MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims worth about $773 million. The investment comes on the heels of the Ghana Revenue Authority exempting the company’s bill for back taxes earlier this month after […]
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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 […]
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 […]
In the grand scheme of things, artificial intelligence (AI), as it currently is, is still a newborn, a toddler at most. However, its potential power has nations racing to achieve true AI power. As things stand, AI will be as important as many of the usual factors determining where a country sits on the geopolitical […]
The rise of Non-Fungible Tokens (NFTs) has generated much excitement in digital assets. Still, it has also raised concerns about their potential for misuse in illicit activities such as money laundering. In response to these concerns, governments worldwide have begun to examine the regulations of NFTs, seeking to balance the benefits of these tokens with […]
The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China. Commission President Ursula von der Leyen announced a loosening of EU state aid rules, a repurposing of existing EU […]
Zephyr Goes to Market You’d think the development of an unmanned, solar powered drone capable of flying 21 kilometers above the Earth would be a hush-hush military project. You know the kind. Dreamt up and developed by ‘those freewheeling zealots’ a hundred meters below the Pentagon at Darpa and Skunkworks. Remember them? They invented the […]
The U.S. Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most successful internet companies. The government said Google should be forced to sell its ad manager suite, tackling a business that generated about 12 […]
2022 ended on a high note for Artificial intelligence (AI) when ChatGPT took the world by storm. But AI was not a game-changer for liberal arts alone. It absolutely took the telecom industry by surprise and had experts redefine and redesign what was already there. In addition, it is also setting Saudi Arabia’s Vision 2030 […]
Everyone is curious to know what the world will look like in the future. Hold on if you thought of flying cars and robots! There are other fascinating technological developments to consider, like digitalizing paper money. Digital currency is not a newly generated term, as we became familiar with it a long time ago. The […]