Artificial Intelligence

OpenAI generated about $4.3 billion in revenue in the first six months of 2025, which is roughly 16 per cent higher than its total revenue for all of last year, The Information reported ...

Abu Dhabi’s Technology Innovation Institute and Nvidia (NVDA.O) have launched a joint research lab in the United Arab Emirates that will focus on developing next-generation AI models and ...

Artificial intelligence could boost the value of trade in goods and services by nearly 40 per cent by 2040, but without adequate policies it could also exacerbate economic divides, a new World ...

A $30M raise that stands apart While early-stage biotech AI companies typically attract $5–15M, Astromech’s $30M debut positions it as an outlier. SEC filings confirm the raise, with few ...

Warner Bros Discovery (WBD.O) recently sued the AI photo generation company Midjourney, saying it brazenly stole the studio’s works to generate images of Batman, Superman, Wonder Woman, Bugs ...

Amazon.com-backed (AMZN.O) Anthropic said this week that it will offer its Claude AI model to the US government for $1, joining a growing list of artificial intelligence startups proposing ...

Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s (GOOGL.O) Chrome browser this week, a bid far above its own valuation as the startup reaches for the ...

Lots of people use AI to write now. Students, bloggers, small business owners, everyone leans on it to save time. But the copy that comes out of these tools often ...

The Cyprus Chamber of Commerce & Industry (Keve) on Wednesday announced the launch of the co-financed Data ProTech project, designed to help Cyprus SMEs comply with AI and data protection ...

Growing use of artificial intelligence in advertising is expected to boost the global entertainment and media industry’s revenue to $3.5 trillion by 2029, according to PwC. The industry is projected to ...

Chinese Premier Li Qiang on Saturday proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving ...

Alphabet (GOOGL.O), faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company’s own spending on the technology is helping it ...

Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the ...

US startup funding surged 75.6 per cent in the first half of 2025, thanks to the continued AI boom, putting it on track for its second-best year ever, even as venture capital ...

OpenAI has included Alphabet’s (GOOGL.O) Google Cloud among its suppliers to meet escalating demands for computing capacity, according to an updated list published on the ChatGPT maker’s ...

The Digital Cooperation Organisation (DCO), of which Cyprus is a member, has launched a new AI Ethics Evaluator Policy Tool to support the responsible development and deployment of artificial intelligence. ...

America’s largest power grid is under strain as data centers and AI chatbots consume power faster than new plants can be built. Electricity bills are projected to surge by ...

Grammarly has acquired email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in ...

Key guidance to help thousands of companies comply with the European Union’s landmark artificial intelligence rules may come at the end of the year, the European Commission said on ...

The Research and Innovation Foundation (RIF) on Monday launched a market sounding exercise to gauge interest in a potential new funding programme, ‘AI WAVE’, which is currently under consideration. The ...

More than 40 per cent of agentic artificial intelligence projects will be canceled by the end of 2027 due to escalating costs and unclear business value, according to a report by Gartner. ...

Bcentriqe.ai, headquartered in Santa Clara (Silicon Valley), California, United States, has announced its strategic expansion into Cyprus. According to an announcement by Invest Cyprus, the move “aims to empower ...

Artificial Intelligence is no longer a futuristic concept but a working reality already embedded in the operations of businesses across Europe, Cyprus included,according to Monica Odysseos, head of the ...

Global spending on cloud infrastructure services reached $90.9 billion in the first quarter of 2025, according to estimates by industry analysts Canalys. The company reported that this represents a 21 per cent increase ...