Next-Gen Satellite Tech Gets £6.9 Million Boost to Improve Services and Connectivity

Prime Highlights: The UK Space Agency is investing £6.9 million in advanced satellite technology to strengthen Britain’s position as a European space leader. The funding will support five innovative projects…

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Alibaba.com Innovates B2B Market with Subscription Service and Tokenized Payments

Prime Highlights: Alibaba.com launches a new subscription service to help buyers and suppliers find and compare products more easily. The platform is exploring tokenized payments to make cross-border transactions faster…

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Cash App Launches Moneybot AI Assistant, New Bitcoin Tools, and Revamped Green Benefits Program

Prime Highlight Cash App introduced Moneybot, an AI financial assistant that provides personalised insights on spending, income, savings, and investments while adapting to user behaviour. The company also launched new…

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Commercial Vehicle Spin-Off Boosts Tata Motors Shares, Offers Clear Value to Shareholders

Prime Highlights: Tata Motors’ commercial vehicle (CV) division debuted on the stock market with a 26% premium, signaling strong investor interest. The demerger separates the CV business from the passenger…

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Inception Raises $50 Million to Advance Diffusion-Based Models for Faster Text and Code Generation

Prime Highlight Inception secured $50 million in seed funding to accelerate the development of its diffusion-based AI models for text and code generation. Led by Stanford professor Stefano Ermon, the…

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Reliance Subsidiary Acquires 21% Stake in US-based Wavetech Helium for $12 Million, Expanding Footprint in Low-Carbon Sector

Indian giant Reliance Industries Limited acquired 21% stake in the US-based Wavetech Helium, Inc. (WHI) in a total acquisition of $12 million. This was reportedly through RIL's wholly-owned subsidiary, Reliance…

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A Groundbreaking Collaboration Between Google and Vocus is Set to Introduce a Fresh Trans-Tasman Cable to New Zealand

A new fast internet link between Australia and New Zealand is being added to Google's Pacific Connect Initiative. Recently, Southern Cross Cable, which Part Telecom controlled (now Spark), served as…

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British Regulators are Scrutinizing AI Partnerships Involving Microsoft and Amazon

British antitrust regulators are soliciting opinions on alliances between Microsoft and Amazon with smaller generative AI model manufacturers. The Competition and Markets Authority (CMA) of the U.K. announced on Wednesday…

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Boeing Anticipates a Slower Rate of Production Increase for its 787 Dreamliner Aircraft

Boeing recently conveyed to its workforce an adjustment in the projected increase of production and deliveries for the new 787 Dreamliner aircraft. This adjustment is primarily attributed to shortages of…

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