Naushad K. Cherrayil

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Promise of IoT and AI applications in turning buildings into smart 

Your buildings have a lot to tell but you need the right technologies to understand them, says Netix CEO 

Adding new customers, amid Covid, fuel Oracle’s first-quarter profit up 5%

The B2B software giant's revenues increase by 2% to $9.4b, fuelled by 33% growth in Fusion ERP and 23% growth in Netsuite ERP solutions.

OpenAI becomes one of most valuable private firms with $6.6b funding

OpenAI's valuation rises from $14b in 2021 to $157b and to attain $3.6b in revenues this year

US to grant $225m in chip subsidies to Bosch

Bosch to invest $1.9b in production of silicon carbide power semiconductors in California

META public cloud services spending to reach $11.6b in 2025

South Africa, UAE and Saudi Arabia remain the three biggest markets while UAE is the fastest-growing public cloud services market with an annual growth rate of 27.8%
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