Aninda Chakraborty

1 day ago | techmonitor.ai | Aninda Chakraborty

Financial firms in North America are more reluctant to integrate AI into their compliance workflows compared to their counterparts in Europe, the Middle East, and Africa (EMEA), new research suggests. According to Global Relay’s third annual compliance report, 56.3% of North American respondents have no plans to incorporate AI into their compliance processes in the coming year. By contrast, 71.4% of EMEA respondents plan to introduce AI in the same timeframe.

1 day ago | nsenergybusiness.com | Aninda Chakraborty

GE Vernova has announced a partnership with Uniper to upgrade three GT26 gas turbines at the Grain power station located in Kent, the UK. This upgrade, set to commence in 2026, is part of Uniper’s strategy to enhance the efficiency and power output of its generation assets while also aiming to reduce carbon dioxide emissions per megawatt (MW) as part of its decarbonisation efforts.

2 days ago | techmonitor.ai | Aninda Chakraborty

Spending on AI-driven search advertising in the US is projected to reach nearly $26bn by 2029, Reuters reported citing data from the research firm Emarketer. This marks a substantial rise from the projected expenditure of just over $1bn this year. The surge is attributed to the swift adoption of AI technology and improved user-targeting capabilities. In contrast, companies depending on traditional keyword-based search ads may see a decline in revenue as AI-powered search advertising gains traction.

2 days ago | nsenergybusiness.com | Aninda Chakraborty

Czech Republic has finalised an $18bn agreement with South Korea’s Korea Hydro & Nuclear Power (KHNP) for the construction of two nuclear reactors, following the removal of a legal injunction. Czech Prime Minister Petra Fiala announced the completion of the contracts between the Czech state-controlled company EDU II and KHNP, reported Reuters.

3 days ago | techmonitor.ai | Aninda Chakraborty

Hewlett Packard Enterprise (HPE) reported second-quarter financial results that exceeded Wall Street’s revenue and profit estimates, driven by heightened demand for AI servers and hybrid cloud solutions. Shares of the company jumped 3.2% in extended trading following the announcement, Reuters reported. In the quarter ending 30 April 2025, HPE recorded revenue of $7.6bn, marking a 6% increase in actual dollars compared to the prior-year period.