Tag: AI

Impact Newswire brings you the latest in AI – Artificial Intelligence news.

Why Big Tech is Racing to Build the Perfect AI Device
Global

Why Big Tech is Racing to Build the Perfect AI Device

Virtually all the largest tech companies (Google, Apple, Microsoft, Meta, Amazon, and OpenAI) are fiercely competing to bring an AI-centric device into consumers’ hands as soon as possible. This race is not just about producing flashy hardware. Instead, it’s a strategic effort to define the next computing era. Traditionally, PCs and smartphones have dominated our digital lives. But amid the emergence and dominance of AI, … Continue reading Why Big Tech is Racing to Build the Perfect AI Device

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Empowering the UK Workforce: Training 7.5 Million in AI by 2030
Europe

Empowering the UK Workforce: Training 7.5 Million in AI by 2030

In a major push to prepare the workforce for the rapidly evolving artificial intelligence (AI) economy, the UK government announced this week a £187 million investment in a national skills programme designed to equip young people and workers with essential AI and digital skills. At the center of the initiative is the “TechFirst” programme, which aims to introduce AI learning into classrooms and communities across … Continue reading Empowering the UK Workforce: Training 7.5 Million in AI by 2030

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G42 Establishes G42 Europe & UK
Europe, Untied Kingdom

G42 Establishes G42 Europe & UK

News Release – G42, the leading UAE-based artificial intelligence and advanced technology group, today announced the launch of G42 Europe & UK, a subsidiary headquartered in London. The entity will focus on delivering tailored AI solutions to Europe and UK’s private sector and partnering with governments and industry to support the build-out of critical AI infrastructure across the UK and continental Europe. G42 Europe & … Continue reading G42 Establishes G42 Europe & UK

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Qualcomm to Acquire Alphawave Semi
Europe

Qualcomm to Acquire Alphawave Semi

Highlights: Press Release – Jun 9, 2025 – LONDON – Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) (“Alphawave Semi”) regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at … Continue reading Qualcomm to Acquire Alphawave Semi

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Nebius
Europe

Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

Amsterdam, June 2, 2025 — Nebius Group N.V. (“Nebius Group” or the “Company”; NASDAQ: NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a private placement of senior unsecured convertible notes in an aggregate principal amount of $1 billion, in two tranches:  $500,000,000 aggregate principal amount of 2.00% convertible notes due 2029 (the “2029 Notes”), and $500,000,000 aggregate principal … Continue reading Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

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Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio
Europe

Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

Makes AI Easier to Build and Faster to Scale for Developers and Enterprise Teams Paris, France – June 11, 2025 – Nscale and Lightning AI today announced a strategic partnership bringing together intuitive AI development tools and scalable cloud infrastructure to launch a new enterprise-grade AI Studio designed to streamline the entire generative AI lifecycle from idea to production.‍ The Nscale Lightning AI Studio will be a unified platform that covers the … Continue reading Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

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G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation
Middle East

G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

News – Middle East – In a major milestone for local innovation, G42, the Abu Dhabi based global technology group, and WWT (World Wide Technology), a leading U.S.-based systems integrator and technology solutions provider, today announced the launch of Forge42, a world-class artificial intelligence (AI) acceleration company. The new initiative was officially unveiled at “Make it in the Emirates”, the UAE’s premier manufacturing event, in … Continue reading G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

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The Tech Tsunami Is Near: Are You Ready to Ride or Get Swept Away?
Global

Tech Tsunami Is Near: Are You Ready to Ride or Get Swept Away?

If you think technology is moving fast now, just wait a little longer. Over the past two years, we’ve witnessed an unprecedented acceleration in technological advancements, especially with artificial intelligence (AI). Just a short while ago, the term “artificial intelligence” was largely unknown to the general public. Fast forward to today, and AI is not only writing emails but also generating movies, handling customer service … Continue reading Tech Tsunami Is Near: Are You Ready to Ride or Get Swept Away?

Mohd Hassan
europarl
Europe

Challenges that AI poses for the culture and the creative sectors in Europe and the US

During a delegation to Los Angeles, Culture Committee MEPs discussed copyright rules, fair pay, and working conditions in a changing digital environment. Press Releases – 02-06-2025 – A delegation of MEPs from the Committee on Culture and Education (CULT) travelled to Los Angeles, from 26 to 29 May, to learn first-hand about the impact of AI and other digital transformative technologies and innovations on the … Continue reading Challenges that AI poses for the culture and the creative sectors in Europe and the US

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