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Intel acquires San Francisco-based start-up SigOpt offering platform to optimize AI software models
Intel announced a new tech acquisition of a San Francisco-based startup developing AI models optimization solution. With the acquisition of San Francisco-based startup SigOpt,...
IBM announced to acquire Red Hat for $34 billion
IBM Corporation announced on Sunday to acquire US software company, Red Hat for $34 billion. The acquisition includes Red Hat's debt and will diversify...
Facebook reported to be working on next generation semiconductors for AI
Social networking giant Facebook is working on the semiconductor chip intended to be used for training deep learning algorithms. According to Facebook's chief artificial...
Budgeted airline Wow Air ceases its operations leaving thousands stranded
The low-cost airline Wow Air today announced to cease its operations with the immediate cancellation of all flights. Sudden decision to stop all the...
Micron coming to India – Production to start by December 2024
Semiconductor giant Micron is coming to India, which will bring 80,000 jobs in India. Company will establish its factory in Gujarat state of India....