All materials - page 44

Finance & Economics

Fed’s Susan Collins Supports Gradual Approach to Rate Cuts

Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.

Fintech & Ecommerce

Nevermined Secures $4M Funding to Develop PayPal-Like AI-Commerce Platform

Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.

News

Thailand to Pilot Crypto Payments for Phuket Tourists

Foreign tourists in Thailand might soon be able to use Bitcoin and other crypto to pay for goods and services in Phuket, one of the country’s most popular tourist destinations.

News

Microsoft to Invest $3 Billion in India

Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.

Finance & Economics

Fed’s Christopher Waller Supports Further Cuts

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.

News

Micron to Expand Its Manufacturing Footprint in Singapore

Micron Technology Inc. intends to invest $7 billion to expand its manufacturing footprint in Singapore over the next few years.

News

Whatnot Raises Funds at $5 Billion Valuation

Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.

News

Samsung Ramps Up Investments in AI

Samsung Electronics Co. is currently increasing its investment in artificial intelligence for consumer electronics.

Science & Technology

Intel Says New Laptop Chips to Extend Computer Battery Life

Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]

News

Qualcomm’s New Chips to Bring AI to $600 Personal Computers

Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.

Science & Technology

AWS to Invest $11 Billion in Georgia

Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.

Science & Technology

Anthropic Reportedly to Raise $2 Billion

The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.

Science & Technology

Donald Trump Announces $20 Billion Plan to Build New Data Centers

President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.

Blockchain & Crypto

Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys

The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.

Finance & Economics

US Trade Deficit Increases

In November, an increase in the trade deficit was recorded in the United States.

News

AI Startups Drive VC Funding Resurgence

According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.