by Jennifer George | August 16, 2024 | Industry, News, Technology
Swedish startup Enride became the world’s first company to operate a driverless electric truck on a public road in 2019. Unlike other iterations of a similar concept, Enride’s trucks were the first in the world to operate without a safety driver in the...
by Jennifer George | August 15, 2024 | Industry, News, Technology
In May 2024, SoftBank’s group subsidiary Arm announced plans to design AI chips. Recent negotiations with Intel to spearhead mass production of Arm-designed chips fell through in light of Intel’s drastic cost-cutting plans, including thousands of layoffs,...
by Jibran Munaf | August 14, 2024 | Economy, Finance, Industry, News, Technology, Trending Now
Amid reports suggesting that the government may be considering selling its stake in Vodafone Idea, the telecom company clarified on Tuesday that any decision regarding the government’s holding is entirely up to the Centre. Vodafone Idea stated that it has had no...
by Jibran Munaf | August 14, 2024 | Fintech, Industry, News, Technology
The U.S. Justice Department is contemplating a rare bid to break up Alphabet’s Google following a landmark court ruling that found the company monopolized the online search market. This would be Washington’s first attempt to dismantle a company for illegal...
by Jennifer George | August 13, 2024 | Economy, Industry, Technology
The Middle East is poised to transform into a global AI hub, where essential resources meet innovation. Heralded by the success of ambitious funding rounds and strategic government partnerships that champion the region’s talent. In July, Intelmatix, a...
by Jibran Munaf | August 11, 2024 | Banking, Finance, Market Analysis & Commentary, News, Technology
India holds a significant 48.5% share in the global real-time payments volume, according to a report released by the Reserve Bank of India (RBI) on Monday. The report underscores India’s leadership in global remittances, receiving $115.3 billion in 2023. The RBI...
