Shares of Microsoft vaulted 5.3 percent after it reported $27.2 billion in quarterly profits as it touted massive investments in...
Palo Alto, United States - Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest...
The Saudi energy giant unveiled plans in March to acquire the stake in Rongsheng Petrochemical, valued at $3.4 billion. The..."Our strategic partnership with Rongsheng advances Aramco's liquids to chemicals strategy while growing our presence in China," Aramco vice president Mohammed Al Qahtani said.
Aramco, which is mostly state-owned and said it earned record profits totaling $161.1 billion last year, has pledged to achieve "operational net-zero" carbon emissions by 2050.
Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI were to join US President Joe Biden later Friday to...Worry that imagery or audio created by AI will be used for fraud and misinformation has ramped up as the technology improves and the 2024 US presidential election gets closer.
Commitments by the companies include independent testing of AI systems for risks when it comes to biosecurity, cybersecurity, or "societal effects," according to the White House.
Riyadh, Saudi Arabia - Saudi Arabia exported 321,000 tons of dates in 2022 worth 1.28 billion Saudi Riyals ($342 million),...The upward trajectory continued with Saudi dates exports rising by 2.5 percent year on year in the first quarter of 2023
In 2022, the Kingdom's dates exports surged by a remarkable 121 percent compared to 2016
Sunnyvale, CA: G42, the UAE-based technology group and Cerebras Systems, the company specializing in accelerating generative AI on Thursday announced...
It is highest ever profit achieved by FAB in a half-year.Return on Tangible Equity (ROTE) increased substantially to 18.6 percent as of June-end 2023.
Strong capital accretion lifted group Common Equity Tier 1 to 13.6 percent as of June-end 2023.
The two companies will explore opportunities globally.The two companies will cooperate in various fields including global industry and infrastructure development, financing, building.
The agreement will be valid for three years and will focus on achieving complementary advantages, sharing resources.
Firm in profit despite high inflation, rising interest rates.Volvo Cars reported a 25 percent increase in retail sales, with 178,800 units sold in the second quarter.
Central banks have been raising interest rates in efforts to cool consumer price increases.
- The spike in numbers comes after password crackdown.
The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $1.5 billion, according to an earnings release
Netflix in May expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue after a rough patch last year
- Revenues surged 47 percent to $24.9 billion.
Revenues surged 47 percent to $24.9 billion - a record for the company as auto deliveries surged 83 percent to 466,140 vehicles
Total gross margin came in at 18.2 percent, down from 19.3 percent in the prior quarter and below the 18.8 percent expected by analysts
Cairo, Egypt-- Egypt is looking to resume exports of liquefied natural gas exports by October, according to the country's petroleum...Egypt uses the gas at home during summer months when the temperatures are high, but in winter months it has excess levels of gas available for export
El Molla said that summer exports surged last year because the government switched from using natural gas in power stations to mazut fuel oil
