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OpenAI partners with Google Cloud to enhance AI computing capabilities
OpenAI has partnered with Google Cloud to enhance its AI development capabilities, reducing reliance on Microsoft’s Azure. This collaboration highlights a shift in tech rivalries, as companies navigate the high demands of AI computing while exploring additional partnerships with Oracle and CoreWeave. Google's cloud unit is balancing support for AI competitors with its own product development, aiming to position itself as a leading provider in the evolving landscape.
Societe Generale to introduce new dollar-pegged stablecoin initiative
Societe Generale is set to launch a dollar-pegged stablecoin, marking a significant move in the financial sector. This initiative reflects the growing interest in digital currencies and their integration into traditional banking systems. The stablecoin aims to provide stability and efficiency in transactions.
hollywood quotes to inspire dubai real estate investors in 2025
In 2025, Dubai real estate professionals can draw inspiration from iconic Hollywood quotes that emphasize strategic boldness, calculated risk, and unwavering belief. These quotes serve as mindset tools, guiding agents to negotiate effectively, sell visions, and build authentic relationships in a competitive market. Embracing these principles can lead to success in closing deals and expanding investment portfolios.
AMD engages India for local GPU development with significant investment plans
AMD is currently in discussions with India to enhance its indigenous GPU capabilities. The company is on track with a significant investment of $400 million aimed at bolstering its presence in the region.
innovative startups secure funding to tackle water scarcity and enhance quality assurance
Thunder Code, co-founded by Jouini and Othmani, aims to revolutionize QA with features like natural language test creation and AI-driven CI/CD pipelines, claiming to cut testing time by 90%. Meanwhile, Tunisian startup Kumulus Water has raised $3.5 million to scale its technology that converts air into drinking water, addressing water scarcity sustainably. EIGHTClouds, a UAE-based investment firm, has successfully raised $20 million to expand in the food and beverage and hospitality sectors, focusing on consumer-centric brands in the GCC region.
UBS Upgrades Boeing to Buy with Price Target of 245 Dollars
Swiss bank UBS has upgraded Boeing's rating to "Buy," setting a price target of $245. Analyst Gavin Parsons noted that the company's order and delivery figures for May suggest that the total value of orders for the year could reach $230 billion.
UBS Upgrades Boeing to Buy Amid Market Uncertainties
UBS has upgraded Boeing Co to a 'Buy' rating, signaling a positive outlook for the company. However, the information provided is for informational purposes only and does not constitute a recommendation to buy or sell securities. Investors are reminded of the risks involved, including the potential total loss of capital.
Vast Data seeks 25 billion dollar valuation in latest funding round
Vast Data, an AI storage platform, is reportedly targeting a valuation of $25 billion in its upcoming funding round. This ambitious goal highlights the company's growth and potential in the rapidly evolving tech landscape.
Morgan Stanley CEO expresses optimism as deal pipelines remain strong
Morgan Stanley's CEO expressed strong enthusiasm for the company's business prospects, highlighting the resilience of deal pipelines. This optimism reflects confidence in ongoing market opportunities and the firm's strategic positioning in a dynamic financial landscape.