Leading South Korean manufacturing and technology companies are investing in Config, a fast-growing startup focused on building data systems for robotics artificial intelligence. The Seoul- and San Jose-based company recently secured $27 million in an oversubscribed seed funding round led by Samsung Venture Investment. The investment pushed Config’s valuation beyond $200 million and increased its…
Ooredoo Group has reported strong financial results for the first quarter of 2026, with profits rising as demand for telecom and data services continued to grow across several Middle Eastern markets. The company announced that net profit attributable to shareholders increased by 5% compared to the same period last year, reaching more than QR1 billion…
Vercel is showing strong growth as artificial intelligence continues to transform how applications are created. The company’s CEO, Guillermo Rauch, recently indicated that the company is preparing for a potential initial public offering (IPO), supported by rapid revenue expansion driven by AI-generated apps. Speaking at a recent technology conference in San Francisco, Rauch highlighted how…
Recent data from LinkedIn shows that global hiring has declined by around 20% since 2022. However, the company says artificial intelligence is not the main reason behind this slowdown—at least for now. Speaking at a global economic event, Blake Lawit explained that while hiring activity has dropped, there is no clear evidence that AI is…
Finland has decided to delay its plan to move the country’s election system to Amazon Web Services (AWS), choosing instead to keep the platform on domestic servers for the time being. The decision comes after a review by the country’s Justice Ministry, which raised concerns about the changing global political environment and the importance of…
Meta has announced that it is rolling out new artificial intelligence systems to improve content enforcement across its platforms. The company also said it plans to reduce its dependence on third-party vendors by using more advanced internal technology to monitor harmful content. Content enforcement includes detecting and removing posts related to terrorism, scams, illegal drugs,…
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry\’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic…
