British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income.Revolut reported a record pretax…
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Apple may face a sizable fine if EU antitrust investigators find it violated the bloc’s digital regulations.The iPhone manufacturer is also subject to an additional inquiry…
Backed by Microsoft, OpenAI acquires Rockset, a search and database analytics company, for an undisclosed sum.Vector search, a feature that Rockset provides, has seen a rise…
As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday.This investment underscores Amazon’s commitment to expanding its…
Nvidia Surpasses Microsoft as Most Valuable CompanyOn Tuesday, Nvidia overtook Microsoft as the most valuable company, due to its high-end processors crucial for AI dominance.In a…
NATO coalition confirms first round of enterprises receiving funds from €1 billion innovation fund.Months after Russia’s invasion, the alliance pledged to invest in defence technologies and…
During Monday’s Apple developer conference, the company discussed more than just integrating ChatGPT and other cutting-edge AI technologies into its software. Additionally, the goal was to sell…
European banking executives assert that the rise in artificial intelligence will increase banks’ reliance on large US tech companies. Consequently, this poses new risks to the…
On Wednesday, the artificial intelligence chipmaker Nvidia (NVDA.O) surged to all-time highs. It surpassed Apple to become the second most valuable business in the world, with…
Italy’s antitrust regulator AGCM announced on Wednesday that it has penalized Meta, the owner of Facebook and Instagram, for improper business practices. The watchdog highlighted these…