Nvidia’s market value surged close to $5 trillion after AI chip bookings hit $500 billion and US supercomputer deals were announced. SANTA CLARA: Nvidia is closing in on a historic $5 trillion market valuation, driven by booming demand for its artificial intelligence chips and major new government contracts. On Tuesday, the chipmaker’s stock surged nearly […]
Arab League marks Population and Development Day with warning that ongoing wars are draining Arab human and economic resources. CAIRO: The Arab League has issued a stern warning on the impact of escalating conflicts and occupation in the region, stating that such instability continues to threaten the development trajectory of Arab countries. In a statement […]
China switches on the world’s tallest pumped-storage hydropower plant, generating 1.35B kWh of green power annually in Jiangsu. JIANGSU: China has officially launched the world’s tallest dam-based pumped-storage hydropower station in the eastern province of Jiangsu. The State Grid Xinyuan Jiangsu Jurong Pumped Storage Power Station began operations on Tuesday, marking a major milestone in […]
UN climate chief urges faster climate action, highlighting progress in new national pledges aiming for net zero emissions. GENEVA: The world is entering a “new era” of climate action, according to the United Nations, but governments must urgently accelerate their efforts. This call to action came from UN Climate Change Executive Secretary Simon Stiell, following […]
Vercel is automating entry-level jobs by training AI agents on its best employees’ work habits, reducing 10-person teams to just one and a bot. SAN FRANCISCO: As AI rapidly reshapes the workplace, developer-focused startup Vercel is taking a bold — and controversial — step into the future. The $9.3 billion company has started using AI […]
Starting December, Microsoft Teams will use Wi-Fi to figure out if you’re working from the office or somewhere else — helping teams sync better. SEATTLE: Microsoft is rolling out a new update to Teams this December that might just make the “Where are you working from today?” question a thing of the past. The platform […]
Major brands including Dove and Aerie are gaining consumer trust by pledging not to use AI-generated content in their advertising campaigns. NEW YORK: As artificial intelligence continues to redefine marketing, some of the world’s biggest brands are taking a bold step in the opposite direction. Personal care brand Dove and fashion retailer Aerie have announced […]
UN chief hails landmark cybercrime convention signed by 65 nations as a crucial step in combating digital threats and protecting rights. NEW YORK: In a historic step toward combating cybercrime on a global scale, 65 countries have officially signed the first-ever UN cybercrime convention. UN Secretary-General António Guterres praised the treaty as a significant milestone […]
Amazon plans its largest-ever layoffs, cutting 30,000 corporate jobs as part of a major cost-saving and AI optimisation strategy. SEATTLE: In what is set to be the biggest corporate downsizing in its history, Amazon is preparing to lay off approximately 30,000 corporate employees across multiple divisions. The move underscores a sweeping shift in the tech […]
Nigeria and UAE announce collaborative tourism ventures including Koko Beach Resort and Rotana Hotel to boost economic and cultural cooperation. DUBAI: Nigeria and the United Arab Emirates are embarking on a promising partnership to develop joint tourism initiatives that will not only enhance bilateral economic ties but also foster deeper cultural collaboration. This was affirmed […]
French police arrested two suspects behind the Louvre’s £76 million jewel heist as they attempted to flee to Africa with the stolen items. PARIS: Two suspects believed to be behind what French media are calling the “heist of the century” have been arrested while trying to flee to Africa with stolen jewels worth an estimated […]
