Nvidia to invest $100bn in OpenAI
US tech giant Nvidia will invest up to $100bn (£73bn) in OpenAI, the firm behind ChatGPT, the companies have announced. Nvidia said it will supply…
Category: INTERNATIONAL
INTERNATIONAL
World Bank Establishes Regional Hub for Middle East, North Africa, Afghanistan, and Pakistan in Riyadh
he World Bank announced on Monday the opening of a new regional hub in Riyadh, Saudi Arabia, to serve the Middle East, North Africa, Afghanistan,…
Gold Hits Record High as Traders Bet US Rate Cuts, Powell’s Signal
Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more US rate cuts and a weaker dollar, as investors awaited…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI between now…
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil…
Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s…
Morocco Celebrates Expansion Milestones in Casablanca Port Complex
As Morocco pushes ahead with expansion of its maritime infrastructure, last week the country launched several development initiatives in Casablanca port complex. The launch event…
Iraq Eyes Mega Project to Channel 20% of Asia-Europe Trade
Iraq aims to channel a fifth of Asia-to-Europe trade through its southern Grand Faw port and the Development Road project, Prime Minister Mohammed Shia al-Sudani…
Saudi Minister of Industry Kicks off Official Visit to China
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef kicked off on Monday an official visit to China, which will continue until September 26. He…
Hybrid planes are coming
An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55 minutes on…