Chief Executive Officer Amazon.com Inc. Andy Jassy said that the cloud infrastructure of the company he heads will become an essential part of the boom in the generative artificial intelligence industry.
In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.
Senators of Paraguay are now considering selling excess energy from its Itaipu hydropower plant to miners instead of the blanket Bitcoin mining ban proposed earlier.
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Amazon.com Inc. has decided to no longer pay developers to create apps for Alexa.
Meta Platforms Inc. is deploying a new chip designed to ensure the functioning of the artificial intelligence services of this technology giant.
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.
South Korean President Yoon Suk Yeol said on Tuesday, April 9 that this country is investing 9.4 trillion won ($6.94 billion) in artificial intelligence.
Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
JPMorgan Chase CEO Jamie Dimon hailed the leadership and economic strength of the United States in an annual letter to shareholders.
US Treasury Secretary Janet Yellen said on Monday, April 8, that Washington takes a position of protest and rejection of the formation of a situation in which Chinese imports are transformed into a factor of negative impact on the situation in new segments of the industrial system.
The media reports that Samsung Electronics Co. plans to increase investment in Texas by $44 billion.
As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.
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