Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the...
Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...
It will cost US$100bn and will include an AI supercomputer.As per a media report, Microsoft would be responsible for financing the project, which would be 100 times more costly than some of the biggest current data centers
OpenAI's next major AI upgrade is expected to land by early next year, the report said, adding that Microsoft executives are looking to launch Stargate as soon as 2028
It can essentially duplicate someone's speech.OpenAI model called "Voice Engine" can essentially duplicate someone's speech based on a 15-second audio sample, according to the San Francisco-based company
We have implemented a set of safety measures, including watermarking to trace the origin of any audio generated by Voice Engine, OpenAI said
Abu Dhabi, UAE--The UAE and Kenya have signed an investment memorandum establishing a framework for investment cooperation in digitalisation and...The cooperation between the two countries could also include developing data centre projects with a total capacity of up to 1,000 megawatts
The African country is also becoming a preferred investment destination for data centre providers, with the growing demand for cloud services
- Istanbul, Turkey - Turkey's flagship carrier, Turkish Airlines, has resumed flights to Libya's capital, almost 10 years after they were suspended...
The airlines's chief executive, Bilal Eksi, attended a ceremony at Mitiga International Airport on Thursday to mark its first flight to Libya since 2015.
A company spokesman told AFP on Friday that Turkish Airlines will operate flights to Tripoli three times a week on Tuesdays, Thursdays and Sundays.
RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) issued on Friday the Foreign Direct Investment (FDI) statistics for...Total FDI in Saudi Arabia's economy during Q4 of 2023 totaled about US$5 billion.
GASTAT said the results are based on a household survey conducted by the authority.
- The profits more than doubled compared to 2022.
Huawei has been at the center of an intense standoff between China and the United States, with Washington warning its equipment could be used for espionage.
Sanctions since 2019 have cut Huawei's access to US-made components and technologies, forcing it to diversify.
The company's revenue grew by 40 percent year-on-year.Amanat announced a proposed dividend of US$13 million for FY 2023, with additional interim dividends planned for 2024.
The balance sheet reached US$158 million in cash at year-end, and low leverage provided significant capital for deployment.
Abu Dhabi, UAE-- The United Arab Emirates has been ranked first globally for the third consecutive year in the Global...The report said the UAE was the best place to start and conduct new business ventures, surpassing many advanced economies
The report put Saudi Arabia on the third spot, Qatar at fifth, and Estonia South Korea, Switzerland, and China following them
- Tokyo, Japan--Japan is preparing to resume funding to the UN's crisis-hit Palestinian refugee agency (UNRWA), which coordinates nearly all aid...
Japan like many other countries paused funding after Israel claimed that 12 of UNRWA's 13,000 Gaza employees were involved in the deadly October 7 Hamas attack
The UN has launched both an internal and an independent investigation but has said Israel has not provided it with any evidence to support the claim against the workers
Abu Dhabi, UAE--The Arab Bank for Economic Development in Africa (BADEA) expects the bank's annual financing to reach US$2.5 billion...The annual financing of the bank is witnessing a steady increase, rising from US$2 billion in 2022 to US$2.23 billion in 2023
Nearly 30 percent of the bank's financing in the last 10 years was allocated to sustainable development projects in Africa
