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Siemens profits soar on software demand, AI 'boom'
Siemens profits soar on software demand, AI 'boom'
by  AFP

German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids. "We are benefiting from the boom in artificial intelligence, and the accelerated energy transition," he told journalists after the results were released.

Paris 'flying taxi' test flights scrapped during Olympics
Paris 'flying taxi' test flights scrapped during Olympics
by  AFP

Test flights of so-called flying taxis -- futuristic drones capable of transporting people -- have been scrapped in Paris during the Olympics as the certification for the engine has not come through, its promoters told AFP Thursday. However test flights without passengers will be held in the aerodrome of the suburban town of Saint Cyr l'Ecole, west of Paris, on Thursday and Sunday, they said.

Disney beats quarterly revenue estimates, turns streaming profit
Disney beats quarterly revenue estimates, turns streaming profit
by  AFP

Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, while its theme parks came under pressure. Looking ahead, Disney said it is still "on track for the profitability of our combined streaming businesses to improve" in the fourth quarter.

After AI, quantum computing eyes its 'Sputnik' moment
After AI, quantum computing eyes its 'Sputnik' moment
by  AFP

Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English high street, the race to unleash the latest tech revolution is gathering pace. It also paves the way for much more efficient batteries, another crucial weapon in the fight against climate change.

Elon Musk's X sues advertisers over boycott
Elon Musk's X sues advertisers over boycott
by  AFP

Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform.

Musk, UK govt spar over far-right riots
Musk, UK govt spar over far-right riots
by  AFP

As far-right riots grip England, provocative tech billionaire Elon Musk is posting sympathy for the anti-immigration demonstrators, angering the UK government, which blames social media companies for fuelling the unrest. He did not come to the UK on an illegal small boat crossing as false rumours on social media have suggested.