Microsoft Invests $1.5 Billion in AI Company G42
Microsoft has invested $1.5 billion in G42, which is based in Abu Dhabi and operates in the artificial intelligence industry.
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IMF Raises Growth Forecast for US Economy
The International Monetary Fund (IMF) suggests that the impressive performance of the United States’ economic system will be a major factor in global growth in 2024, but may complicate solving the problem of inflation in the US.
China’s Economy Demonstrates Growth
In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.
Adobe Releases Acrobat AI Assistant
Adobe released its artificial intelligence-based digital assistant on Monday, April 15.
US to Award Samsung up to $6.4 Billion in Grants for Chip Plants
The administration of the President of the United States Joe Biden will provide Samsung Electronics Co. with grants worth up to $6.4 billion to increase chip production in Texas.
Salesforce Reportedly Considers Acquiring Informatica
The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.
Cisco’s AI Chief Says Technologies to Enhance Workplace Productivity
Artificial intelligence, which has already been called by many experts as the main driving force of progress and global development at the current historical stage of human civilization existence, can change the state of affairs in the labor sector and significantly transform the commercial environment in terms of aspects such as productivity, efficiency and quality […]
Samsung Regains Its Position as Smartphone Market Leader
Apple’s leadership in the global smartphone market turned out to be a short-term period of maximum success, which did not become the beginning of a new era in the history of the California, Cupertino-based technology giant.
German State Bank LBBW to Launch Crypto Custody
Germany’s largest federal-owned bank – Landesbank Baden-Württemberg (LBBW) – has partnered with Bitpanda Technology Solutions to offer crypto custody and trading services.
Hong Kong Approves Bitcoin and Ethereum ETF
Moving ahead of the U.S. regulators, the SEC of Hong Kong has officially approved both Bitcoin and Ethereum ETF products from major local asset managers.
Binance Tops Crypto App Downloads Rating
Binance mobile app amassed over 6.3 million downloads in the first quarter of 2024, with a 21% lead over its nearest competitor Revolut.
South Korea to Host Second AI Safety Summit
South Korea to host the second global AI Safety Summit.
Young Americans Prefer Crypto to Stocks: Report
A new survey suggests that Generation Z and millennials in the U.S. are more likely to invest in alternative assets like crypto and NFTs than traditional stocks.
Elon Musk Predicts AI to Surpass Human Intelligence
Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.
Wells Fargo Profit Shrinks
Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.
Citigroup Posts First-Quarter Revenue
Citigroup reported earnings for the first quarter of 2024.
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