The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the U.S. could build an alliance that would give it an advantage over China in the race to develop new AI projects, sources told the Financial Times (FT) in a […]
Released on April 25, 2024, the report highlights the potential of this technology to act as a powerful economic driver.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
Berlin, May 2 (Prensa Latina) Official statistics indicate that the German economy grew again in the first quarter of 2024. The post German economic growth reported first appeared on Prensa Latina.
Businesses consider several factors when deciding where to invest, and it’s no secret that one of the most important considerations is taxes.
he city of Salem has seen a surge of economic growth, with businesses popping up left and right and more on the way. But what's behind all of that development? And how was the city able to turn things around?
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.
The big question now is what this report suggests will happen going forward. The worst-case scenario for the president would be for the economy to continue to slow while inflation stays elevated.
Business leaders need to better understand how AI might make it harder to reach their sustainability goals and how to balance their competing demands.
The integration of AI with journalism is transforming the way news is gathered, analyzed, and disseminated to the public. A prime example of this trend is the recent strategic partnership between the Financial Times (FT), a renowned global business publication, and OpenAI, a leading AI research laboratory. This collaboration aims to enhance the AI-driven chatbot, […]
Microsoft Surges As AI-Growth Drives Across-The-Board Beat Investors can exhale after META's meltdown as MSFT just reported better-than-expected revenues in Q3 of $61.86 billion (estimate $60.87 billion). All the business segments also beat expectations: Productivity and Business Processes revenue $19.57 billion, estimate $19.54 billion More Personal Computing revenue $15.58 billion, estimate $15.07 billion With the AI-exposed segments strong: Microsoft Cloud revenue...