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Finance & Economics

Chinese Regulators Urge Global Banks to Facilitate Offshore IPO Listings

Chinese regulators, including the China Securities Regulatory Commission (CSRC), have reportedly requested top global banks to expedite offshore listings for Chinese companies in Hong Kong in an effort to boost overseas fundraising and revive the economy.

Science & Technology

Amazon Presents New AI Capabilities at AWS re:Invent 2024

Amazon revealed the full scope of upcoming generative AI innovations at the annual cloud-focused event in Las Vegas.

News

HSBC Expects S&P 500 Index to Hit 6,700

Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.

Fintech & Ecommerce

Digital Bank Zopa Raises $85 Million

British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.

News

LG Electronics to Test India’s IPO Market

The Indian unit of the South Korean company LG Electronics Inc. filed for an initial public offering (IPO).

Finance & Economics

India’s Central Bank Revises Economic Growth Forecast for 2025

On Friday, December 6, the central bank of India, as previously expected, decided to keep the benchmark interest rate at 6.5%.

News

Startup Cohere to Prioritize Customized AI Models

Canadian startup Cohere, which operates in the artificial intelligence industry, focuses on the development of tailored AI models for enterprise users.

News

TikTok Faces US Ban

The Chinese TikTok’s parent company faces a ban in the United States next month as a result of the relevant decision of the federal appeals court, adopted on Friday, December 6.

Finance & Economics

US Job Growth Accelerates

In the United States, a recovery in job creation was recorded in November after the minimum figures in the previous month.

Articles

Magic Eraser Review: Remove Unwanted Objects from Images with AI

In the world of digital photography, capturing the perfect shot often comes with its challenges. Whether it’s an unwanted passerby, a distracting background element, or an unsightly watermark, these imperfections can detract from the overall impact of an image. Enter Magic Eraser, an innovative online tool designed to help users effortlessly remove unwanted objects from […]

News

AI Startup iGenius Builds Supercomputer for Financial Services

Startup iGenius, which operates in the area of artificial intelligence, is currently building one of the world’s largest Nvidia DGX AI supercomputers with Nvidia Grace Blackwell superchips.

News

OpenAI Launches $200 ChatGPT Subscription

OpenAI on Thursday, December 5, launched a version of its popular chatbot ChatGPT worth $200 per month.

News

Elon Musk’s xAI Raises Around $6 Billion

Founded by Elon Musk last year, startup xAI, which operates in the space of the artificial intelligence industry, on Thursday, December 5, announced that it had managed to raise about $6 billion in equity financing.

News

Jerome Powell Says US Economy’s Strength Means Restraint With Cutting Interest Rates

Federal Reserve Chairman Jerome Powell said last Wednesday, December 4, that the strengthening of the United States economy means that the central bank of this country can demonstrate some restraint in the context of actions to cut interest rates.

News

Saxo Bank Publishes 2025 Forecast

The Saxo Bank Outrageous Predictions, which have already become somewhat traditional, have been published.

Science & Technology

Meta to Invest $10 Billion for New Data Center

On Wednesday, December 4, Meta announced plans to invest $10 billion to set up an artificial intelligence data center in Louisiana.