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Nvidia: $600 Million Run:ai Acquisition Deal

Nvidia, the software and fabless design multinational technology company has announced it acquired Run: ai for $700 Million USD. This acquisition deal will give enterprise customers access to computing infrastructure and software that they can use to train models for generative and other forms of AI.The report further mentions that Nvidia seeks to maintain the…

Linux Foundation Welcomes Open Platform for Enterprise AI

The Linux Foundation AI & Data announced the Open Platform for Enterprise AI (OPEA) as its latest Sandbox Project, alongside Intel, Cloudera, Domino, VMware, etc., to foster the development of open, multi-provider, and composable generative AI systems. This will accelerate secure, cost-effective generative AI deployments for businesses by driving interoperability across a diverse ecosystem, starting…

Microsoft: $1.5 Billion G42 Investment

Group 42 Holding Ltd, also known as G42, is an Emirati artificial intelligence (AI) development holding company headquartered in Abu Dhabi. It was founded in 2018 and specializes in artificial intelligence, cloud computing, healthcare, cybersecurity, oil and gas, aviation, and smart city initiatives. According to reports, Microsoft announced that it will invest $1.5 billion USD…

Ford Recalls 42,652 Vehicles

Ford has issued a recall of 42,652 vehicles due to concerns that their fuel injectors could crack and cause a fuel leak in the engine compartment. According to the notice from the National Highway Traffic Safety Administration (NHTSA), a fuel injector may crack and leak fuel inside the engine compartment, increasing the risk of a…

Microsoft: $2.9 Billion AI Investment in Japan

Microsoft, the multinational technology company, has announced plans to invest $2.9 billion USD in cloud computing and AI infrastructure in Japan over the next 2 years. This investment plan is aimed at improving Japan’s economy and technological advancement as Microsoft will open its first Research Asia lab in Japan and train about 3 million people…

Automattic: $125 Million Beeper Deal

Automattic Inc, the private software company behind WordPress.com, has announced the acquisition of Beeper for $125 million USD in an effort to improve its messaging capabilities as it looks to expand its reach beyond just blogging and website creation. This acquisition deal will allow Beeper and texts.com teams to work together to create an all-in-one…

Microsoft To Separate Teams from Office

Microsoft, the multinational technology company, has recently announced that it will split its Office 365 suite into two separate products: Microsoft 365 and Microsoft Teams. Microsoft 365 will focus on productivity and collaboration tools, while Microsoft Teams will focus on chat, video conferencing, and file sharing for enterprise customers outside the EU and Switzerland. The…

Amazon: $7.8 Million Fine

Amazon has been fined $7.8 million USD by the Competition authorities in Poland for misleading customers about product availability and delivery dates. UOKiK stands for the Office of Competition and Consumer Protection in Poland. It’s the government agency that’s responsible for enforcing competition law and consumer protection law in Poland and takes action against anti-competitive…

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