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Finance

Spain’s Multiverse raises $217 million for compressing AI models

Bermuda Broadcasting Newsdesk -
The latest funding round makes Multiverse the largest Spanish AI startup International news via Reuters: Spanish AI firm Multiverse Computing said on Thursday it has raised...
Finance

EU plans energy saving measures for data centres

Bermuda Broadcasting Newsdesk -
Data centres account for 3% of EU electricity demand International news via Reuters: The European Union is preparing a package of measures to improve data centres'...
Finance

UK economy shrinks by the most since 2023 as US tariffs hit

Bermuda Broadcasting Newsdesk -
BoE policymakers are expected to keep interest rates unchanged next week International news via Reuters: Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President...
Finance

(VIDEO) OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024

Bermuda Broadcasting Newsdesk -
OpenAI said in March it would raise up to $40 billion in a new funding round International news via Reuters: OpenAI said on Monday that its...
Finance

Britain to invest 14.2 billion pounds in Sizewell C nuclear project

Bermuda Broadcasting Newsdesk -
The Sizewell C plant is expected to create around 10,000 jobs during the peak of construction Sizewell B nuclear power station in Suffolk, southeast England,...
Finance

EU will propose more flexibility for defence procurement, commissioner says

Bermuda Broadcasting Newsdesk -
The European defence industry raised concerns about EU red tape and delays in accessing funds International news via Reuters: The European Commission will propose next week...
Finance

(VIDEO) 46-day cyberattack pause, M&S resumes online orders

Bermuda Broadcasting Newsdesk -
The group has said it will use the crisis to accelerate improvements to its technology International news via Reuters: British retailer Marks & Spencer resumed taking...
Education

‘Heart of the Sea’ documentary makes waves at international film festivals

Jasmine Patterson -
The short documentary won eight accolades across international film festivals including the Humanitarian Award of Distinction at the Best Shorts Competition A new documentary which...
News - World

UN urges ratification of treaty to protect the planet’s fragile oceans

Bermuda Broadcasting Newsdesk -
The United States has not sent a high-level delegation to the conference International news via Reuters: U.N. Secretary-General Antonio Guterres on Monday urged world leaders to...
News - World

Japan confirms China’s aircraft carrier sailed east of Iwo Jima for first time

Bermuda Broadcasting Newsdesk -
China's foreign ministry on Monday defended the aircraft carrier's voyage International news via Reuters: The Chinese aircraft carrier Liaoning sailed through waters east of the island...
Finance

(VIDEO) France approaches Renault on drone production, Renault says

Bermuda Broadcasting Newsdesk -
Drones have played a significant role in Ukraine’s defence since Russia's invasion of the country International news via Reuters: France's defence ministry has approached Renault with...
News - World

Getty’s landmark UK lawsuit on copyright and AI set to begin

Bermuda Broadcasting Newsdesk -
Getty's case is one of several lawsuits over the use of copyrighted material to train AI models International news via Reuters: Getty Images' landmark copyright lawsuit...
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