Sandbox AQ, a startup spun off from Alphabet Inc last year, said on Tuesday it raised $500 million as it helps customers prepare for a quantum computing future. Quantum computers, whose processors run based on quantum physics, could one day carry out certain calculations millions of times quicker than today’s fastest super computers, yet they […]
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South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry. The company’s ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp in the hardware that powers the potentially revolutionary AI […]
At this point, Elon Musk does not need an introduction, especially after being in the news for his interesting takeover of Twitter. Nevertheless, the tech mogul was once known for his innovative approach to science and technology. In fact, his portfolio contains an extensive list of companies he had a hand in, including PayPal. But […]
European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis. European Union countries have now earmarked or allocated 681 billion euros in energy crisis speding, while Britain allocated […]
The widespread provision of fiber optic connectivity, also known as fiber densification, is one of the essential concerns of our day. Beyond the apparent requirement for next-generation internet access, ultra-fast fiber connectivity is necessary for business, industry, and a nation’s economy. The Internet of Things, which requires the high-locational availability of ultra-fast fiber connections, will […]
Saudi Arabia is Nokia’s biggest market in the Middle East and Africa, and it plays a significant role in society in the nations where it does business. Accordingly, Nokia sees Saudi Arabia as a crucial market. The company is dedicated to offering the most cutting-edge technologies. Including 5G. To help the country develop a robust […]
Nine global banks have invested a total of $45 million in a new platform to help scale up transactions of voluntary carbon credits and make it easier for their customers to participate in the market. Demand for carbon offsets, generated through projects such as tree planting or using cleaner cooking fuel, is expected to soar […]
Deutsche Telekom, Orange, Telefonica and Vodafone’s plan to take on Big Tech with their own advertising joint venture is set to win unconditional EU antitrust approval, people familiar with the matter said. The joint venture marks the telecoms sector’s first attempt to take on Meta and Alphabet’S Google in the lucrative online advertising sector and […]
German Economy Minister Robert Habeck expressed optimism on Monday about resolving a European Union trade dispute with Washington, saying he saw room for compromise on certain elements of the U.S. Inflation Reduction Act and its green subsidies. Many EU leaders are worried the local content requirements of $369 billion of green subsidies in the U.S. […]
IEC Telecom, a French satellite service provider, is officially a Starlink satellite internet service authorized distributor for SpaceX. IEC Telecom made a new service portfolio with Starlink capability available for satcom users on Monday, including remote workers, multinational corporations, and maritime organizations. IEC Telecom provides new Starlink land solutions for mobile and fixed deployments. The […]