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Monday, October 7, 2024

Tech and Innovation

CEOWORLD magazine - Tech and Innovation

Daniel Schwartz
Tech and Innovation

Transforming Giants: Inside 3G Capital’s Most Successful Acquisitions

When it comes to private equity, to the victor go the spoils — and few firms have managed to make waves as boldly and strategically as 3G Capital. Founded in 2004 by a group of visionary investors including Alex Behring and Daniel Schwartz, 3G Capital has built a reputation for...
Success and LeadershipTech and Innovation

Iran’s Nanotechnology Sector Sees Significant Growth with Tripling Exports

Iran’s nanotechnology sector has witnessed remarkable growth, with nanoproduct exports tripling over the past three years, as reported by ParsToday, a partner of TV BRICS. The country now exports its nano products to 50 nations, with total export revenues surpassing $69 million, according to the Secretary of the Special Headquarters...
Success and LeadershipTech and Innovation

OpenAI Doubles Valuation to $157 Billion After Record-Breaking Funding Round

OpenAI, the company behind ChatGPT, has nearly doubled its valuation to $157 billion following the largest venture capital deal in history. This move positions the generative artificial intelligence (GenAI) firm as the third-largest venture-backed company worldwide, trailing only SpaceX and ByteDance. The company announced it raised $6.6 billion in its...
NVIDIA
Banking and FinanceTech and Innovation

Nvidia’s AI Revolution Sparks Unstoppable Demand, Jensen Huang Says

Nvidia’s artificial intelligence (AI) chips are seeing unprecedented demand, according to CEO Jensen Huang, who characterized the surge as overwhelming during a recent televised appearance. Huang's remarks came during an interview, where he discussed Nvidia's extended collaboration with IT consulting giant Accenture. The two companies announced a joint effort to...
Lingo
Tech and Innovation

Lingo Acquires BullsEye Telecom

Lingo acquired BullsEye Telecom in August 2022, creating a leading provider of Unified Communications (UC), cloud technology, broadband connectivity and managed services for businesses. Lingo, with over two decades of experience, has a solid reputation for customer satisfaction as objectively measured by their Net Promoter Score (NPS) placing their customer...
Special ReportsTech and Innovation

Surge in Cyberattacks Targets UAE and Saudi Arabia Amid Growing Digital Expansion

A recent report by Positive Technologies, a global leader in cybersecurity solutions, has revealed a significant rise in cyber-criminal activity across the Middle East, with a particular emphasis on the United Arab Emirates (UAE) and Saudi Arabia. These two nations, which are the region’s largest economies, have increasingly become primary...
Executive InsiderTech and Innovation

CTO Mira Murati, Among Other Executives, Leaves Openai While Sam Altman Prepares for a 7% Equity Stake

Mira Murati, OpenAI’s Chief Technology Officer, has announced her decision to step down from the company. In a post shared on X, she explained her departure, stating that she wanted to make space for personal exploration while focusing on ensuring a smooth leadership transition. Murati’s exit comes alongside two other...
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