OpenAI employees to sell $1.5b in shares to SoftBank
OpenAI, owned by ChatGPT, is permitting its employees to sell around $1.5 billion in shares to SoftBank Group of…
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Artificial Intelligence (AI)
Egypt’s central bank prepares to harness AI technology – official
The Central Bank of Egypt (CBE) is actively exploring the integration of artificial intelligence (AI) into its…
Japan’s SoftBank first to get Nvidia’s latest AI chips
SoftBank's Japanese telecoms unit will be the first to receive chips using Nvidia's latest Blackwell design for its…
Asian stocks slide as chip sector weakens
Asian stocks fell on Thursday, following weakness in the chip sector following overnight losses on Wall Street.
Deloitte launches innovation hub in Cairo
Deloitte inaugurated its first Innovation Hub in Cairo, a $30 million investment aimed at delivering advanced…
Taiwan’s TSMC halts shipments to Sophgo over Huawei chip link
TSMC has suspended shipments to Chinese chip designer Sophgo after a TSMC-made chip was discovered in a Huawei…
US to award $100m to advance AI in semiconductor manufacturing
The US Department of Commerce announced on Wednesday plans to fund research into using artificial intelligence (AI)…
US Oracle to invest $6.5b in Malaysian cloud infrastructure
Oracle, a US-based technology company, announced on Wednesday plans to invest over $6.5 billion to establish a new…
EU pushes for AI factories to enhance AI competitiveness
The European Union (EU) has launched a call to establish AI factories, aimed at strengthening Europe's leadership…
Egypt, Tsinghua Unigroup collaborate on $300m tech fund, data centre
Egypt's Telecom Egypt, the Applied Innovation Center (AIC), and Tsinghua Unigroup signed a Memorandum of…
