ai investment
EU launches ‘Trusted Investors Network’ to boost VC investment in tech
The European Union unveiled the Trusted Investors Network at a meeting… More…
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African Union greenlights AI adoption across member states
The strategy aims to fast-track AI development and adoption in Africa,… More…
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Microsoft investors’ fears escalate over AI’s slow payoff
Microsoft investors are increasingly anxious about the slow financial… More…
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Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated… More…
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Microsoft and Apple renounce OpenAI board membership
After investing $13 billion in OpenAI in 2023, Microsoft is distancing… More…
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China leads the world in gen AI adoption but falls behind in full implementation
A recent study revealed that China leads the world in AI usage and investment,… More…
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AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT
Analysts were split over whether today’s AI investments would pay… More…
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‘Not a classic VC’: Tether plans to invest up to $1B in one year
Tether’s VC arm has already spent about $2 billion on tech like AI and… More…
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European Court of Auditors Criticize EU for Failing to Coordinate AI Investments
A recent European Court of Auditors (ECA) analysis found that the … More…
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Microsoft to Invest $1.7 Billion in Cloud, AI in Indonesia
Microsoft has announced plans to build and improve cloud and AI infrastructure… More…
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