Despite the rumors circulating about a potential acquisition of Valve by Microsoft for $16 billion, industry expert Tom Warren has confirmed that there is no such deal in the works. The gossip, fueled by leaks of a new game from Valve, caused concerns among fans of the gaming company, but many dismissed the news as … Read more
Marketing and Marketing Research Pvt. Limited is experiencing growth in the AI in chemicals market, projected to increase from $700 million in 2024 to $3.8 billion in 2029 with a CAGR of 39.2%. The adoption of AI in the chemical industry is driven by integrating AI into R&D processes and increasing demand for AI-driven solutions … Read more
Nicole Shanahan, a lawyer and running mate to Robert F. Kennedy Jr., could become one of the richest vice presidents in history if their campaign is successful in November. This wealth stems from her divorce settlement with Google founder Sergey Brin, in which she received over $1 billion. Shanahan’s financial situation was previously estimated at … Read more
Nvidia Corp., a leading chipmaker in the artificial intelligence industry, saw a jump in its stock price after releasing a positive sales forecast that indicated strong spending on AI computing. The company reported that second-quarter revenue is expected to reach around $28 billion, surpassing analysts’ expectations of $26.8 billion. Additionally, results for the fiscal first … Read more
Major game publishers have long been rumored to show interest in acquiring Valve, known for popular titles like Half-Life and Portal, as well as the Steam Store. Despite Valve’s strong financial position, rumors have surfaced once again, this time suggesting that Microsoft is preparing a $16 billion bid to acquire Valve Corporation and potentially gain … Read more
Amazon’s cloud computing division, AWS, announced a significant investment of 15.7 billion euros in data centers in the Aragon region of northeastern Spain. This investment is expected to create around 17,500 indirect jobs in local companies and contribute 21.6 billion euros to Spain’s GDP by 2033. The Spanish Minister of Digital Transformation, José Luis Escrivá, … Read more
In a major announcement, Amazon Web Services (AWS) revealed its plans to invest a whopping 15.7 billion euros in building data centers in Spain’s Aragon region. This significant investment marks a substantial increase from the initial plan announced in 2021, which amounted to 2.5 billion euros. The tech giant did not provide a specific timeline … Read more
Tech giant Amazon’s cloud computing unit, Amazon Web Services (AWS), has announced a major investment of 15.7 billion euros ($17.02 billion) in data centers in the Spanish region of Aragon. This move is part of AWS’s updated growth plan in Spain. The investment highlights Amazon’s commitment to expanding its cloud computing services in Europe, with … Read more
Nvidia, a leading chip manufacturing tech giant, recently announced its first-quarter earnings, surpassing market expectations with record quarterly revenue of $26 billion. The company also disclosed plans for a ten-for-one forward stock split to be implemented by June 7, 2024. Following the news, Nvidia’s stock ($NVDA) experienced a 2.6% increase after the market closed. In … Read more
Microsoft and AI company G42 have announced a partnership to build a billion-dollar data center in Kenya, marking the largest digital investment in the country’s history. The collaboration will involve creating a new cloud region in East Africa as the two companies aim to empower Kenyan citizens in the global digital landscape. The partnership will … Read more