Three European entrepreneurs propose a groundbreaking undersea energy interconnection to link Europe with North America. Touted as the world’s largest subsea energy interconnection, this ambitious project aims to transfer renewable electricity bi-directionally, leveraging the sun’s movement across the sky. Project Overview The
Meta and IBM have launched an AI alliance of over 50 companies and research institutions to promote open innovation and open science in AI. According to IBM News Room, to do that, the AI Alliance plans to start or enhance projects that
Meta has been issued another official request for information from European Union regulators, urging the company to provide additional details regarding its actions in addressing child safety concerns on Instagram. This includes specific information on how Meta is addressing risks associated with
Tik Tok really wants to play nice with European regulators. Part of this strategy is to invest €12 billion in the construction of its previously announced data center in Norway. In recent years, the short-form social video platform has been trying to
The Competition and Markets Authority (CMA) has preliminarily concluded that Adobe’s proposed $20 billion acquisition of the cloud-based product design platform Figma would have a negative impact on the product design software market. Consequently, the authority has effectively halted the deal until
The New York Times reports that on Thursday, advertisers announced that they had no intentions to return X, the social media company formerly known as Twitter. This decision follows an incident where the platform’s owner, Elon Musk, insulted brands by using swear
OpenAI has reinstated Sam Altman as its Chief Executive Officer. This decision comes just a week after Altman was dismissed by the board of directors. The reinstatement is part of a broader restructuring that includes the formation of a new board of
Recent developments at OpenAI have taken a dramatic turn as shareholders, including major backers like Microsoft and investment fund Thrive Capital, are making efforts to overturn the dismissal of CEO Sam Altman. This move comes after a number of researchers announced their
“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company board said in its blog post. “The board no longer
Financial Times reports that OpenAI intends to seek additional financial support from its major investor, Microsoft, as CEO Sam Altman advances his vision to create artificial general intelligence, aiming for computer software that matches human intelligence. During an interview with the Financial
In a recent development, Romania’s National Agency for Fiscal Administration (ANAF) has published a guide outlining new methodologies for taxing salaries in the Information Technology (IT) sector. This guide references changes in the social insurance contribution (CAS) rate, specifically addressing the reduction