G42

G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

News Release – 17 Jun 2025 G42, the Abu Dhabi-based global technology group, and Liquid AI, a leading efficient foundation models company headquartered in Cambridge, Massachusetts, today announced that they have entered into a multifaceted commercial partnership to facilitate the creation, training and commercialization of generative AI solutions powered by Liquid Foundation Models. The goal of the partnership is to jointly develop and deploy private … Continue reading G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

Press Release – June 5, 2025 | Manila, Philippines – The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) announced a grant agreement to establish Enhancing Access to Battery Energy Storage System (BESS) for Low-carbon Economies (ENABLE), a platform dedicated to accelerating battery storage deployment across the Asia and Pacific region by pooling and concentrating the human and financial resources … Continue reading ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

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

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

G42 Establishes G42 Europe & UK

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

Qualcomm to Acquire Alphawave Semi

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

Nebius

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

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

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

GE Vernova

GE Vernova and Uniper announce turbine upgrade at Grain power station in Kent, UK

LONDON, United Kingdom (June 5, 2025) – GE Vernova (NYSE: GEV) today announced that Uniper signed a contractual service agreement to upgrade three GT26 gas turbine units powering Uniper’s Grain power station in Kent, UK. This GT26 High Efficiency (HE) upgrade is expected to increase efficiency and the power output, while supporting Uniper’s ambition to decarbonise its fleet by reducing carbon intensity (CO2 emissions per MW) at … Continue reading GE Vernova and Uniper announce turbine upgrade at Grain power station in Kent, UK

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

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?