Technology News
Cell Impact receives order worth SEK 18 million
Swedish company Cell Impact AB has been awarded a 30-month contract involving the production of flow plates, tools, and fixtures. The contract is set to commence this month with deliveries expected to continue until mid-2026.
By Globe Banner | Mar 11, 2024
Pew Charitable Trust announces new Fellows in Marine Conservation
The 2024 Pew fellowship in marine conservation has been awarded to scientists from six countries: the Philippines, Denmark, the United Kingdom, Canada, and the United States.
By Globe Banner | Feb 28, 2024
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UAE Advanced Technology Research Council teams up with Uzbekistan’s Ministry of Digital Technologies to accelerate adoption of Falcon AI
By Globe Banner | Feb 22, 2024
Uzbekistan’s Ministry of Digital Technologies has announced plans to explore and encourage the adoption of Falcon large language models (LLMs) and solutions powered by Falcon artificial intelligence (AI). In this endeavour, they will be supported by the United Arab Emirates' Advanced Technology Research Council (ATRC), which will provide technical expertise for the integration of AI in government services and technological infrastructure.
Uruguay Foreign Minister Omar Paganini participates in signing of Artemis Accords
By Globe Banner | Feb 16, 2024
Uruguay has become the 36th nation to join the Artemis Accords, a ceremony marking this event took place earlier this week. The Artemis campaign, led by NASA, aims to send the first person of color, the first woman, and its first international partner astronaut to the moon.
S&P Global announces generative AI search on the S&P Global marketplace
By Globe Banner | Feb 8, 2024
S&P Global has announced a new feature for its marketplace this week, aiming to simplify the search process with Generative AI-enabled search. This technology is expected to enhance the user experience by making it easier to find desired information on the platform.
Sierra Space lands contract from Space Development Agency for missile warning and tracking satellites
By Globe Banner | Jan 16, 2024
The company, Sierra Space, has secured a contract to construct 18 satellites intended for missile warning and tracking. Under the agreement, Sierra Space will design, produce, and deliver 16 missile warning and tracking satellites along with two additional satellites specifically built for missile defense and fire control.
Wiseband joins forces with Rivada Space Networks to expand in the Middle East
By Globe Banner | Jan 12, 2024
Satellite services firm Wiseband has formed a partnership with Rivada Space Networks to deliver secure internet connections across the Middle East. This strategic alliance is anticipated to broaden Wiseband’s connectivity initiatives from the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Kuwait, and Egypt, to emerging markets within the region.
Quebec-based LeddarTech trades on NASDAQ following merger with Prospector Capital Corp
By Globe Banner | Dec 31, 2023
LeddarTech, an automotive software company, recently announced the completion of its business combination with Prospector Capital Corp. The trading of LeddarTech stock on the Nasdaq Global Market commenced last week.
Mediwave unveils AI-powered ambulance
By Globe Banner | Dec 18, 2023
In a collaboration with 1990 Suwa Seriya, Mediwave has launched an ambulance designed to enhance emergency care through what the company terms as "Mixed Reality and Artificial Intelligence." This innovative ambulance service was recently unveiled in Sri Lanka.
U.S. Silica names new Vice President, Chief Accounting Officer and Controller
By Globe Banner | Dec 15, 2023
US Silica recently announced the appointment of Gene Padgett, who is set to join the team in the coming week. According to a press release issued by the company, Padgett has previously held similar roles at Valmont Industries.
UK Competition and Markets Authority opens investigation into Microsoft’s partnership with OpenAI
By Globe Banner | Dec 11, 2023
The Competition and Markets Authority (CMA) disclosed on Dec. 8 that it would be probing the partnership between a software company and an AI firm, which they believe has created a merger under the Enterprise Act of 2002. The authority will also examine how this situation might impact competition in UK markets for goods or services.
Columbia professor: ‘Binance's net contribution to a more inclusive financial system is something to be commended’
By Globe Banner | Nov 29, 2023
Omid Malekan, an author and adjunct cryptocurrency professor at Columbia Business School, said in a Nov. 22 post on X that Binance, the largest crypto exchange in the world, has been more successful than many traditional financial institutions in expanding financial inclusion to underserved populations. The platform's wide reach and user-friendly tools are key components of this success.
OpenAI reverses course on CEO Altman ouster
By Globe Banner | Nov 22, 2023
Following intense internal negotiations, Sam Altman will resume his role as CEO at OpenAI. This change is in response to pressure from employee dissatisfaction and Microsoft's proposal to Altman. OpenAI's posted to X late November 21 and confirmed Altman's return and a revamped board.
Broadcom finalizes acquisition of VMware
By Globe Banner | Nov 22, 2023
Broadcom finalized a deal with VMware that acquires the cloud computing software provider into the ownership of Broadcom for $69 billion. This landmark deal, completed in 2022, saw one of the world's leading infrastructure technology companies significantly expand its portfolio.
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Sam Altman reinstated to OpenAI as CEO
By Globe Banner | Nov 22, 2023
With an artificial intelligence boom on the verge, OpenAI finally reinstates former CEO Sam Altman to the head of the company only days after his initial firing. This recent development has been brought forward amidst speculation and scant transparency regarding Mr. Altman's dismissal.
Emmett Shear named interim CEO for OpenAI, while the board regrets the ousting of Altman
By Globe Banner | Nov 20, 2023
``` Reuters reports that OpenAI recently called Emmett Shear, the former CEO of Twitch, to be the interim chief executive in place of Sam Altman. This change was necessitated due to a controversy surrounding Mr. Altman's exit from the company. The departure of Sam Altman from OpenAI has sparked notable reactions within the company. According to a Thomson Reuters article, today, almost every...
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Sam Altman unlikely to return to his position as CEO at OpenAI
By Globe Banner | Nov 20, 2023
``` BBC reports that the former CEO of OpenAI, Sam Altman, has recently posted a photo of himself at the company's headquarters; however, it is unlikely that he will make his way back ever again. This recent development has emerged amidst significant leadership changes at OpenAI. Altman's controversial departure from the company he helped establish has been closely monitored by various media outlets. According to a BBC article, Sam Altman posted on X a picture of...
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OpenAI board called to resign and reinstate CEO Sam Altman
By Globe Banner | Nov 20, 2023
BBC reports that employees of the artificial intelligence company OpenAI are calling for the board of the company to resign after the firing of former CEO Sam Altman. This comes in light of allegations that his dismissal was a deliberate attempt by the board to undermine the company.
Sam Altman, OpenAI CEO, explains new returns for the ChatGPT bot
By Globe Banner | Nov 19, 2023
Reuters reports that the CEO of OpenAI, Mr. Sam Altman, who was recently fired from the position, is now saying there is a possible return for the ChatGPT bot. The turmoil at OpenAI has left investors and employees alike anxious about the future of the company.
At a CAGR of 6.61%, the aircraft engine compressor market grows
By Globe Banner | Nov 18, 2023
Technavio reports that the aircraft engine compressor market is to grow by $11.73 billion from 2023 to 2028, driven by an increase in aircraft deliveries. This growth rate is largely attributed to the increased demand for new aircraft engines amidst a surge in air traffic and aviation expansion in key economic countries.