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Cisco launches $1 billion AI fund and makes first investments

Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes...

Hewlett Packard Enterprise surges as AI-server demand powers strong results

Hewlett Packard Enterprise rose about 14% in premarket trading after the company forecast third-quarter revenue above Wall Street estimates, helped by growing demand for its...

Bahamas | Government presents tax free budget to Parliament

The Bahamas government has unveiled a tax-free budget of US$3.54 billion to Parliament with Prime Minister Phillip Davis saying that many elements of this...

Jamaica | DBJ Intensifying Efforts to Support Divestment of and Private Investment in State Assets

The Development Bank of Jamaica Limited (DBJ) plans to intensify efforts to provide support for the divestment of government-owned assets during fiscal year 2024/25,...

Arm offers new designs, software for AI on smartphones

Arm Holdings on Wednesday unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it delivers...

New Samsung chip division head says committed to overcoming challenges in AI era

 Samsung Electronics' new head of its chip division has called on staff to work together to regain the company's status as a top semiconductor company,...

Sint Maarten | Airport reconstruction to be completed soon

The reconstruction of the Terminal Building at the Princess Juliana International Airport in Sint Maarten will be completed by this October.   The management of...

Jamaica | Economy Grew by Estimated 1.9 Per Cent During March 2024 Quarter

The Planning Institute of Jamaica (PIOJ) is reporting that the economy grew by an estimated 1.9 per cent during the January to March 2024...

Dominican tourism surpasses 4 million visitors in the first four months

Minister of Tourism David Collado announced on Monday during his regular press conference, held at a hotel in the city, that the country’s tourism...

CIBC Caribbean boosts Jamaica operations with US$25 million

CIBC Caribbean announced a second capital injection this year—$25 million (J$3.862 billion) for its Jamaican operations. This follows a first capital injection of just under...

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