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IT Market

Britain sets up $125 mln taskforce to drive AI

Britain on Monday announced 100 million pounds ($124.5 million) in initial funding for a taskforce to help develop foundation models - a type of...

Jamaica Closer to Becoming a Digital Society

The country is one step closer to becoming a digital society, with 17 Internet sites across 10 communities now having broadband access through the...

SAP to embed ChatGPT in products as quarterly revenue beats estimates

Business software maker SAP (SAPG.DE) on Friday reported first-quarter revenue above analysts' expectations, backed by growth in its cloud business but lowered its outlook for the...

U.S. crypto exchange Coinbase secures Bermuda licence

Major U.S. crypto exchange Coinbase Global Inc (COIN.O) has said it has secured a licence to operate in Bermuda, as part of a wider push to...

Intel ends its bitcoin mining chip series

Chipmaker Intel Corp (INTC.O) said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the...

Sega Sammy in $776 mln deal to buy Angry Birds maker Rovio

Japan's Sega Sammy Holdings Inc (6460.T) said on Monday it planned to acquire Finland's Rovio Entertainment Oyj (ROVIO.HE) for 706 million euros ($776 million) to bolster its mobile...

Amazon cranks up AI competition against Microsoft, Google with new cloud tools

Amazon.com Inc's (AMZN.O) cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed...

Warner Bros Discovery unveils revamped ‘Max’ in push for streaming growth

Warner Bros Discovery Inc (WBD.O) on Wednesday said it will launch on May 23 its long-awaited new streaming service, christened "Max", combining HBO Max's scripted entertainment...

Intel to work with Arm on chip manufacturing compatibility

Intel Corp (INTC.O) on Wednesday said its chip contract manufacturing division will work with U.K.-based chip designer Arm Ltd to ensure that mobile phone chips and...

Nvidia enhances mid-range video gaming chip with AI technology

Nvidia Corp (NVDA.O) said on Wednesday it is packing one of its mid-range chips for gamers with more artificial intelligence features to improve graphics, underscoring the...

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