Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure in Singapore, the latest global technology company to boost investment in Southeast Asia. The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services (AWS) in Singapore and helps it meet growing customer demand for cloud
“We started Apex to build the extra layers of security that’s needed for enterprises to adopt (AI),” said Apex’s CEO, Matan Derman Reuters Jerusalem Israeli cyber security start-up Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam Altman.
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of attention to small business, as they do during the current Small Business Week (April 28 – May 3). And they also dedicate entire divisions to servicing
Startups in sectors that saw steep funding declines may be getting fresh attention from investors, courtesy of new industry-focused funds that closed this year. In areas from consumer products to apps to gaming, U.S. venture firms have raised fresh capital to invest in industries where funding levels remain drastically below peak. This, along with a
The crypto industry is a hot job market. “We are in a bull market like we’ve never experienced before — there’s going to be so much work for us from a recruiting perspective,” Sam Wellalage, founder at recruitment firm WorkInCrypto.Global, told DL News. DL News pulled together some of the past month’s major crypto employment
One cryptocurrency sector that has been gaining significant traction in recent times is the AI and big data space. According to a recent tweet by Santiment, a leading cryptocurrency analytics platform, the top 100 AI and big data projects have collectively grown their market caps by an impressive 22% in the past week. As the
HighLevel Co-Founder and CEO Shaun Clark [Photo: LinkedIn] Dallas-based software provider HighLevel Inc. has received a minority growth investment from General Atlantic, a global growth equity firm. HighLevel is a provider of AI-powered sales and marketing automation software for marketing agencies, entrepreneurs, and small businesses, and it said the partnership with General Atlantic enables it
A closely followed crypto analyst thinks market participants will seek shelter in a group of altcoins following last week’s marketwide dip. Pseudonymous analyst Altcoin Psycho tells his 501,200 followers on the social media platform X that he sees investors rotating funds into crypto assets with at least $1 billion market caps. According to the analyst,
Saudi Arabia’s government is trying to transform its capital city of Riyadh into an AI hub. AFP via Getty Images When Saudi communications minister Abdullah Al Swaha took the stage of the Leap tech conference in Riyadh in February to boast of the kingdom’s tech ambitions, a centerpiece of the pitch was an accelerator intended
Rocket Mortgage – Rocket Logic getty Detroit-based Rocket Mortgage, a leading mortgage lender in the U.S., has unveiled a groundbreaking AI-powered platform called Rocket Logic. Accelerating loan closing times by an impressive 25%. AI-Driven Automation Streamlines Document Processing Rocket Logic harnesses the power of generative AI, automation and machine learning to gather and process the