Iraq Bulletin

Tag : Microsoft

Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget...
Technology

Microsoft launches Maia 200 chip for Azure AI inference

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MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across Azure data centres. The company said Maia 200 is designed for inference, the stage where...
Business

Alphabet becomes fourth company to cross $4 trillion valuation

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MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold. The milestone was achieved during...
Featured News

S&P 500 jumps as investors eye trade policy signals

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U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between the United States and China. The benchmark S&P 500 rose 1.4%, while the Nasdaq Composite...
News

AI benefits uneven as 118 nations lack governance roles

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Artificial Intelligence (AI) is poised to become a major driver of economic transformation, with its market value projected to reach $4.8 trillion by 2033, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD). However,...
Featured News

Market rattled by inflation surprise and looming trade conflict

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U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%...
Technology

Microsoft launches world’s first quantum processor powered by topoconductors

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Microsoft has announced a major breakthrough in quantum computing with the introduction of Majorana 1, the world’s first quantum processor powered by topological qubits. Developed using a revolutionary class of materials known as topoconductors, the processor marks a critical step...
Featured News

Microsoft launches world’s first quantum processor powered by topoconductors

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Microsoft has announced a major breakthrough in quantum computing with the introduction of Majorana 1, the world’s first quantum processor powered by topological qubits. Developed using a revolutionary class of materials known as topoconductors, the processor marks a critical step...
Featured News

Modi and Trump discuss energy trade to reduce US India deficit

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Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House...
Featured News

Meta lays off 3,600 employees as tech sector job cuts continue

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Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as "performance terminations," targeting...