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Category AI investment

MainNewsAI investment
European Court of Auditors Criticize EU for Failing to Coordinate AI Investments

European Court of Auditors Criticize EU for Failing to Coordinate AI Investments

European Court of Auditors criticizes the European Commission for failing to effectively coordinate AI investments, widening the gap with the US.
May, 29, 2024
3 min read
by CryptoPolitan
SoftBank Dumps Alibaba Shares to Pursue AI Investments

SoftBank Dumps Alibaba Shares to Pursue AI Investments

SoftBank Group has sold its entire stake in Alibaba Group Holding and is channeling those funds towards U.K. chip designer Arm Holdings, in what th...
May, 13, 2024
2 min read
by CryptoPolitan
Microsoft to Invest $1.7 Billion in Cloud, AI in Indonesia

Microsoft to Invest $1.7 Billion in Cloud, AI in Indonesia

Microsoft has announced plans to build and improve cloud and AI infrastructure in Indonesia with $1.7 billion, just weeks after it made a similar p...
Apr, 30, 2024
2 min read
by CryptoPolitan
Thomson Reuters Says It Has $8 Billion to Invest in AI

Thomson Reuters Says It Has $8 Billion to Invest in AI

Thomson Reuters is making a significant push into artificial intelligence (AI), having announced it has a massive $8 billion war chest for acquisit...
Mar, 12, 2024
2 min read
by CryptoPolitan
Abu Dhabi Bets Big on AI With New $100 Billion Ambition

Abu Dhabi Bets Big on AI With New $100 Billion Ambition

Abu Dhabi has set up a new investment firm, MGX, to pursue investment deals primarily on artificial intelligence in the UAE and internationally.  A...
Mar, 11, 2024
2 min read
by CryptoPolitan