November 05, 2023
Google, Amazon and Microsoft Pour $43 Billion Into Cloud Computing...
The world’s cloud computing giants are reportedly upping spending as generative artificial intelligence (AI) takes off. Capital spending by Google, Amazon and Microsoft jumped to a combined $42 billion for the three months up to...
November 05, 2023
MLB Settles Antitrust Lawsuits, Avoids Supreme Court Challenge
Major League Baseball (MLB) has averted a potential U.S. Supreme Court challenge to its antitrust exemption through the resolution of three legal cases brought by minor league teams that lost...
November 03, 2023
Almosafer and Tabby Partner on BNPL for Travel Expenses
Almosafer, a consumer travel brand in Saudi Arabia, has partnered with Tabby, a shopping and financial services app in the Middle East and North Africa (MENA) region, to offer travelers...
November 01, 2023
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made...
October 27, 2023
This Week in AI: Politics, Policies and Payments
As another week has gone by, generative artificial intelligence (AI) continues to work its way further and further into daily life. The only problem, from the perspective of governments and...
October 24, 2023
Google Reports 7x Growth in AI Projects Built on Its...
Google turned 25 this year. The tech giant, now a stem of parent company Alphabet, is hitting the quarter century mark in a new era of innovation demarcated by the...
October 22, 2023
The Week in AI: Copilots, Unicorns and Calls for Oversight
We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm, has already hit a home...
October 20, 2023
OpenAI Valuation Could Hit $86 Billion With Share Sale
OpenAI is reportedly mulling a share sale that would value the company at $86 billion. That figure would raise the ChatGPT-maker’s valuation to around triple what it was six months ago,...
October 18, 2023
MLB Players’ Union Backs Minor League Teams in Supreme Court...
Professional baseball’s player’s union has thrown its support behind a coalition of minor league teams seeking to challenge Major League Baseball’s long-standing immunity from US antitrust law. On Tuesday, the...