Business

Shifting to an AI strategy

Similar to how software is practically eating the world at this point through every facet of society. I am figuring that AI will do the same over a period of time, I base this on three main premises: Abundance...

Elon Musk enters the AI race with new company

Reports are coming out that Elon Musk has started a new AI company called X.ai to compete with the likes of Google, OpenAI, and others. Elon Musk was one of the co-founders of OpenAI in 2015 when he and...

GK ONE: Fintech Juggernaut in the making

Just like its counterpart Lynk, GraceKennedy’s GK ONE app wants a piece of the digital receipt and payments pie. The new mobile app has received over J$290 million in Western Union remittances since its launch in November 2022. The...

China retaliates with sanctions against United States firms as sanction war heats up

China is beginning to focus on the interests of the West in the country after five years of snowballing of the US leading trade and technology under Presidents Donald Trump and Joe Biden. In the past two months, Chinese...

FESCO acquires Wilson Beck LPG Limited

Future Energy Source Company Limited (FESCO) has acquired a liquified petroleum gas business, Wilson Beck LPG Limited. This deal comes against the backdrop of strong numbers posted by the gas station company for the quarter that ended December 2022...

Google PaLM-E: A multimodal language model in response to ChatGPT

Earlier in March Google quietly released a new language model or an upgraded one that is supposed to be a response to ChatGPT. Similar to ChatGPT, it can do questions and answers and various other language tasks. The multimodal...

GraceKennedy acquires Scotia Insurance Caribbean Limited

GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector. The new company will be branded...

US legislators propose new law to tighten control over the internet

A very important new bill is being circulated within the United States that will change the way how Americans use the internet and will probably affect other countries as well. Earlier this month, a bill “S.686 Restrict Act” was...

FESCO had another stellar quarter

FESCO has yet again shown that it has solid growth potential as it yet again beats analysts' estimates and had its best quarter ever. For the third quarter that ended December 31, 2022, the company recorded operating profits of J$155.59...

Ideas are the new oil

“The new oil is ideas. It’s all digital. All the new fortunes are being created in ideas space.” – Naval Ravikant As someone who has his hands on the pulse of technology, I am starting to see a wave ahead...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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