Tech & Science

US technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing ...

Brookstreet Equity Partners, a Greek-founded fund management firm, whose investment footprint includes Cyprus, this week launched a new investment platform based in London. According to an official announcement, the new ...

A French judge put Telegram boss Pavel Durov under formal investigation in a probe into organized crime on the messaging app, but granted the entrepreneur bail on condition he pays 5 ...

Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. However, investors used to its blockbuster results will be expecting even more from the artificial intelligence ...

Artificial intelligence (AI) is reshaping the healthcare sector in unimaginable ways. The role of AI in healthcare has been of substantial importance. The 21st century marked the era of innovation ...

In eight years of working as a taxi driver in Kenya’s capital, Judith Chepkwony has never seen business this bad. A bruising price war between ride-hailing companies Uber Technologies (...

Companies need to do more to get to grips with AI at board level to govern how it is being used and to minimise risks, a top official at Norway’...

Smartphone shipments in the Middle East, excluding Turkey, reached 11.5 million units in the second quarter of 2024, marking a robust 20 per cent year-on-year increase, according to industry analysts Canalys. The company ...

Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unidentified ...

Palo Alto Networks has projected fiscal 2025 revenue and profit exceeding Wall Street expectations, indicating strong demand for its cybersecurity products amid an increasingly complex digital threat landscape. Its shares rose ...

Pavel Durov, the Russian-born founder of messaging app Telegram, was arrested in France as part of an investigation into crimes related to child pornography, drug trafficking and fraudulent transactions on ...

A new video game title launched by a Tencent-backed (0700.HK) startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-developed titles. “Black Myth: ...

AMD (AMD.O) said this week it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware ...

Action camera maker GoPro (GPRO.O) has announced that it will cut about 15 per cent of its workforce this year, as part of a restructuring plan to reduce operating expenses. ...

The European Commission said this week that it had approved a 5 billion euro ($5.5 billion) German state aid measure to support a new microchip manufacturing plant in Dresden for the European ...

Neapolis University Pafos (NUP) on Thursday announced the establishment of the Jean Monnet Centre of Excellence AI-2-Trace-Crime, a project supported by the European Union. According to the announcement, this ...

A state-of-the-art cable station and offshore submerging infrastructure will be built in Cyprus to enhance digital connectivity in the eastern Mediterranean. The strategic cooperation between Grid Telecom and Tamares Telecom ...

South Korean artificial intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement, the privately held companies announced. They announced merger negotiations in June. The ...

Cargo ships and cruise liners may soon be harnessing the power of wind and waves to reduce their carbon emissions thanks to EU-funded researchers. By Tom Cassauwers In August 2023, a ...

Cisco Systems (CSCO.O) has announced that it is witnessing rebounding demand for its networking equipment and announced a 7 per cent cut in its global headcount to focus on high-growth ...

Google parent Alphabet (GOOGL.O) said this week it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities ...

Sahara AI, a startup integrating the blockchain and artificial intelligence, announced that it has raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and ...

China’s Lenovo Group (0992.HK) reported a 20 per cent rise in quarterly revenue this week, as the global personal computer market showed signs of recovery after a two-year slump. For ...

AI PCs accounted for 14 per cent of all personal computers shipped in the second quarter with Apple (AAPL.O) leading the way, according to research firm Canalys, as added artificial ...