Google’s large investments in Artificial Intelligence is followed by a similar direction taken by its parent company Alphabet. Alphabet, the American conglomerate, has been investing in startups in the tech industry. Its corporate data firm AlphaSense just secured another $100 million, making its way up to a valuation of $1.8 billion. With competitors like Bloomberg …
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What was once purely a work of fiction has now become a reality. The world of AI is advancing at warp speed. From your smartphone to your social media feeds, AI is transforming our world and reshaping the way we live our lives. With AI being integrated into more applications, companies are now looking to …
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In March 2023, Silicon Valley Bank (SVB) collapsed, triggering a panic that led to the US government’s Federal Deposit Insurance Corporation (FDIC) taking control of the bank. This marked the most significant banking collapse in the United States since the 2008 financial crisis. Within a week, Signature Bank, a second US regional bank, was shut …
The cost-of-living crisis in the UK continues to worsen as March’s inflation rate stays in double digits, driven by skyrocketing food prices. The annual headline inflation figure of 10.1% exceeded expectations, with the consumer price index nearly a full percentage point higher than projected in February by the Bank of England’s Monetary Policy Committee. Food …
Samsung recently announced that they plan to cut chip production. They experienced one of the worst quarters, with a 96% dip in their operating profit. While last quarter they were at 14.12 trillion won, in the Jan-Mar quarter, they merely managed 600 billion won. This was their worst quarter in the last 14 years. What …
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As the US struggles with an economic crisis, the US CPI data will soon forecast how interest rates and economic policies might change for the nation in the upcoming months. With prices rising through the roof, inflation must be slowed. To prevent a recession, this data will guide economists on how to handle finances of …
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Who doesn’t like playing video games? We’ve all tried our hand at it. But there’s more to this internet gaming than we realize. While initially there was a stigma that playing video games causes aggression, many experts found this an ill-informed perspective. After all, video games are very variable. They can be educational and therapeutic …
Continue reading “New insights into gaming disorder: Is it really a thing?”
Canada is one of the countries with the highest cellular prices. Their carrier and internet charges are expensive. This significantly impacts the country’s GDP because it limits interpersonal and B2B communication. In its attempt to make life easier for its citizens, Canada has struck the biggest telecom deal in its history. Ottawa recently approved the …
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Once again, Russian Foreign Policy seems to have set out to ostracize the West. This time, there’s no subtlety. A 42-page document published on the Kremlin’s website said Russia would ‘oppose all neo-colonist forces with hegemonic aims.’ Of course, this dig was directed towards the United States of America. This feud has been going on …
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Japan recently announced that it would restrict the exports of technological parts like semiconductors. Calling itself a technological nation, they claim to be fulfilling its responsibility toward global peace and stability. Given that we rely on these semiconductors for our daily needs and national security, these new policies can have significant implications for those importing …
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The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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