Wind turbine maker Siemens Gamesa said on Thursday it missed its full-year target as revenue declined, mostly due to delays in project execution and supply chain disruptions hampering production of wind turbine generators.
Egyptian President Abdel Fattah al-Sisi inaugurated a large naval base on Saturday 135 km from the border with Libya, flanked by close ally Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan and Libya's unity president.
Capgemini CEO Aiman Ezzat on Friday dismissed calls for a total technological sovereignty in Europe, at a time when fraying transatlantic relations have stoked concerns about the region's dependence on U.S. tech majors.
Cisco Systems said on Wednesday it was witnessing rebounding demand for its networking equipment and announced a 7% cut in its global headcount to focus on high-growth areas such as AI and cybersecurity.
Amazon Web Service (AWS) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market share of its AI platform Bedrock.
Nvidia on Wednesday published new data showing that its latest artificial intelligence server can improve the performance of new models - including two popular ones from China - by 10 times.
Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger "Grok" this week, days after he sued OpenAI for abandoning its original mission in favor of a for-profit model.
Nvidia on Monday unveiled software aimed at making it easier for businesses to incorporate artificial intelligence systems into their work, broadening the chipmaker's offerings.
French AI startup Mistral is releasing its own "vibe coding" client, Mistral Code, to compete with incumbents like Windsurf, Anysphere's Cursor, and GitHub Copilot. Mistral Code, a fork of the open ...
Mistral AI SAS today debuted Mistral Code, a tool that uses four of its artificial intelligence models to help developers write code faster. Paris-based Mistral AI raised $640 million last year at a ...
Arthur Mensch, founder of Mistral AI, at Station F during the AI Action Summit in Paris, France, on Tuesday, Feb. 11, 2025. France's president Emmanuel Macron said foreign and domestic companies will ...
Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to a person familiar with the matter.
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia and Salesforce Ventures , as well as new investors including Cisco and Canadian pension fund PSP Investments, according to a source familiar the matter.
Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence startups, the latest example of cloud providers trying to capture AI clients from nascent stages.
Britain's antitrust watchdog is scrutinising Google-parent Alphabet's partnership with artificial intelligence startup Anthropic and its impact on competition, the regulator said on Tuesday.
AxeleraAI, one of Europe's few companies making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million) to develop a chip for use in data centres, as part of EU efforts to boost the sector.
The European Commission on Thursday unveiled a draft code of practice aimed at helping firms comply with the European Union's artificial intelligence rules and focused on copyright-protected content safeguards and measures to mitigate systemic risks.
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
Nebius , the Amsterdam-based AI cloud services firm, said on Thursday it is planning to build a new 240-megawatt data centre in Béthune, near Lille in France, that will be one of Europe’s largest when it is finished.
Serbia plans to purchase Rafale multipurpose fighter jets from France, President Aleksandar Vucic said on Monday, which experts saw as the latest sign of Belgrade distancing itself from its traditional military supplier and ally Russia.