The European Union has released an update that states that it will be granting AI startups access to processing power for model training on the bloc’s supercomputers, and France’s Mistral AI is already engaged in a pilot phase. However, an early conclusion
The report emphasizes the need for Romania to spend more efficiently. It suggests implementing spending reviews, like those conducted in OECD countries, particularly focusing on healthcare and education sectors for 2023. However, the report cautions against drastic public spending cuts in a
Figma and Adobe had announced plans for an acquisition 15 months ago. This move was seen as a significant consolidation in the digital design industry, aiming to combine the strengths of both companies to better serve their respective communities. However, the journey towards this
Intel CEO Pat Gelsinger expressed confidence in Intel’s future during a Yahoo Finance interview, positioning the company for what he describes as one of the greatest turnaround stories. Gelsinger highlighted the company’s focus on ramping up its AI chipmaking, specifically mentioning the
After years of extensive discussions among member states and members of the European Parliament, a landmark agreement has been reached on regulating Artificial Intelligence (AI) within the European Union. This agreement, hailed as a pioneering step in the digital world, aims to
The report identifies renewable energy, transportation, and finance as key sectors for encouraging private sector-led accelerated growth. Romania can build upon the success of its burgeoning IT sector and further support the services sector by improving digital skills. The private sector can
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