Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said....
Crisis-hit French IT firm Atos has told creditors and bondholders it is seeking more than 1 billion euros ($1.09 billion) in new funds, Bloomberg News reported on Monday, citing people with direct knowledge of a new restructuring plan. Atos is aiming to convert about half of its $5 billion debt into equity as part of the plan disclosed during a confidential meeting on Monday, Bloomberg said. Atos has not made immediately clear who would inject cash in the company and how remaining debt terms...
The goal of Telegram, which has now 900 million active users, is to remain a 'neutral platform' and not a 'player in geopolitics,' founder Pavel Durov says
In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a "forest fire". "We'll probably cross 1 billion monthly active users within a year now," Durov, who fully owns Telegram, told Tucker, according to the video interview posted on Tucker's account on the X social media platform.
The Dutch Grand Prix in Zandvoort will take place on August 31 next year, Formula 1 organizers confirmed. The calendar for next season was released on Friday.The 2024 Dutch Grand Prix is scheduled on August 25, meaning next year’s event will take place a week later. Max Verstappen won the last three editions of the race in Zandvoort, which has been back on the F1 calendar since 2021.
“This new path is legally sound,” Biden said in June. “It’s going to take longer, but, in my view, it’s the best path that remains to providing for as many borrowers as possible with debt relief.”
Microsoft said Tuesday that it will invest $1.5 billion in G42, a leading United Arab Emirates AI firm.
The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday. In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a "forest fire". "We'll probably cross 1 billion monthly active users within a year...
Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft's president, Brad Smith, will join G42's board of directors.
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Join our WhatsApp group Subscribe to our Daily Roundup Email Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately
The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho.
Schumer says US will provide $6.1 billion to Micron Technology for chip plants in NY, Idaho