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Tesla to spend USD 10 billion on AI this year
Updated : 2 years, 2 months ago IST
The Tesla CEO and SpaceX founder informed in a post on 'X'- "Tesla will spend around $10B this year in combined training and inference AI, the latter being primarily in car. Any company not spending at this level, and doing so efficiently, cannot compete".
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Bin Touq, Estonian counterpart explore potential avenues for expanding coo
Updated : 2 years, 2 months ago IST
Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, includin
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Mohammed bin Rashid approves designs, start of work on new AED128 billion
Updated : 2 years, 2 months ago IST
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the strategic plan of the Dubai Aviation Engineering Projects and approved designs for the new passenger terminal at Al Maktoum International Airport, which will be the largest in the world whe
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Ariana Grande teases fans with sneak peek into studio sessions for next si
Updated : 2 years, 2 months ago IST
Pop sensation Ariana Grande is keeping her fans on the edge of their seats with exclusive behind-the-scenes glimpses into the creation of her chart-topping hits.
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AdaniConneX sets benchmark with construction financing framework of USD 1.
Updated : 2 years, 2 months ago IST
AdaniConneX, a 50:50 joint venture between Adani Enterprises and EdgeConneX, has established India's largest sustainability linked financing to raise up to USD 1.44 billion.
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Pakistan: Electricity bills to rise as govt set to privatise power distrib
Updated : 2 years, 2 months ago IST
The Pakistani government has finalised a plan to privatise profit-making power distribution companies (Disco), adding that electricity prices are likely to go up reported ARY News, citing sources.
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UAE Minister of State for Foreign Trade Thani Al Zeyoudi holds talks with
Updated : 2 years, 2 months ago IST
The discussions centred on identifying sectors of particular promise, with a focus on increased collaboration in digitisation, advanced technologies, AI and health-tech.
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Pakistan: Opposition boycotts Punjab assembly over wheat procurement polic
Updated : 2 years, 2 months ago IST
Opposition members in the Punjab Assembly boycotted house proceedings on Friday to show solidarity with wheat growers. They also announced plans to launch a protest on Monday against what they termed the poor wheat procurement policy of the incumbent government.
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ADB operations reach USD23.6 billion in 2023, achieve record climate finan
Updated : 2 years, 2 months ago IST
The Asian Development Bank (ADB) committed USD 23.6 billion from its own resources in 2023, including USD 9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development.
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India emerges as global e-commerce powerhouse: Projected to surpass USD 80
Updated : 2 years, 2 months ago IST
According to Invest India, with 881 million users, India has the 2nd largest Internet user-base globally, and set to become the 3rd largest online retail market by 2030.
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Indian auto industry poised to reach USD 300 Billion by 2026; Revving up f
Updated : 2 years, 2 months ago IST
In March 2024, the Indian auto industry produced a total of 2,325,959 units, covering Passenger Vehicles, Three-wheelers, Two-wheelers, and Quadricycles.
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ADDED reveals AED11 billion investment opportunities in transportation ind
Updated : 2 years, 2 months ago IST
The Abu Dhabi Department of Economic Development (ADDED) has issued a new guide outlining investment opportunities with high growth potential in Abu Dhabi's transportation industries.
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