Tag: Business
-
Portugal launches first open-source AI model, joining Europe’s sovereignty push
LISBON, July 1 : Portugal launched on Wednesday its first open-source artificial intelligence model, joining a growing push across Europe for greater AI sovereignty and reduced reliance on U.S. providers.The move follows similar initiatives in other European countries, including France and Germany, where gove
-
Together AI raises $800 million at $8.3 billion valuation
July 1 : Together AI on Wednesday said it has raised $800 million in a funding round led by Aramco Ventures, more than doubling the artificial intelligence startup’s valuation to $8.3 billion.Founded in 2022, the startup’s platform lets companies train and run AI workloads on open models such as DeepSeek, Min
-
Google has exceeded $1 billion Africa investment target
JOHANNESBURG, July 1 : Google has exceeded a five-year target to invest $1 billion in Africa, it said on Wednesday, as it made public initiatives on infrastructure and development of AI to accelerate the continent’s digital growth.They follow on from Google’s launch of a cloud for the Johannesburg region in 2
-
Meta names Alex Schultz first chief data officer
July 1 : Meta said on Wednesday its chief marketing officer Alex Schultz will become the company’s first chief data officer, to better manage AI analytics globally.The Facebook-parent also promoted its vice president of consumer marketing and growth, Denise Moreno, to marketing chief. • “My focus
-
Ubisoft taps Amazon Games VP to lead Tom Clancy franchise
July 1 : French video games company Ubisoft said on Wednesday it recruited Amazon Games Vice President Christoph Hartmann to lead its “Creative House 2”, the division that manages games in the Tom Clancy franchise, such as “Splinter Cell” and “The Division”.Hartmann co-founded and led 2K, owned by Take-Two In
-
Stocks making the biggest moves midday: Meta, General Mills, Datadog, Sandisk & more
These are the stocks posting the largest moves midday.
-
Vimeo owner Bending Spoons likely to open 14% above IPO price in Nasdaq debut
July 1 : Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion.Its stock was indicated to open at $33, giving the Milan-based company a potential valuation of roughly $21 billion.
-
Dollar fades as Fed’s Warsh softens inflation tone
NEW YORK, July 1 : The dollar pared earlier gains on Wednesday after Federal Reserve Chair Kevin Warsh said that inflation expectations and inflation risks have eased in recent weeks, ahead of a closely watched jobs report due on Thursday. The Japanese yen, which had earlier slumped to a 40-year low against
-
Analysis:AI hopes and fears dominate global central bank meet
SINTRA, Portugal, July 1 : Seeping into just about every conversation at this week’s meeting of the world’s top central bankers was one big unknown: how artificial intelligence will impact the world economy and therefore their mandate to ensure financial stability.The consensus of those discussions at the ECB
-
GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors’ second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany Heatwave Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
