edge technology that turns your packaging into a real-time inventory management system. Well, believe it or not, tha..

The state of compliance in 2024

The state of compliance in 2024

By Andrew Doyle, CEO, NorthRow For compliance professionals at the forefront of the fight against financial crime, the ch..

Guide to social media marketing for businesses

Guide to social media marketing for businesses

Social media has transformed from a mere communication platform into a dynamic digital marketplace, where businesses, both large and s..

How to create a successful business webinar series

How to create a successful business webinar series

In the ever-evolving landscape of business, webinars have emerged as powerful tools for communication, education, and marketing. Host..

The Evolution of Payment Systems: From Fiat to Digital Currency

The Evolution of Payment Systems: From Fiat to Digital Currency

In the ever-evolving landscape of finance and technology, payment systems have undergone significant transformations. From traditiona..

Strategies for effective online customer engagement

Strategies for effective online customer engagement

Navigating the digital landscape demands more than merely showcasing your brand online; it necessitates a strategic approach to engag..