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The German car rental company Sixt announced on Tuesday, October 4, its intention to purchase more than 100,000 electric vehicles from the Chinese manufacturer BYD Auto . The first vehicles will be delivered as early as this year, Sixt stated. Sixt is aligning itself with its competitor Hertz In its press release, the rental company states that it has committed to delivering several … Read more
In recent days, Microsoft has reportedly been in talks with OpenAI , an artificial intelligence company known for offering a large number of freely available and/or open-source AI models. While no agreement has yet been reached, the two companies are in discussions regarding a potential new investment in OpenAI by Microsoft. Microsoft relies on OpenAI to integrate AI into its products … Read more
The Hi! Paris consortium has won the AI Cluster call for projects. Led by the Institut Polytechnique and HEC Paris, it also includes the CNRS and Inria. It has been awarded €70 million to ” establish one of the world’s leading centers for AI research, training, and innovation serving society in France ,” according to the press release published … Read more
A study conducted by In Extenso, a consulting firm specializing in innovation management, reports on fundraising figures for startups in 2019. The study allows, among other things, a comparison of European and French figures, showing that there was a clear increase in investments this year. Fundraising in Europe European startups “maintained the record for venture capital investment in 2019,” … Read more
If you had invested $1 million (€900,000) in Netflix on January 1, 2010, you would have $43 million (€39 million) today. According to CNBC ‘s annual report , over the past ten years, Netflix’s return was 4,181% and its index rose by 189%. This was the best return of the decade . Netflix: the company of the decade? In comparison, since … Read more
The French company Criteo, specializing in retargeting, lost nearly 16% of its stock value on Tuesday, January 14, on the NASDAQ, following Google’s announcement that it would eliminate third-party cookies within two years. Yet, since 2017, the company has been seeking to diversify its revenue streams. Apple had already penalized Criteo in 2017 This is … Read more
While some may complain about the price of their internet subscription, it’s worth noting that France is relatively well-off compared to the rest of the world. Indeed, a recent study conducted by various analysts and experts at Cable.co.uk ranks France 49th globally in terms of internet subscription prices in 2019. Unsurprisingly, global broadband deployment is accelerating while … Read more
In the midst of a global pandemic, Snapchat is doing better than ever. Its parent company, Snap Inc, has published its third quarter 2020 results and the least that can be said is that all the indicators are green: its number of users is increasing, its market capitalization is breaking records and the revenue generated exceeds all forecasts. 249 … Read more
The law aimed at securing and regulating the digital space (SREN) was promulgated on May 24, 2024. For Bercy, it ” marks a significant step forward in strengthening the protection of citizens, particularly minors, and online businesses .” In April, the Assembly voted in favor of this bill , with over 64% voting in favor. The SREN law then had … Read more
South Korean President Yoon Suk-yeol unveiled a new stimulus package for the country’s semiconductor industry on Thursday . The package, totaling 26 trillion won (approximately €17.5 billion), comes amid a global race for semiconductors. Towards the creation of a “mega semiconductor hub” On May 12, Seoul launched a €6.4 billion investment in this sector. This amount was ultimately included … Read more