Tuesday’s trading session saw Microsoft close at a record high of $360.53 on the back of renewed growth expectations from a significant artificial intelligence partner. The software maker’s market value has increased by 1.12% per day to approximately $2.68 trillion. All the main American indexes saw gains for the day; the S&P 500 saw its…
The United Kingdom’s government announced that it will invest £225 million, or $273 million, in artificial intelligence supercomputer. This move underscores the nation’s goal of becoming the technological leader as it tries to catch up to China and the United States. The supercomputer, named Isambard-AI after the British engineer of the 19th century, Isambard Brunel,…
In a consultation paper, the U.K. government confirmed its intentions to regulate the cryptocurrency market, stating that it hopes to introduce formal legislation by 2024. The government released a response to a consultation paper that contained suggestions for regulating the cryptocurrency sector and was published earlier this year. The government stated in the paper that…
Activision Blizzard’s $69 billion acquisition by Microsoft has been completed, the company announced in a regulatory filing on Friday. It’s the biggest deal Microsoft has ever made in its 48-year history, and it comes after the company allayed regulators’ concerns about competition in the U.K. and Europe and won a favorable decision from a U.S….
