Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
- Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...The deal will also give access to tens of millions of more conventional CPUs that will be used for the everyday deployment of so-called agentic AI.
OpenAI will immediately begin utilizing AWS computing, with all capacity targeted to be used before the end of 2026, and the ability to expand further in the coming years.
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause" in what had been regular hike since April
The announced increase, which tallied with analyst expectations, has been seen as a bid by the key members of OPEC+ - known as the Voluntary Eight - to gain greater market share
Paris, France - An AI-generated video claiming to show one of the football stadiums for the 2034 FIFA World Cup...The video of glowing arena built atop a towering skyscraper was shared by thousands of social media accounts, with millions of users believing it was the official visual
While Riyadh has unveiled plans to build a football area on a real estate complex in The Line – a futuristic new megacity project – the official plans bear no likeness to the clip
- The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in...
The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in financing the kingdom's gigaprojects
But Riyadh's ambitions to become a global AI hub face fierce competition from the neighbouring United Arab Emirates, which have invested in AI for years
- With volatile geopolitics and the resulting uncertainty, the year 2025 has been challenging for most of the countries across the...
With its resilience and steady march, Omani economy continues to smoothly navigate geo-economic volatility
If one looks at the economic performance of Oman, there are several lessons to be learned – the foremost being slow and steady win the race
The central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between...Without these key insights into the US economy, Fed officials will be forced to set interest rates without the full spectrum of data they normally rely upon.
The US central bank has a dual mandate from Congress to act independently to tackle both inflation and unemployment.
Iran declared one of the country's largest private banks bankrupt with its assets absorbed by the state, official media reported...Founded in 2012, Ayandeh Bank had a network of 270 branches across the country, including 150 in the capital Tehran alone
But it had more recently been crippled by debt, with accumulated losses amounting to the equivalent of about $5.2 billion
- AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads while...
AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads
By 2028, Gartner predicts that over 40% of leading enterprises will have adopted hybrid computing paradigm architectures into critical business workflows, up from the current 8%
Beijing, China -- China will develop its high-tech sector on a massive scale in the next decade, top officials vowed...The country has poured support and investment into developing its science and technology sectors, part of ongoing efforts to present itself as a world leader in those areas.
Domestically, China has been beset by sluggish spending, a protracted property sector crisis and a demographic crunch as its population starts to decline.
- San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing...
The arrangement will include Anthropic buying as many as one million Tensor Processing Units (TPUs), which are integrated circuits custom-designed by Google
The expansion promises to let Anthropic bring more than a gigawatt of new computing power online by the end of 2026, enabling it to meet "exponentially growing demand."
