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Britain attracts new £1 biliion AI investment
US tech firm CoreWeave, a provider of cloud computing services for artificial intelligence, said Friday it will plough £1.0 billion ($1.3 billion) into Britain, the country's latest major AI investment.CoreWeave said in a statement that it had already opened its European headquarters in London as part of its plan for Britain, where it will also establish two data centres next year and further expansion scheduled for 2025. We are seeing unprecedented demand for AI infrastructure and London is an...
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Zoom's Q1 revenue at $1.14 billion, up 3.2%
Zoom Video Communications Inc. unveiled on Monday that its total revenue in the first trimester of its fiscal 2025 amounted to $1.14 billion, rising 3.2% on an annual level.In the three months ending
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Microsoft commits €4 billion to French AI infrastructure and training
France's AI ambitions are getting a boost with Microsoft's €4 billion investment in new data centers, AI training, and support for startups. This commitment aims to position France as a leader in AI.