Foxconn Invests in AI Data Center Firm
Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.
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Meta Expects AI Characters to Generate Content
Meta expects to see artificial intelligence characters that will generate content on social media platforms that are part of its digital ecosystem.
OpenAI Outlines New For-Profit Structure
OpenAI on Friday, December 27, outlined plans to revamp its structure.
HomeStreet Agrees to Sell $990 Million in Loans to Bank of America
The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.
US Airlines Say Goodbye to Difficult Year
The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]
India Sees Economic Growth at 6.5%
The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]
China Revises Up 2023 GDP
On Thursday, December 26, China revised upward the size of its economy by 2.7%.
Alibaba and E-Mart to Create E-Commerce JV
Alibaba Group Holding Ltd. has agreed to form a joint venture for its South Korean operations with the e-commerce platform E-Mart Inc.
Mastercard Says About Strong US Holiday Retail Sales
In the United States, the financial well-being of households remains healthy, as evidenced by the fact that local shoppers continue to spend money during the holiday season, searching for the most profitable goods deals on virtual trading platforms, making purchases of a significant cumulative amount of apparel, electronics, and jewelry.
New York Reportedly Tights Financial Scrutiny
The media published information according to which the New York authorities are tightening financial scrutiny ahead of the January return of Donald Trump, who won the United States presidential election last month, to the White House.
US Weekly Jobless Claims Demonstrate Decline
Last week in the United States, the number of locals applying for jobless benefits decreased to the lowest level in the current month.
Elon Musk’s xAI Raises $6 Billion
Elon Musk’s company xAI raised $6 billion in a Series C financing round.
US Launches New Probe Into Legacy Chinese Chips
This week, the administration of the President of the United States Joe Biden launched a new probe regarding legacy Chinese semiconductors, which can be used in a large number of product categories, including the automotive industry, the defense systems sector, and the household goods section.
Apple Seeks to Defend Google’s Billion-Dollar Payments
Apple has asked to participate in Google’s upcoming antitrust trial in the United States over online search.
Foreign Investments in Israel Demonstrate Growth
In the first half of the current year, there was an increase in investment in Israel, even though the country was at war on several fronts in Gaza and Lebanon, and was experiencing tension in relations with Iran, which in some cases had an armed form of expression.
TSMC Shares Reach Record High
The value of shares of Taiwan Semiconductor Manufacturing Co. (TSMC) has reached an all-time high, as this contract manufacturer of chips, being the largest in the world, is ready to demonstrate the best financial performance of its activities over the past 25 years.
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