AI Growth

Google logo on office building
Alphabet Nears Historic $4 Trillion Milestone as AI Momentum Surges

Alphabet moved steadily toward a historic $4 trillion market valuation on Tuesday, and the climb…

MGX announces Aligned Data Centers acquisition"
MGX, AIP, and BlackRock GIP to Acquire Aligned Data Centers for $40B

MGX, the Artificial Intelligence Infrastructure Partnership (AIP), and BlackRock’s Global Infrastructure Partners (GIP) have agreed…

Alibaba logo at expo booth
Alibaba Plans $3.2B Convertible Bond to Boost Cloud and AI Growth

Plans to raise $3.2 billion through a zero-coupon convertible bond aim to fund international growth…

Larry Ellison smiling at event
Larry Ellison Briefly Surpasses Elon Musk as World’s Richest After Market Surge

Larry Ellison momentarily overtook Elon Musk as the world’s richest person after a surge in…

Modern skyscrapers and UAE flag in Abu Dhabi.
Abu Dhabi’s AI Sector Grows 61%, Leading MENA Innovation

Abu Dhabi’s artificial intelligence (AI) sector is expanding at an unprecedented pace, strengthening its role…

Google logo sign glowing in summer sunlight
AI-Driven Growth Propels Google to $96.4 B Q2 Revenue

Google’s AI initiatives have gained significant traction. Its AI chatbot, Gemini, now boasts over 450…

ChatGPT interface showing user prompts and responses
ChatGPT’s Explosive Growth: 2.5 Billion Prompts Sent Daily

OpenAI revealed to Axios that ChatGPT users send about 2.5 billion prompts every day worldwide.…

Nvidia Defies AI Slowdown Concerns with Strong Growth Forecast and Blackwell Chip Demand
Nvidia Defies AI Slowdown Concerns with Strong Growth Forecast and Blackwell Chip Demand

Nvidia (NVDA.O) has reaffirmed its dominance in the artificial intelligence (AI) chip market, projecting robust…

AI Investments Skyrocket by 62% to $110 Billion in 2024 Amid Broader Startup Funding Decline
AI Investments Skyrocket by 62% to $110 Billion in 2024 Amid Broader Startup Funding Decline

Venture capitalists are continuing their strong push into artificial intelligence (AI), pouring record-breaking amounts into…

UAE ranks among the top 10 nations for AI companies per capita, showcasing its AI sector growth.
UAE Ranks Among Top 10 Nations with Highest AI Companies Per Capita

The UAE has secured a position among the top 10 nations globally with the highest…