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AT&T marks anniversary with the promise of a multi-billion investment AT&T marks anniversary with the promise of a multi
AT&T recently celebrated the 150th anniversary of the first telephone call with a plan to invest more than $250 billion over the next five years to strengthen and expand...
India looks to support massive AI chip venture India looks to support massive AI chip venture
India’s government has approved $360 million in subsides for Japan’s Mitsui & Co and Aoi Electronics to set up a chip assembly facility with local partner Kaynes Semicon. The...
Japan sets AI chip target Japan sets AI chip target
Japan recently outlined a long-term goal to significantly boost AI chip production. The country is targeting JPY40 trillion ($252.4 billion) in sales by 2040 after previously aiming for JPY15...
Nvidia reports record $215 billion revenue Nvidia reports record $215 billion revenue
Chip giant Nvidia recently reported a record annual revenue of $215.9bn (£159.1bn), despite a wave of investor scepticism about the amounts of money being spent on AI technology. The...
Amazon to invest $12 billion on U.S. state data centre deal Amazon to invest $12 billion on U.S. state data centre
Amazon recently announced plans to invest $12 billion on new data centre campuses in the U.S state of Louisiana. This move is designed to help increase the company’s AI...
HUMAIN invests $3 billion in xAI HUMAIN invests $3 billion in xAI
Saudi Arabia-backed Humain recently invested $3 billion into Elon Musk’s xAI, thereby becoming a significant minority shareholder in the company. The investment was part of a $20 billion funding...
Anthropic AI enjoys an additional $30 billion in funding Anthropic AI enjoys an additional $30 billion in fundin
Anthropic AI recently raised $30 billion from a group of financial backers. This move saw the value of the company hit $380 billion post‑investment. The long-rumoured round was co-led...
The value of the 5G sector is on the rise The value of the 5G sector is on the rise
The value of the global 5G equipment sector could hit $265 billion by 2035, driven by the evolution of technology like AI and private networks. according to market research...
Semiconductor sales to hit $1 trillion in 2026 Semiconductor sales to hit $1 trillion in 2026
According to the U.S. Semiconductor Industry Association (SIA), global chip sales are projected to reach the $1 trillion mark globally in 2026, with AI, IoT, 6G and autonomous fuelling...
Apple sees a surge in Q1 growth Apple sees a surge in Q1 growth
Apple recently announced record quarterly results for Q1 2026, with China displaying the best iPhone quarter in its history and seeing double-digit year-on-year traffic growth in its stores. CEO...
SoftBank looks to grow its stake in OpenAI SoftBank looks to grow its stake in OpenAI
SoftBank Group is looking to boost its existing 11% stake in OpenAI to an even more substantial amount. Bloomberg reported that the Japan investment company is holding discussions about...
SpaceX could enjoy a record financial listing SpaceX could enjoy a record financial listing
In what could potentially be the largest listing in financial history, SpaceX is considering an initial public offering (IPO) in mid-June 2026 which could raise up to $50 billion...
Meta scores a $6 billion AI fibre deal Meta scores a $6 billion AI fibre deal
Meta Platforms and technology company Corning recently signed a deal valued at up to $6 billion to provide fibre-optic cable capabilities for the social media giant’s AI data centre buildout....
Nvidia starts 2026 strong with AI chip sales Nvidia starts 2026 strong with AI chip sales
Brand Finance‘s recently released figures highlight how AI technology has propelled Nvidia up its list of the 500 biggest companies in the world. The US chip company ranked in...
Ready or not? Ready or not?
New research from KPMG reveals that the UAE is unprepared when it comes to cybersecurity investment.
Tech trends for 2014 Tech trends for 2014
Deloitte predicts global sales of smartphones, tablets, PCs, TV sets and gaming consoles to exceed $750 billion.  THE TOP global technology, media, and telecom trends for 2014 include 50...
Protiviti launches new app Protiviti launches new app
New mobile tablet initiative enables on-the-go access to strategic insights. PROTIVITI, A global consulting firm, has launched Protiviti Mobiliti, the company’s new mobile tablet application delivering its experts’ latest...
CIMA’s magazine goes digital CIMA’s magazine goes digital
FINANCIAL MANAGEMENT, CIMA’s member and student magazine, is now available to download as a free app. Available on iOS and Android devices, the app can be downloaded from the...
Adapt to thrive Adapt to thrive
Finance professionals in the Gulf States ready for the impact of big data on business, new ACCA report shows.  THE GLOBAL accountancy profession will be impacted significantly by 10...
DFM unveils cool apps DFM unveils cool apps
Stock exchange showcases its latest technology innovations, including electronic services and smart phone applications at Gitex 2013… DUBAI FINANCIAL Market (DFM) showcased an all-inclusive array of state-of-the-art new electronic...
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