Modi unveils 2047 tax holiday to grow India data centres
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...
Tag : Microsoft
Microsoft launches Maia 200 chip for Azure AI inference
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...
Alphabet becomes fourth company to cross $4 trillion valuation
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...
Tech stocks lift Wall Street amid trade deal uncertainty
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
AI to create meaningful work by replacing repetitive tasks, says report
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts...
Sheikh Mohamed discusses AI collaboration with Microsoft and BlackRock in Washington
UAE President Sheikh Mohamed met Microsoft, BlackRock, and Nvidia CEOs to discuss AI advancements and UAE-US collaboration in Washington....
Meta Platforms enjoys stock surge after smashing Q1 earnings expectations
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its...
Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft shares
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at...