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Tag : Microsoft

Technology

Tech giants join Nvidia to form Open Secure AI Alliance today

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American technology giant Nvidia announced on Monday the establishment of a global coalition bringing together roughly 40 major tech and cybersecurity entities to safeguard artificial intelligence infrastructure against systemic vulnerabilities. According to official reports from...
Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive...
Technology

Microsoft launches Maia 200 chip for Azure AI inference

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MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across Azure data centres. The company said Maia 200 is designed...
Business

Alphabet becomes fourth company to cross $4 trillion valuation

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MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold....
Business

Nvidia beats Q1 expectations with $44.1 billion revenue

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Nvidia Corporation reported mixed first-quarter results, outperforming revenue and earnings expectations but acknowledging significant challenges related to U.S. export controls affecting its China operations. The chipmaker posted revenue of $44.1 billion for the quarter ending...
Business

Wall Street slides as inflation data and auto tariffs shake investors

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U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while...
Featured News

AI is set to create millions of jobs by 2025, says WEF report

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MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the World Economic Forum, AI is projected to generate 97 million...
Technology

Sheikh Mohamed discusses AI collaboration with Microsoft and BlackRock in Washington

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MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with top executives from Microsoft, BlackRock, and Nvidia in Washington, underscoring the growing partnership between the UAE and the U.S....