BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. AI models, especially those used for deep learning and large-scale data processing, require substantial computational power, leading to higher energy consumption. The computing requirements for AI have...
Day: <span>19 September 2024</span>
Post
Post
Formula 1 welcomes Santander as Official Retail Banking Partner
Formula 1 announced that Santander, Spanish bank will become its Official Retail Banking Partner in a multi-year deal starting in 2025. The announcement comes after the lender ended its 3 year partnership with F1 team Ferrari. According to both parties, the partnership will reflect the shared commitment to innovation between the two companies and a...
Post
ChatGPT maker says its new AI model can reason and think ‘much like a person’
OpenAI has unveiled a new artificial intelligence model that it says can “reason” and solve harder problems in science, coding and math than its predecessors. The model, the first in a series called OpenAI o1, was released Thursday as a preview, with the firm saying it expects regular updates and improvements. It will gradually become available...
Post
São Tomé and Príncipe Government and Afrexibank to host Investment Forum aimed at promote trade
With an eye on promoting trade, investment and financing opportunities in São Tomé and Príncipe, African Export-Import Bank (Afreximbank), in partnership with the Government and the Promotion, Commerce and Investment Agency (APCI) of São Tomé and Príncipe are hosting the “São Tomé and Príncipe Investment Forum.” The forum is expected to attract about 150 participants and will...