NewsFeed

April 22, 2025

Amazon Pauses AI Data Center Leases Amid Economic Uncertainty

Analysts at Wells Fargo have noted that Amazon has paused some of its commitments related to new artificial intelligence (AI) data center leases, citing economic uncertainty as the reason for the delay. This move follows a similar pause in Microsoft's planned AI data center buildout, which was announced just a week ago. The slowdown in spending on AI data centers is attributed to the slowing U.S. economy and rising import tariffs, which are affecting major technology companies like Amazon Web Services (AWS) and Microsoft Azure.

https://markets.businessinsider.com/news/stocks/amazon-amzn-pauses-some-data-center-leases-says-wells-fargo-1034604752

April 22, 2025

BlockInsight Predicts AI Trading Dominance by 2025

BlockInsight Innovations Inc., a global leader in financial technology research and data analytics, predicts that by 2025, over 80% of global trading volume will shift to AI-enhanced platforms, potentially creating a two-tier market system. The company's market forecasts indicate the global AI trading technologies market is expected to reach $38.5 billion by 2027, growing at a compound annual rate of 23.8%. BlockInsight's experts are even more optimistic, projecting the market could reach $42 billion based on current adoption trends.

https://www.manilatimes.net/2025/04/22/tmt-newswire/globenewswire/blockinsight-innovations-inc-releases-breakthrough-research-ai-driven-technologies-revolutionize-global-cryptocurrency-trading-markets/2096762

April 22, 2025

Boston Dynamics' Atlas Robot Revolutionizes Healthcare

MarketsandMarkets reports that the global humanoid robot market is expected to grow significantly, driven by advancements in robotics and artificial intelligence. Companies such as Boston Dynamics and SoftBank Robotics are leading the charge with their humanoid robots, including Atlas and Pepper. These robots are being used in various industries, including healthcare and customer service, where they can provide assistance and interact with humans more effectively.

https://www.prnewswire.com/news-releases/humanoid-robot-market-worth-15-26-billion-in-2030---exclusive-report-by-marketsandmarkets-302434062.html

April 22, 2025

Cloud Spending Soars 21.7% to $597 Billion

Global end-user spending on public cloud services is expected to grow 21.7% in 2023, reaching USD 597.3 billion, up from USD 491 billion in 2022, according to a report by Gartner. This growth is driven by the adoption of emerging technologies like generative artificial intelligence (AI), Web3, and the metaverse, which are transforming digital business strategies.

https://www.lokmattimes.com/business/global-end-user-spending-on-public-cloud-services-to-grow-217-pc-in-2023-gartner/

April 22, 2025

DOJ Sues Google Over Search Engine Monopoly

The US Department of Justice (DOJ) is challenging Google's dominance in the search market, alleging that its search monopoly fuels the development and improvement of its artificial intelligence (AI) products, which in turn drive users back to Google for search results. This cycle is seen as stifling competition, as other companies are unable to compete with Google's search engine and AI capabilities.

https://www.searchenginejournal.com/dojs-google-search-trial-what-if-google-must-sell-chrome/545118/

April 22, 2025

Dubai Media Academy Unveils AI Initiative in Arab Media

Dubai Media Academy has launched an Artificial Intelligence Initiative in Arab Media, releasing a white paper outlining priorities for researchers and technology developers. The initiative aims to produce original AI-driven solutions for the Arab media landscape, with adviser Asem Galal noting its potential to shape the future of Arab media through intelligent tools that understand local culture.

https://www.gulftoday.ae/news/2025/04/22/dubai-to-devise-ai-tools-that-understand-arabic

April 22, 2025

Finnegan Lawyers Urge IP Protection Innovation Amid AI Boom

Bloomberg Law's IP Protection Needs Updated Approaches. Charles Collins-Chase, Scott Forman, and David Soucy of Finnegan LLP emphasize the need for attentiveness and innovation in protecting intellectual property, particularly data created by artificial intelligence, amid rapid industry transformations enabled by AI.

https://news.bloomberglaw.com/mergers-and-acquisitions/artificial-intelligence-ip-protection-needs-updated-approaches

April 22, 2025

Finnegan Lawyers Urge IP Protection Innovation Now

Bloomberg Law's IP Protection Needs Updated Approaches. Charles Collins-Chase, Scott Forman, and David Soucy of Finnegan LLP emphasize the need for attentiveness and innovation in protecting intellectual property, particularly data created by artificial intelligence, as AI rapidly transforms industries with new capabilities and efficiencies.

https://news.bloomberglaw.com/ip-law/artificial-intelligence-ip-protection-needs-updated-approaches

April 22, 2025

GCC Retailers Struggle with AI Skills Gaps and Data

A new white paper by Al-Futtaim and the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) highlights that skills gaps, data hurdles, and ethics are key to unlocking AI adoption in the GCC retail sector. According to a study, nearly 93% of sector experts see skills gaps as a major barrier to AI adoption, with a lack of skilled AI professionals being the biggest obstacle to implementing AI-driven personalisation.

https://www.khaleejtimes.com/business/ai-gcc-retail-hurdles?utm_source=most-popular-business