Quantum computing is an emerging technology that has the potential to revolutionize many industries. According to a late 2021 Statista forecast, the quantum computing market’s total revenue is projected to reach US$8.6 billion by 2027. To put that into perspective, the industry was worth only US$412 million in 2020. In…
Microsoft (NASDAQ:MSFT) announced a range of new innovations under its Microsoft Cloud for Healthcare platform on October 10, saying it is looking to reshape healthcare delivery via artificial intelligence (AI). Among the offerings is the introduction of healthcare-specific AI models in Azure AI Studio. These models have been built to…
Copper ore must undergo a complicated refining process to convert it into saleable high-purity copper products, as mined ore typically contains less than 1 percent copper. Copper refining involves increasing the grade and purity of the metal through a variety of physical, mechanical and chemical processes. One of the first…
Canadian crypto stocks offer investors exposure to the booming cryptocurrency markets. Cryptocurrencies are digital currencies that are independent of traditional banking systems. They exist on a blockchain, a secure and immutable transaction record shared among many computer nodes in a network. The most well-known cryptocurrency is Bitcoin, and the process…
Two separate mining incidents this past week have resulted in fatalities, casting a spotlight on safety practices. Resource companies G Mining Ventures (TSX:GMIN,OTC Pink:GMINF) and Griffin Mining (LSE:GFM) reported the deaths of workers at their respective sites, both caused by work-related accidents. The most recent fatality occurred on October 13…
Suki AI, a healthcare-focused startup, has secured US$70 million in a Series D funding round aimed at further developing its artificial intelligence (AI) assistant tools for hospitals and medical providers. Reuters reported on October 10 that the latest round brings the company’s total funding to US$165 million and, according to…
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce that its entitlement offer closed fully subscribed. The pro-rata non-renounceable entitlement offer of one (1) new fully paid ordinary share for every four (4) fully paid ordinary shares held by eligible shareholders at the record date of…
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist strike and problems throughout its aircraft programs. “This universal shelf registration provides flexibility for the company to seek a…
Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior. The pharmacy chain said 500 of the closings would occur over the next 12 months. It estimates a quarter of its…
It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract. Costs and tensions have only risen since then. The strike is adding to pressure on Boeing’s new CEO, Kelly Ortberg, who was brought in over the summer to solve the plane maker’s various…