Pakistan Allocated Electricity for Bitcoin Mining Data Centres
The Pakistan government took an important step toward transforming the country into a leading power in digital advancement, allotting 2,000 megawatts of electricity to power Bitcoin mining and artificial intelligence (AI) data centres, as the country will legalise cryptocurrency to attract foreign investment. Pakistan’s Finance Minister, Muhammad Aurangzeb, said on
Bain Capital Plans to Sell China Data Center Business Worth $4B
Bain Capital is looking to sell the China business of data centre operator WinTriX DC Group in a deal that could exceed $4 billion, according to two sources familiar with the matter. The U.S. investment firm has enlisted advisers who have held preliminary discussions with potential buyers in recent months.
Top AI Trends in the Consumer Goods Industry
Healthcare, Financing, Manufacturing, Automotive, Education, Entertainment & Media, Agriculture, Real Estate, Travel & Hospitality, and even Cybersecurity — AI, Artificial Intelligence, is everywhere. Think the consumer goods industry has fallen behind? Not at all! AI has also revolutionised the CG sector, introducing groundbreaking trends that are reshaping product development, personalisation,
Chinese Company Creates Smart Tech That Understands You!
In the latest turn of events, Chinese company Baidu launched two AI models to increase its presence in the AI space and rival DeepSeek. Moreover, the company claims they have developed AI models with high emotional intelligence and deep thinking ability. The company mentioned that its AI model, “ERNIE X1
Discover The Best Machine Learning Applications
Machine Learning (ML) is a rapidly growing field within Artificial Intelligence (AI). From healthcare to finance, machine learning has entered various sectors, reshaped how industries operate, improved our daily lives, and even sparked once-impossible innovation. Some of the best machine learning applications are making a difference to the business ecosystem
Amid AI Threats, Philippine Outsourcing Remains Strong
Amid the looming threats of job loss because of artificial intelligence and automation, the Philippine business process management and information technology business will grow at a steady rate of 7%. Moreover, jobs will also grow at a rate of 7% to 1.82 million in 2024, and revenue will reach $38
Vietnam & U.S. Ink MoU on Lastest Technology Trends
In a recent development, Vietnam and the United States signed a memorandum of understanding (MoU) during a business forum in the U.S. to enhance cooperation in energy, artificial intelligence, and data centres. According to the Vietnamese government, the MoUs cover several key agreements, including: Energy technology transfer between Vietnam’s state
Indian Firm Eros Ready to Setup Malaysia’s First AI Park
India-based Eros investment group is set to invest $1 billion to establish Malaysia’s first AI park and movie studio, announced Gobind Singh Deo, Malaysia’s digital minister. The decision was followed by a series of meetings held with business leaders at a conference in New Delhi, where he met Ali Hussein,
AI In Asia: The Technology Is Transforming The Region
AI is no longer a distant concept that the world is unaware of, and Asia is no exception. It is a booming technology, revolutionising the world. Businesses, economics, and society have seen tremendous growth because of AI in Asia. As the region has positioned itself as a key player in
Intel On Mission to Bring AI: India Is Next Powerhouse
Intel is on a mission to expand and implement AI use cases everywhere. Recently, Intel has partnerships with over 117 companies in India, generally higher than in other countries. Overall, India plans to collaborate with local partners and ecosystem players to ensure it becomes a powerhouse in electronic manufacturing. In
