Tech Talk
New Splunk research reveals downtime is a $600 billion Cisco recently announced the release of Splunk’s latest research, The Hidden Costs of Downtime, revealing the aggregate cost of unplanned downtime for Global 2000 companies has surged to $600...
Anthropic could reach $1 trillion valuationAnthropic recently raised $65 billion in its latest funding round, which took its valuation to $965 billion as investor money continues to pour into AI companies. Financial Times reported...
China examines a $295 billion AI planChina is reportedly planning an investment of around CNY2 trillion ($295 billion) over the next five years to build out data centres across the country. State-owned telecoms operators will...
OpenAI finalises joint venture to support AI deploymentThe Deployment Company is a new joint venture (JV) being finalised by OpenAI with investment firms. This venture aims at helping businesses use its AI software in day-to-day operations....
Anthropic collaborates on enterprise AI services entityAnthropic recently collaborated with Blackstone, Goldman Sachs and private equity firm Hellman & Friedman to launch an enterprise AI services entity with a value of about $1.5 billion. The...
Apple enjoys a record Q2 thanks to China revenueApple‘s outgoing CEO Tim Cook recently highlighted record Q2 revenue on an earnings call, emphasised by a 28% increase in China. The news comes despite supply chain issues for...
Cloud spending crosses the $500 billion markSynergy Research Group recently unveiled their findings about global cloud infrastructure spending by enterprises. The group determined that the spending had surpassed an annualised run rate of half-a-trillion dollars...
SoftBank takes out loan to fund OpenAI investmentSoftBank Group recently took out a $40 billion bridge loan from a collection of big name financial institutions. In part this move was calculated to cover an additional investment...
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 xAISaudi 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 fundinAnthropic 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...
Apple sees a surge in Q1 growthApple 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 OpenAISoftBank 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 listingIn 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...
Tech trends for 2014Deloitte 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...
Adapt to thriveFinance 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 appsStock 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...
On cloud ‘none’Deloitte’s new report shows technology decision-makers are more fretful about transitioning to cloud computing… MOST CHIEF Financial Officers (CFO) and Chief Information Officers (CIO) are concerned about cloud data...
Data risk soarsNew Deloitte Middle East whitepaper tackles collection of forensic records in GCC… WHEN A company’s management takes the serious decision to commission a forensic data collection, it usually involves...
Inform. Align. Adapt.SAP’s Director of Business Analytics Paul Devlin examines different ways of fostering a culture of analytics in organisations, to aid in the decision-making process AS EINSTEIN is famously quoted...
