Market News

U.S. Pentagon CTO Narrows Critical Technology Focus to Six Areas with AI as a Top Priority

The U.S. Pentagon’s Chief Technology Officer (CTO) has streamlined the Department of Defense’s critical technology areas from 14 to 6, spotlighting AI alongside lasers, quantum, logistics, and hypersonic

Baidu Unveils ERNIE 5.0, a Powerful Omni-Modal AI Foundation Model with Multimodal Understanding and New AI Products

Baidu launches ERNIE 5.0, its latest AI foundation model processing text, images, audio, and video for advanced reasoning and generation. Alongside, Baidu introduces a self-evolving AI agent Famou and up

Nvidia Palantir and AI Giants Drive Market Rally as Wall Street Roars Back

Nvidia and Palantir led a powerful Wall Street rebound as AI-driven stocks soared, restoring investor confidence after a turbulent week and amid optimism on resolving the U.S. government shutdown.

Morocco Continues to Guide Africa’s Digital and AI Transformation with Strategic Initiatives

Morocco leads Africa’s digital and AI revolution through landmark legislation, strategic partnerships, skill development, and infrastructure investments aligned with its Digital Morocco 2030 vision.

U.S. Government Approves Nvidia Chip Export to UAE Advancing Global AI Hardware Access

The U.S. has authorized Nvidia's export of advanced AI chips to the UAE, enabling major AI infrastructure expansion and strengthening geopolitical ties through technology collaboration.

Global Firms Slash Over 25,000 US Jobs in October Amid AI Transformation and Market Woes

Major global companies, including Amazon, Meta, and Intel, announced widespread job cuts exceeding 25,000 in the US this October, driven by AI adoption and weak market sentiment impacting corporate restr

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