Author: Follow Team

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Chinese AI S tartup Manus Secures $500 MLN in Funding Chinese AI startup Manus, which is building tools related to AI agents, has secured $75 million in a funding round led by Benchmark at a valuation of about $500 million, according to Bloomberg. Bloomberg reported, citing people familiar with the matter, that the company will use the funds…

In a strategic move to bolster the space industry and technology in Egypt, the New Administrative Capital witnessed the inauguration of the headquarters of the African Space Agency in the new Space City. This marks a significant milestone in the continent’s journey towards space exploration and the utilization of its sciences to serve sustainable development goals. It also underscores Egypt’s strength through serious investment in this vital sector, aiming for a foothold and a fair share in this promising industry and its growing returns. The Egyptian state is constructing the Space City on an area of 115 acres to encompass…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Nvidia to Manufacture AI Supercomputers in the US Nvidia is teaming up with manufacturing partners to design and build facilities that will, for the first time, produce complete Nvidia AI supercomputers within the United States. The company has allocated over 1 million square feet of manufacturing space across Arizona and Texas to build and test its new Blackwell…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Google & NVIDIA Back Quantum AI Startup SandboxAQ with $450 MLN Funding SandboxAQ—a quantum AI startup spun off from Alphabet in 2022—has closed a $450 million Series E funding round, bringing its total funding to $950 million. Major industry players like Google, NVIDIA, and BNP participated in the round. The company says it will use the funds to…

The Minister of Communications and Information Technology Amr Talaat has met with a delegation from the Movement of the Enterprises of France (MEDEF), led by Executive Vice President International at Airbus and head of the French business delegation Wouter van Wersch. The discussions focused on attracting new French investments to Egypt’s ICT sector. The meeting took place during French President Emmanuel Macron’s visit to Egypt, as part of ongoing efforts to strengthen economic ties between the two countries and expand cooperation in the field of ICT. The delegation included senior representatives of French companies already operating in Egypt, as well…

International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, opened a state-of-the-art flexible workspace in El Gouna, the fully integrated and sustainable town by Orascom Development in the Red Sea. As the adoption of hybrid working rapidly accelerates across Egypt and the MENA region, the number of enquiries for space in International Workplace Group locations has risen sharply and this new opening helps meet rising demand. The addition of International Workplace Group’s latest location in Regus at El Gouna marks its 18th location in Egypt. Situated in El Gouna’s Fanadir Marina, this…

Microsoft has announced that is launching an exciting initiative called the AI Skills Fest, offering an opportunity for anyone interested in learning about artificial intelligence (AI). To participate, you can sign up by visiting the Microsoft AI Skills Fest registration page. Make sure to provide your details and confirm that you’re over 18. World Record Attempt on the Horizon The main event will take place from 7 April at 23:00 UTC to 8 April at 23:00 UTC, during which Microsoft aims to set a Guinness World Record for the most users completing an online multi-level AI lesson in 24 hours.…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Amazon Tests New AI Shopping Agent Amazon has started testing a new AI shopping agent, branded as “Buy for Me,” with a subset of users, the company announced in a blog post on Thursday. If Amazon does not sell a product that users are searching for, the “Buy for Me” feature will suggest products available on other sites.…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Nvidia in Talks to Acquire Lepton AI Reports indicate that the semiconductor giant is close to finalizing a deal to acquire Lepton AI, a company that rents servers powered by Nvidia’s AI chips, according to The Information. Citing anonymous sources, the site reported that the deal is valued in the hundreds of millions of dollars. Founded two years…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Watch the Video: Germany Unveils Human Robot 4NE-1 to Challenge China and America’s Dominance Neura Robotics, a European robotics company, plans to release its third-generation human robot, the 4NE-1, in June. The company asserts that it will be the best on the market. The German firm specializes in developing advanced robots with sensory capabilities. With the rapid progress…