Oil & Gas Digital Transformation Conference & Exhibition | PTN Events

CIOCoverage is an official Media Partner with Oil & Gas Digital Transformation Conference & Exhibition starting from Sept 25th 2024. The Oil & Gas Digital Transformation Conference & Exhibition offers unique opportunities to enhance profitability and maximize efficiencies in oil and gas production. Join our exclusive event on the horizon, featuring top-notch content and thought …

Cohere Raises $450 Million in Funding Round, Eyes $5 Billion Valuation

Canadian AI startup Cohere has successfully obtained $450 million in funding. The investment comes from returning backers like Nvidia and Salesforce Ventures, along with new supporters such as Cisco and PSP Investments, a Canadian pension fund, according to a source with knowledge of the deal. This investment completes the initial phase of Cohere’s extensive fundraising …

SoftBank Group to Boost U.S. Power Generation for Global AI Projects, Seeks Major Investments

Japan’s SoftBank Group plans to enhance its power generation operations, primarily in the United States, to support global generative artificial intelligence projects, founder Masayoshi Son announced in June 2024. SB Energy, backed by SoftBank Group, focuses on developing and running renewable energy projects across the United States. Son also indicated that the group would be …

Meta Launches AI-Powered Ads and Business Chatbot on WhatsApp, Integrates Brazil’s PIX Payment System

Meta has introduced a new AI-powered advertising program on WhatsApp, aiming to generate revenue from the widely-used messaging platform, the company revealed during a conference in Brazil on Thursday. Mark Zuckerberg, CEO of Meta, unveiled the new features through a video presentation at the event. This development represents a significant pivot for WhatsApp, which is …

Elon Musk Announces Plans to Build ‘Gigafactory of Compute’ Supercomputer for xAI, Sets 2025 Goal

Tech billionaire Elon Musk has announced to investors his intention to construct a supercomputer, referred to as the ‘gigafactory of compute,’ aimed at advancing the capabilities of his AI venture, xAI, according to a report by an industry news source on May 25, 2024. Musk’s ambitious plan involves assembling a system using 100,000 Nvidia chips. …

10th Annual Digitalization in Oil & Gas Conference 2024

CIOCoverage is an official Media Partner with 10th Annual Digitalization in Oil & Gas Conference 2024 starting from Sept 4th 2024. The 10th Annual Digitalization in Oil and Gas continues to explore the intersection between digitalization and decarbonization and the transformation required across the sector to remain relevant, resilient and achieve business value. Building for …

The Future of UK Connectivity | Connected Britain 2024

CIOCoverage is an official Media Partner with Connected Britain 2024 starting from Sept 11th 2024. We’ve been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the …

Experts Warn of AI Risks: Global Efforts to Regulate Advancements and Ensure Safety

According to a panel of leading experts, including two pioneers of AI often referred to as the “godfathers” of the field, the world is not adequately prepared for advancements in artificial intelligence. They criticize the lack of substantial regulatory progress by governments.  The experts argue that the move towards autonomous systems by technology companies could …

Jeff Bezos’ Blue Origin Resumes Tourist Spaceflights with First Launch Since 2022 Engine Issue

On 19th May, Blue Origin, established by billionaire Jeff Bezos, launched six passengers from West Texas to the brink of space. This event was the company’s first manned flight since it halted operations in August 2022 following an engine mishap. Key Insights On 19th May at 10:36 a.m. ET, Blue Origin’s NS-25 mission successfully launched …

Microsoft Introduces AMD Option for Cloud Customers as Alternative to Nvidia AI Processors

Microsoft announced plans to provide its cloud computing clients with AMD’s artificial intelligence chips, positioning them as competitors to Nvidia’s offerings. The details will be unveiled at the upcoming Build Developer Conference. Additionally, Microsoft will introduce a preview of its new Cobalt 100 custom processors at the same event. Microsoft plans to distribute Advanced Micro …