In the next two years, US IT company AtScale will be investing 20 to 25 million dollars in its new engineering facility in Sofia. Teams working in Bulgaria will have the opportunity to develop their own, independent products, it was reported.
The investment is the beginning of the European expansion for "AtScale", which is financed by a loan from "Morgan Stanley" totaling 50 million dollars. Co-founder of the company Matthew Baird told Bloomberg TV Bulgaria that the company would start hiring a team of 50 people. The team will be growing by another year in a year.
More than 42% of Bulgarians are concerned about the development of artificial intelligence. According to a quick survey on the topic by the Myara agency, published by BTA, 37 percent of those surveyed said they were not familiar with..
Bulgarian Patriarch Daniil met yesterday with Prince Ghazi bin Muhammad - Chief Advisor to King Abdullah II for Religious and Cultural Affairs, the Bulgarian Patriarchate reported. The prince is part of the official delegation of..
The government will remain intolerant of any form of corruption. This was what Prime Minister Rosen Zhelyazkov said from the parliamentary rostrum regarding the investigation by the European Public Prosecutor's Office into the..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the..
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in..
Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security..
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