Xilis uses AI to Select Cancer Drug and More..
We hope everyone had a great Christmas, and we wish you all a fantastic 2024!
In this week's DCI Weekly, we'll explore significant collaborations and market trends.
Cloud
Mangata Networks Collaborates with Microsoft for AI Edge Cloud
Mangata Networks and Microsoft have entered a long-term partnership to develop an AI-enabled edge cloud product connected via satellite, aiming to bring seamless connectivity and intelligent cloud computing services globally through a network powered by a multi-orbit constellation of satellites and edge data centres.
Cloud Computing Market Set to Reach US$1,266.4 Billion by 2028
AI and ML stand as driving forces behind the projected growth of the cloud computing market, anticipated to reach $1,266.4 billion by 2028. Fueled by increasing demand and the accelerated pace of cloud spending due to the pandemic, this surge aligns with industry trends.
China’s Cloud Giants Seek Profits Abroad as Domestic Margins Dwindle
Cloud computing is a contested arena in the China-US tech rivalry, with major Chinese providers like Alibaba, Tencent, and Huawei expanding globally to less-explored regions amid domestic challenges and encroaching on territories dominated by global giants like Microsoft and Amazon.
Gaming
MOBOX enters a New Partnership with Bitmap Tech Recursiverse
MOBOX and Bitmap Tech Recursiverse unite in a groundbreaking partnership to revolutionize Web3 gaming with Dragonverse Neo and an advanced BTC Layer 2 solution, emphasizing their commitment to on-chain gaming for Bitmappers and Bitcoiners.
China Approves 105 Domestic Games in Shift Amid $80 Billion Gaming Industry Setback
China's approval of 105 domestic games, including Tencent and NetEase titles, hints at a policy shift, showing a softened stance after recent industry restrictions caused an $80 billion market value loss, reflecting government support for online gaming despite new rules, reminiscent of the tech-sector crackdown.
The Rise of Female Gamers in Online Casino Singapore
The rise of female gamers in Singapore's online casino industry reflects a transformative shift fueled by factors like accessibility and a welcoming online environment, reshaping the gaming landscape and prompting industry adaptations for a more inclusive and diverse future.
AI
Meet ‘Coscientist,’ Your AI Lab Partner
Coscientist, an artificial intelligence marvel developed by Carnegie Mellon University, astoundingly mastered Nobel Prize-winning chemical reactions within minutes, heralding a new era of autonomous scientific discovery and underscoring the transformative potential of AI in shaping the future of experimentation..
Biotech startup using AI to take guesswork out of cancer drug selection raises $70M
Xilis, a biotech startup, is leveraging technology to create living models of patients' tumors. Using artificial intelligence, it determines optimal drug treatments, securing $70 million for upcoming clinical trials.
Adani Group forges AI joint venture with Middle East backer IHC
In October, Adani Group increased its flagship's stake to almost 5%, signaling a revival post a short seller attack; the collaboration with IHC, led by Sheikh Tahnoun bin Zayed Al Nahyan, reflects renewed confidence and ties to AI through G42, a key player in the UAE's artificial intelligence initiatives.
And that wraps up this week’s DCI news. Stay tuned for more updates as we continue to keep our finger on the pulse of all things gaming, cloud and AI!
Until next week!
Team Aethir
