Communications & Technology
Amazon, OpenAI forge $38B AI cloud deal
Amazon Web Services and ChatGPT owner OpenAI have entered into a multi-year strategic partnership valued at USD38 billion, one of the largest infrastructure deals in artificial intelligence to date.
AI powers Amazon profit growth
Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.
NVIDIA to invest USD1B in Nokia, shares surge on AI-driven telecom push
NVIDIA, the global leader in artificial intelligence and accelerated computing, is investing USD1 billion in Finnish technology firm Nokia as part of a sweeping strategic partnership to develop artificial intelligence-powered wireless infrastructure, sending both companies’ shares soaring Tuesday.
Qualcomm surges after unveiling AI chips
Shares of Qualcomm Technologies, Inc. soared 11 percent on Monday after the company unveiled two artificial intelligence accelerator chips for data centers—a bold leap...
European space units form euro 6.5-B alliance to compete globally
Airbus, Leonardo, and Thales have signed a memorandum of understanding to merge their space activities into a new joint company, aiming to bolster Europe’s strategic autonomy in the critical space sector. This move is set to create a unified European space champion with a strong commercial and technological footprint, spanning telecommunications, navigation, earth observation, science, exploration, and national security.
