Limassol to host inaugural Women in STEM Forum
Women in Tech Cyprus and TechIsland are joining forces to host the first-ever Women in STEM Cyprus Forum, set for October 8, 2024, at the Kolla Culture Factory in Limassol.
The event, ...
AI driving shift to flatter company structures, higher skills demand
Artificial intelligence is pushing companies towards flatter hierarchies, allowing them to focus on advanced education and skills, according to Fivos Tsountas, Principal at KPMG Cyprus.
“Artificial intelligence (AI) technologies are ...
Global data centre industry to emit 2.5 billion tons of CO2 through 2030, Morgan Stanley says
A boom in data centers is expected to produce about 2.5 billion metric tons of carbon dioxide-equivalent emissions globally through the end of the decade, and accelerate investments in decarbonization efforts, ...
AI likely to weigh on oil prices over the next decade, Goldman says
Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, according to ...
Nations building their own AI models add to Nvidia’s growing chip demand
Nations building artificial intelligence models in their own languages are turning to Nvidia’s (NVDA.O) chips, adding to already booming demand as generative AI takes centre stage for businesses ...
Ask Claude: Amazon turns to Anthropic’s AI for Alexa revamp
Amazon’s revamped Alexa due for release in October ahead of the US holiday season will be powered primarily by Anthropic’s Claude artificial intelligence models, rather than its own ...
Intel’s Dow status under threat as struggling chipmaker’s shares plunge
Intel was one of the first two tech companies to join the Dow Jones Industrial Average during the late-’90s dot-com boom, along with Microsoft. Now, a slump in Intel’...
Snap to focus on growing ads business, augmented reality amid poor stock performance
Snap (SNAP.N) will concentrate on expanding and diversifying its underperforming advertising business with a focus on augmented reality, CEO Evan Spiegel informed employees in a note sent this week.
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Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race
Enterprise cloud firm Salesforce (CRM.N) this week said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions.
The acquisition, for which ...
Meta to inform Brazilians how it uses their personal data to train AI
Social media giant Meta Platforms (META.O) will inform Brazilians how it intends to use their personal data to train generative artificial intelligence (AI), it said this week, following a ...
Clearview AI fined by Dutch agency for facial recognition database
US facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection watchdog DPA said was an illegal database.
DPA also issued an additional ...
Apple to switch to OLED displays for all upcoming iPhones from 2025
Apple (AAPL.O) will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan’s Nikkei newspaper ...
Cyprus tech firm proposes new standard for cookie consent management
Cyprus-based internet browser Aloha, which operates on a privacy-first approach, this week sent an open letter to the World Wide Web Consortium, rallying industry leaders to eliminate “annoying cookie banners” ...
Cypriot tech firms to take part in Dubai exposition through CITEA partnership
The Cyprus Information Technology Enterprises Association (CITEA) announced this week that it has signed a cooperation agreement with the Dubai World Trade Centre (DWTC).
This agreement paves the way for ...
Nvidia suffers record $279 billion loss in market value as Wall St drops
Shares of AI heavyweight Nvidia (NVDA.O) tumbled 9.5 per cent on Tuesday in the deepest ever single-day decline in market value for a US company, as investors softened their optimism ...
KV Fund invests €300,000 in Paphos startup
Darefore, a Paphos-based startup founded by brothers Marios and Panayiotis Kyriakou, has been incorporated into the KV Fund portfolio.
According to an official announcement released this week, the company’s ...
Global smart personal audio market rebounds with record growth in Q2
The global smart personal audio market, which includes True Wireless Stereo (TWS) devices, wireless earphones, and wireless headphones, experienced a robust recovery in the second quarter of 2024.
According to a ...
African smartphone market experiences modest growth
The African smartphone market experienced modest growth in the second quarter of 2024, with shipments rising by 6 per cent year-on-year to reach 17.8 million units, according to the latest research from Canalys.
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Intel board member quit after differences over chipmaker’s revival plan
The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the US company’s bloated workforce, ...
Meta Platforms strikes geothermal energy deal to power US data centres
Facebook owner Meta Platforms has struck a deal to buy geothermal power from Sage Geosystems to supply its US data centres, as it races to build out the infrastructure to ...
South Korea vows tougher stance after outcry over deepfakes in Telegram chatrooms
South Korean President Yoon Suk Yeol has called for digital sex crimes to be thoroughly investigated after media reported that sexually explicit deepfake images and videos of South Korean women ...
US to award HP $50 mln for semiconductor tech project
The US Commerce Department has announced that it plans to award $50 million to HP (HPE.N) to support the expansion and modernization of an existing company facility in Oregon that ...
South African digital platforms need testing grounds to speed innovation
South African authorities should introduce regulatory ‘sandboxes’, or controlled testing grounds, to spur innovation in the country’s growing digital platform sector, according to tech investor Naspers (NPNJn.J) and ...
Robots are coming to the kitchen − what that could mean for society and culture
By Patrick Lin
Automating food is unlike automating anything else. Food is fundamental to life – nourishing body and soul – so how it’s accessed, prepared and consumed can change societies ...