Microsoft has released its Small Language Model (SML) Phi-2, a 2.7 billion-parameter language model showcasing exceptional reasoning and language understanding abilities. Phi-2, a Transformer-based model with...
Aditya Birla Group’s metals flagship company Hindalco Industries has announced an investment of INR 800 Cr to set up a battery foil manufacturing facility in Odisha’s...
Saudi Arabian SaaS startup blink has secured a $2.1 million seed funding round, with participation from 500 Global, Global Founders Capital, and existing investors like Orbit...
Epic Games, the creator of the popular game Fortnite, has won a significant legal battle against Google in the US. The jury in the case found...
ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group, part of a pact that lets the Chinese company restart...
According to various media reports, the Biden administration has recently forced the Saudi Aramco venture capital firm to sell its shares in the Silicon Valley-based AI...
Music streaming giant Spotify announced this week that it would reduce the number of its employees by around 17 per cent in a bid to cut...
Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate during the first nine-months of the year. The achievement came...
ADQ, Abu Dhabi’s wholly-owned strategic investment company, and Qazaqstan Investment Corporation (QIC) have launched a co-investment platform. The platform will focus on sectors including food, agriculture,...
At ModCon 2023, Modular, the company behind the Mojo programming language, has officially announced an exclusive collaboration with Amazon Web Services (AWS). The partnership aims to...