Nvidia, based in Santa Clara, California, had a successful year so far in 2024, with its executives and directors selling approximately 770,000 shares of the company. This does not include its 10 for 1 stock split that took effect on June 10. The company’s shares have seen a significant increase of about 176% this year … Read more
Nvidia Corp has reportedly acquired Shoreline, a software startup, for around $100 million. The acquisition, recently finalized, aims to enhance Nvidia’s capabilities in identifying and resolving computer system issues through automation. Shoreline, founded in 2019 by Anurag Gupta, specializes in software development and has received backing from investors like Dawn Capital and Knowledge Partners. Nvidia, … Read more
The African Development Bank and Intel have announced a partnership to enhance the digital ecosystem in Africa. The collaboration aims to provide artificial intelligence training to 3 million Africans and 30,000 government officials. This initiative was formalized during the African Development Bank Annual Meetings in Nairobi, Kenya. The goal of this partnership is to increase … Read more
Kossan Rubber has chosen iDimension to implement their enterprise resource planning (ERP) project using Microsoft Dynamics 365 Finance and Operations software. The contract, valued at RM21 million, was awarded to iDimension due to their experience with similar solutions in manufacturing and other large industries. An ERP system allows companies to manage and integrate various aspects … Read more
Comcast Cable Communications, the largest media and telecommunications conglomerate in the United States, disclosed a major data breach involving personal data belonging to 35,879,455 customers of its Xfinity services, including TV, Internet, and home phone. The breach was caused by attackers exploiting a vulnerability in Citrix hardware known as Citrix Bleed. The attackers stole usernames, … Read more
Comcast, a telecommunications company, recently confirmed a breach that compromised the personal information of over 35.8 million Xfinity customers. The breach was a result of CVE-2023-4966, also known as Citrix Bleed, an information disclosure vulnerability in Citrix NetScaler ADC/Gateway devices. This vulnerability was exploited by attackers since the end of August 2023 and became widespread … Read more
Former Google employee Jack Yu is in the process of raising $500 million for a fund that is connected to Alphabet’s research and development organization known as X. Yu, who previously worked at Google’s parent company Alphabet, is looking to secure investments for this fund which is aimed at supporting ambitious and innovative projects. This … Read more
Today, Cloud Software Group Inc. and Microsoft Corp. have announced a new eight-year strategic partnership agreement. This agreement will enhance the collaboration of the Citrix virtual desktop and application platform and focus on developing new artificial intelligence and cloud solutions through an integrated product roadmap. Cloud Software Group will invest $1.65 billion in Microsoft’s cloud … Read more
Cisco has recently announced the launch of a £782 million ($1 billion) artificial intelligence (AI) fund in order to invest in AI startups. The company’s investment division has already committed almost £156 million ($200 million) to startups such as Cohere, Mistral AI, and Scale AI. Scale AI, an AI data startup, is currently valued at … Read more
A recent investment has been made to assist black-owned small, micro, and medium enterprises in their development. The goal is to provide support for these businesses to grow and thrive. Article Source https://news.bitcoin.com/microsoft-invests-70-million-in-south-africa-for-ai-advancement/