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...
Market rattled by inflation surprise and looming trade conflict
Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets....
AI is set to create millions of jobs by 2025, says WEF 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...
UK watchdog puts brakes on Microsoft’s record $69 billion Activision deal
In a stunning turn of events, the UK’s Competition and Markets Authority (CMA) has blocked Microsoft’s proposed acquisition of video game maker Activision Blizzard, a...
Short sellers made $15 billion in profits betting against Tesla
Due to the continued decline in Tesla shares, Elon Musk is no longer the world’s richest person. According to a report by S3 Partners, astute...
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...