High technology industry
Own, an Israeli data protection company founded in 2014, was sold to Salesforce for $2.1 billion, marking one of the largest exits in Israel's technology industry in the past year. The company was founded by Ariel Berkman, Ori Yankelev, and others, and its origins date back to
Algorithms
The rise of quantum computing on the horizon poses a significant threat to global data security, experts warn. With the potential for quantum computers to crack current encryption methods, enterprises are scrambling to prepare. In response, governments and tech giants are racing to develop post-quantum cryptography solutions. As quantum computing
High technology industry
Asian stock markets experienced a significant downturn on Thursday morning, with losses ranging from 0.6% to 2.4% across various indices. The Japanese Nikkei 225, Australia's S&P/ASX 200, South Korea's Kospi, Hong Kong's Hang Seng, and the Taiex in Taiwan
High technology industry
Bitdeer Technologies Group, a world-leading technology company for blockchain and high-performance computing, has announced its unaudited mining and operations updates for July 2024. The company has made significant progress in its strategic initiatives in Bitcoin mining and HPC/AI, with various projects and expansions on track to meet their energization
Commodity futures
NANO Nuclear Energy Inc., a vertically integrated advanced nuclear energy and technology company, has joined the University of Cambridge Nuclear Industry Club (CNIC) to cultivate the next generation of professionals in the nuclear energy industry. The collaboration aims to advance research and education in nuclear energy at the University of
High technology industry
In recent months, large tech companies have been laying off thousands of workers, with many citing the need to fund massive investments in AI technologies. While AI is expected to create new job opportunities, its rollout has also led to job cuts and a shift in business models. As a
High technology industry
India's generative AI startup investment saw a remarkable two-fold increase in the first six months of 2024 (January-June) compared to the second half of 2023 (July-December). This surge in investment comes as India's top IT companies, such as Accenture and TCS, are now preparing strong use
Health care industry
As the healthcare landscape continues to evolve, the incorporation of artificial intelligence (AI) has become a crucial component in driving innovation and improving patient outcomes. The advent of AI technologies has accelerated in recent years, with health tech startups, healthcare organizations, biopharma companies, and medtech giants exploring various applications. From
Artificial intelligence
As the US tech industry enters its latest earnings season, a growing sense of unease is emerging over the sustainability of the recent investment boom in generative AI. Despite the promising potential of this emerging technology, the current landscape suggests that the hype may be outpacing actual demand. The stock
Artificial intelligence
As the latest earnings season begins for US tech companies, the valuation of tech stocks on Wall Street has reached a fever pitch. The investment boom in generative AI, triggered by the technology's breakthroughs, has all too visible. However, it takes time for the new capacity to be
High technology industry
US stocks traded mostly lower on Monday, driven by a continued sell-off in technology stocks, led by Nvidia, which dropped 5% and is down 14% from its record high amid profit-taking after a 143% year-to-date rally. Investors are now focusing on PCE inflation data set to be released Friday morning.
Financial markets
Han'S Laser Technology Industry Group has been placed at Level 2, indicating a low trading risk level with a minimal likelihood of downward price swings. This evaluation is based on a re-adjusted and calibrated risk assessment criteria, influenced by the COVID-19 pandemic's impact on China'
