Amazon has announced a $4 billion investment in Anthropic, an artificial intelligence (AI) firm, further strengthening its commitment to AI and keeping up with the competition from Microsoft and Alphabet’s Google. The collaboration aims to capitalize on the potential of generative AI, with AWS as the primary cloud provider. Anthropic’s selection of Amazon Web Services
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The leadership of Nagorno-Karabakh, a breakaway region internationally recognized as part of Azerbaijan, has announced that the 120,000 ethnic Armenians residing there will leave for Armenia. The decision to leave stems from their unwillingness to live under Azerbaijani rule and fears of ethnic cleansing. This comes after a lightning 24-hour military operation by the Azerbaijani
China’s recent surge in military activities around Taiwan has raised concerns about the potential for accidental clashes and the escalation of conflict, according to Taiwan’s defense minister. Over the past two weeks, Taiwan has witnessed numerous fighter jets, drones, bombers, warships, and even China’s aircraft carrier, the Shandong, operating in close proximity to the island.
The economic landscape is ever-changing, and the latest report from the Canadian think tank Fraser Institute reveals a significant shift in the global rankings of economic freedom. For the first time since its inception in 1970, Hong Kong has been surpassed as the world’s freest economy by Singapore. This change in rankings brings to light
In a landmark deal worth approximately $28 billion, Cisco has announced its acquisition of cybersecurity software company Splunk. This acquisition, Cisco’s largest to date, highlights the company’s commitment to expanding its cybersecurity business and meeting the growing demands of its customers. By capitalizing on Splunk’s advanced technology, which includes artificial intelligence (AI) capabilities, Cisco aims
The Bank of England’s next move in terms of monetary policy is now uncertain, following a surprising downside in August’s inflation numbers. This unexpected turn of events has created uncertainty in the market, with traders reevaluating their expectations for an interest rate hike. The central bank had been widely expected to increase rates by 25
India expelled a senior Canadian diplomat on Tuesday in response to what it called “absurd and motivated” claims that New Delhi had a part to play in an extra-judicial slaying of a Sikh activist in Canada. Prime Minister Justin Trudeau had informed the parliament in Ottawa on Monday that Canadian intelligence agencies had been actively
Investing in today’s economic and geopolitical climate can be challenging and uncertain. U.S. billionaire Ray Dalio, founder of Bridgewater Associates, one of the world’s largest hedge funds, believes that new investors should prioritize diversification to mitigate risks and navigate the complexities of the market. The Significance of Diversification Dalio emphasizes the importance of diversification due
The long-standing conflict between Ukraine and Russia has taken a dangerous turn, with Ukraine allegedly launching a coordinated attack on Crimea. This act of aggression has not only targeted Russian military facilities in occupied Crimea but has also extended to drone strikes in the capital city of Moscow and a fire at an oil depot
North Korean leader Kim Jong Un’s recent visit to Russia has raised concerns among the international community. Accompanied by President Vladimir Putin’s defense minister, Kim inspected various military assets, including nuclear-capable strategic bombers, hypersonic missiles, and warships. The friendly rapport between Russia and North Korea has sparked worries, particularly from the United States and South