All materials - page 36

News

South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre

On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.

News

Japan’s GDP Beats Forecasts

The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.

Blockchain & Crypto

Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth

The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.

News

Bain Backs AI Cybersecurity Startup Dream

Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.

News

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

Finance & Economics

Bank of England Governor Warns Economy Static

Bank of England Governor Andrew Bailey warned that the United Kingdom’s economic system is still static.

Finance & Economics

Bundesbank President Says US Tariffs to Hit Germany Particularly Hard

Bundesbank President Joachim Nagel said Germany would be particularly hard hit by protectionism and trade tariffs from the United States, worsening the already bleak prospects for Europe’s largest economic system.

News

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

News

Deutsche Börse CEO Says EU Needs Permanent CBDC

Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.

News

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

Science & Technology

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

News

Revolut Launches in Ukraine

Residents of Ukraine can now open European multi-currency accounts through Revolut Bank.

Science & Technology

Meta Plans Investments Into AI-Driven Humanoid Robots

Meta Platforms is establishing a new division within its Reality Labs unit to develop artificial intelligence-powered humanoid robots that are expected to be capable of helping humans perform physical tasks.

Science & Technology

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

News

US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

News

OpenAI Seeks to Grand Expansion

OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.