Nambia National AI Strategy: Paving the Way for Emerging Economies

Nambia National AI Strategy: Paving the Way for Emerging Economies

News – In a significant move towards technological advancement, Nambia has officially launched its National Artificial Intelligence (AI) Strategy, positioning itself as a front-runner in promoting AI adoption and innovation within the region. Geared towards establishing the nation as a hub for “AI for Emerging Economies,” this strategy is poised to reshape various sectors of the economy while driving socio-economic growth. The foundation of the … Continue reading Nambia National AI Strategy: Paving the Way for Emerging Economies

Gartner Predicts 40% of AI Data Breaches

Gartner Predicts 40% of AI Data Breaches Will Arise from Cross-Border GenAI Misuse by 2027

Press Release – STAMFORD, Conn., February 17, 2025  Lack of Consistent Global AI Standards Forces Enterprises to Develop Region-Specific Strategies, Limiting AI Scalability and Benefits By 2027, more than 40% of AI-related data breaches will be caused by the improper use of generative AI (GenAI) across borders, according to Gartner, Inc. The swift adoption of GenAI technologies by end-users has outpaced the development of data governance and … Continue reading Gartner Predicts 40% of AI Data Breaches Will Arise from Cross-Border GenAI Misuse by 2027

New Coalition aims to put Artificial Intelligence on a more sustainable path

New Coalition aims to put Artificial Intelligence on a more sustainable path

Press Release – Paris, 11 February 2025 – Over 100 partners, including 37 tech companies, eleven countries and five international organizations, have joined forces under the Coalition for Environmentally Sustainable Artificial Intelligence (AI), aiming to ramp up global momentum to place AI on a more environmentally sustainable path. Spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU), the Coalition brings together stakeholders across the AI … Continue reading New Coalition aims to put Artificial Intelligence on a more sustainable path

UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus

UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus

News – The United Arab Emirates (UAE) and France have announced a landmark €50 billion investment to develop a 1-gigawatt Artificial Intelligence (AI) data center campus, marking one of the most ambitious technology collaborations in recent history. This massive initiative underscores both nations’ commitment to advancing AI infrastructure and digital transformation, positioning them as global leaders in the rapidly evolving tech landscape. The project, situated … Continue reading UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus

Lambda Raises $480M to Expand AI Cloud Platform

Lambda Raises $480M to Expand AI Cloud Platform

New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat Press Release – February 19, 2025 – SAN JOSE, Calif. – Lambda, the AI Developer Cloud, today announced it has raised a $480 millionSeries D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW … Continue reading Lambda Raises $480M to Expand AI Cloud Platform