Search Financial Meta slashes workforce by 5% in 'efficiency drive' 11th Feb 2025 3 minutes Meta’s latest wave of job cuts has sparked controversy, with CEO Mark Zuckerberg standing firm on the decision, stating it was necessary to enhance efficiency and remove under-performing employees. AI France secures €109bn AI investment to counter Stargate and US tech dominance 11th Feb 2025 3 minutes France is challenging the US's OpenAI-led Stargate project with President Emmanuel Macron announcing €109 billion (USD$112 billion) in AI infrastructure investments. DeepSeek’s $6m AI cost is ‘misleading’, Google DeepMind CEO claims 11th Feb 2025 2 minutes Demis Hassabis, CEO of Google DeepMind, has called DeepSeek’s claim that it developed its AI model for just under $6 million “exaggerated and a little misleading.” Appointments Nokia nabs Intel AI exec to replace Pekka Lundmark as new CEO 10th Feb 2025 4 minutes Nokia CEO Pekka Lundmark is set step to down, with Intel’s data centre and AI general manager Justin Hotard set to take over. AI AWS growth stalls while Amazon bets big on AI in 2025 7th Feb 2025 5 minutes Amazon just about scraped by projected earnings but investors still soured on the tech giant after a less-than-stellar performance from its cloud business. AI Global data centre capex to reach $1tn by 2029 amid AI surge 6th Feb 2025 2 minutes Global data centre capital expenditure will surpass $1 trillion according to new projections from Dell'Oro Group. AI ML Meta VP Eva Press exits after 14 years 6th Feb 2025 3 minutes Eva Press, vice president of Meta's Global Business Group, has announced her departure from the company after 14 years. AMD AMD doubles cash flow as data centre demand drives record revenues 5th Feb 2025 3 minutes AMD’s data centre arm contributed around 50% of its annual revenue, with Nvidia’s biggest rival reporting an “outstanding year” with demand increasing for its GPUs and CPUs. AI Inside Falcon: The UAE’s open source model challenging AI giants 5th Feb 2025 7 minutes Learn about Falcon, the open source models leading the Middle East’s AI future AI DeepSeek: Safety questions arise amid Australia ban & EU compliance uncertainty 5th Feb 2025 10 minutes DeepSeek burst onto the scene last week and upended the long-dominant big boys of AI with its smaller, more efficient approach to language model design. Financial Vodafone revenue rises despite German market struggles 4th Feb 2025 4 minutes Vodafone reported strong group service revenue growth in its latest earnings report, as the firm reshapes its European businesses while its operations in Africa and emerging markets are helping to drive growth. Prev 1 … 7 8 Next
