Thomas Barkin Says About US Ongoing Battle Against Inflation
Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.
News - page 10
Gulf Edge & Google to Develop Sovereign Cloud Service in Thailand
Google Cloud and Gulf Edge are bound to deliver innovative AI-ready sovereign cloud services in Thailand in compliance with the country’s stringent data residency, security, and privacy requirements.
Bolivia Lifts Crypto Ban
After a four-year ban, Bolivia authorized crypto payments in the country.
99% of Businesses to Use AI for Financial Reporting by 2027: KPMG
Besides the nearly universal use of artificial intelligence in financial reporting, companies also expect auditors to increasingly use AI to drive more proactive and predictive evaluation.
Micron Stocks Drop
Shares of Micron Technology, the largest memory chip manufacturer in the United States, turned out on a downward trajectory after the company’s forecast disappointed investors who had expected greater benefits from the so-called artificial intelligence boom.
SoftBank to Invest in AI Startup Perplexity
Vision Fund 2, part of the ownership structure of SoftBank Group Corp., invests in the startup Perplexity, which operates in the artificial intelligence industry.
Nubank Acquires Hyperplane
Nubank’s digital banking platform has implemented the deal to acquire Hyperplane, a company specializing in data intelligence.
Security Company iVerify Raises $12 Million
Security company iVerify raised $12 million for its endpoint detection and response (EDR) solution.
Nvidia CEO Says About Rising Competition
Nvidia chief executive officer Jensen Huang last Wednesday, June 26, said that the current significant advantage of this company in the area of chips for artificial intelligence systems was achieved as a result of a bet made more than ten years ago, based on investments in AI worth billions of dollars and a team of […]
Amazon Hits $2 Trillion in Value
Amazon.com Inc. has reached a market capitalization of $2 trillion for the first time in its history.
South Korea Kicks Off $19 Billion of Chip Loans
South Korea will start providing financial aid to chip manufacturers in July.
Malaysia Gains Chinese Investors to Build More Data Centers
Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.
OpenAI Delays Launch of Voice Assistant
OpenAI has decided to delay the release of a much-anticipated voice assistant feature for its chatbot ChatGPT, which is one of the most popular products in its class globally.
SaaS Company Payabli Raises $20 Million
Payabli, which specializes in developing a payment infrastructure solution, was able to raise $20 million in investment funds as part of a Series A financing round.
ECB’s Olli Rehn Sees Bets for Two More Cuts in 2024 as Reasonable
Expectations that the European Central Bank will adjust the current configuration of its monetary policy twice more this year by lowering the cost of borrowing are fair, according to Governing Council member of the financial institution Olli Rehn.
Fed Governor Michelle Bowman Says About Readiness to Raising Rates in Certain Conditions
Federal Reserve Governor Michelle Bowman said on Tuesday, June 25, that it was not yet time to start cutting interest rates, noting that she would be ready to raise borrowing costs if inflation rates did not show a slowdown.
Breaking News
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.