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The global AI boom is showing no signs of slowing down. Investors and tech leaders say artificial intelligence is moving into a new phase — one driven by real products, real revenue, and strong demand across industries. Many experts now believe the AI sector is very different from the dot-com era. During the early 2000s,…
At just 18 years old, Robert Mukhametov has already launched three AI-powered apps that cracked the Top 100 in app stores. Based in Cyprus, he runs his startup entirely without outside funding. Mukhametov says his week now stretches to nearly 100 hours, splitting his time between coding, managing the team and dreaming up the next…
European startup Octonomy has secured $20 million in a seed funding round to expand its agentic AI platform designed for managing intricate enterprise workflows. Founded in early 2024 and based in Cologne, Germany, Octonomy builds AI “agents” that go beyond simple chatbots. Instead, these agents interpret complex technical manuals, wiring diagrams, system logs and multiple…
Nexperia BV, a Dutch chipmaker caught between Europe and China, said it welcomed recent announcements by the U.S. Government and the Chinese Government that remove barriers preventing it from shipping key semiconductor parts. The company made this statement Sunday from its Nijmegen headquarters. It declined to comment on remarks by its Chinese unit, which said…
In a recent interview and remarks aboard Air Force One, Donald Trump declared that Nvidia’s most advanced AI processor, the Blackwell chip, will not be given to “other people” — meaning nations like China and possibly other foreign buyers. The new chip is described as being “10 years ahead of every other chip.” Trump emphasized…
Mustafa Suleyman, head of AI at Microsoft, has made a striking warning: only biological beings can truly be conscious. He argues that pretending otherwise with AI is dangerous and misguided. Suleyman says AI systems today — however advanced — are tools. They lack inner experiences, desires or suffering. “There is nothing inside,” he states, meaning…
China’s tech giant Baidu is accelerating its driver-free taxi business, positioning itself for a global push in the robotaxi market. In recent years, Baidu’s robotaxi service, branded Apollo Go, has logged millions of rides across multiple Chinese cities. Now the company plans to expand internationally, aiming to bring its autonomous cars to markets in Europe…
China’s President Xi Jinping has called for a new international body to govern artificial intelligence (AI). He made the announcement at the APEC summit in South Korea, saying the world needs shared rules to make sure AI benefits everyone. Xi proposed the World Artificial Intelligence Cooperation Organization, which would be based in Shanghai. The group…
More everyday investors are turning to artificial intelligence tools like ChatGPT to help them manage money. But experts warn that AI is not ready to replace human financial advisers, and using it without caution can be risky. A survey by eToro found that nearly one in five retail investors already use AI models for investment…
Artificial intelligence (AI) has moved beyond the lab and is now reshaping industries like energy, retail and utilities in Spain and around the world. At a recent panel in Madrid, three senior executives from Microsoft, Carrefour Spain and Iberdrola discussed where AI stands today—and what it will never be able to do. They noted that…
