Superconductor claims spark investor frenzy, but scientists are skeptical
A S Last week, two papers by South Korean scientists made an extraordinary claim that sparked a social media frenzy…
TECHNOLOGY
Elon Musk launches AI firm xAI as he looks to take on OpenAI
Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised…
Twitter threatens Threads lawsuit against Meta
Twitter has threatened to sue Meta Platforms (META.O) over its new Threads platform in a letter sent to…
China’s Alibaba unveils AI image generator to take on Midjourney, DALL-E
HONG KONG – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially…
Thomson Reuters to acquire legal AI firm Casetext for $650 mln
Thomson Reuters (TRI.TO) said on Monday it had agreed to acquire Casetext, a legal startup with an artificial…
Tokyo’s $7 bln buyout dials up global chip wars
A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access…
Apple Developer Academy at Princess Nourah bint Abdulrahman University celebrates the graduation of 190 female students
Today, the Apple Developer Academy in Riyadh celebrated the graduation of 190 students after an educational journey that…
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by…
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren…