PwC says Israel tech deals hit 10-year low

PwC says Israel tech deals hit 10-year low

Israeli tech deals and public offerings hit a 10-year low in 2023 after the war, months of protests and a global recession hit local industries. According to a report, this year there were 45 deals worth $7.5 billion for Israeli tech companies, compared to $16.9 billion last year. PricewaterhouseCoopers LLP, This was the lowest total […]

Bank of England to review AI risks to British financial system

Bank of England to review AI risks to British financial system

The Bank of England warned that the widespread adoption of artificial intelligence could introduce systemic risk to the financial system and said it would review how to address the threat in 2024. While the British central bank said AI and machine learning could bring significant benefits to UK financial services, it stressed that regulation must […]

HHS cyber attack at the start of COVID in 2020 was bigger than first estimated

HHS cyber attack at the start of COVID in 2020 was bigger than first estimated

On March 15, 2020, just days after the US declared a national emergency due to the COVID-19 pandemic, computer networks U.S. Department of Health and Human Services Disappeared from the internet for a short time. In public remarks the next day, HHS Secretary Alex Azar Blamed the 10-minute outage on a cyberattack, but downplayed its […]

Meta Platform, IBM form industrywide AI alliance to share technology

Meta Platform, IBM form industrywide AI alliance to share technology

By Alex Barinka Meta Platform Inc. and International Business Machines Corp. are joining forces with more than 40 companies and organizations to form an industry group dedicated to open source artificial intelligence work, with the goal of sharing technology and reducing risk. The alliance, called AI Alliance, will focus on responsible development of AI […]

SpaceX plans to demonstrate NASA refueling for next Starship launch

SpaceX plans to demonstrate NASA refueling for next Starship launch

SpaceX’s next-generation Starship spacecraft is set to launch with its powerful Super Heavy rocket on November 15, 2023, from the company’s Boca Chica launchpad on an unmanned test flight near Brownsville, Texas, US. Joe Skipper reuters SpaceX may attempt a significant demonstration for NASA during the third test flight of its giant Starship rocket, according […]

Sanofi turns to Acemia AI for help with drug development

Sanofi turns to Acemia AI for help with drug development

French pharmaceutical technology company achemia Reaches multi-year research collaboration agreement worth up to $140 million with industry giant Sanofi SAAccording to a statement. As part of the multi-year agreement, Acmea will design innovative drug molecules using its generative AI and deep physics algorithms and platforms, the statement said. Unlike other AI-powered platform technologies that require […]

Chinese rocket startup resumes launches after its first failure

Chinese rocket startup resumes launches after its first failure

One of China’s leading space startups launched two satellites into orbit, putting the company’s ambitious plans back on track after its first rocket failure in September. A Ceres-1 rocket from Galactic Energy Aerospace Technology Company The launch took place at 7:33 a.m. local time on Tuesday from the Jiuquan Satellite Launch Center in northern China, […]

Know the expected specifications and more

Know the expected specifications and more

Photo: OnePlus 12 smartphone Chinese electronic brands oneplus OnePlus is set to unveil its next-generation flagship smartphone – OnePlus 12 – in China today ahead of its expected global launch in January. The company has already confirmed several key features and specifications along with a first-look teaser of the smartphone ahead of its official launch. […]