Texas Sues TikTok
The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.
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OpenAI Secures $4 Billion Credit Line
OpenAI has secured a new revolving credit line worth $4 billion.
Microsoft to Invest $4.8 Billion in Italy
Microsoft last Wednesday, October 2, announced its intention to invest 4.3 billion euros ($4.8 billion) in Italy, which is by far the largest volume of financial injections by a technology giant into this country.
India to Fabricate Its First Chip in Two Years
India will fabricate its first chip in two years.
OpenAI Closes Funding at $157 Billion Valuation
OpenAI has closed its long-awaited funding round at a valuation of $157 billion.
Nvidia and Accenture to Boost Corporate AI Adoption
Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.
UK Financial Regulator Fines Starling Bank
In the United Kingdom, the financial regulator fined local digital lender Starling Bank for 29 million pounds ($38.5 million).
Chinese Startup Numemory Claims Memory Chip Breakthrough
The Chinese startup Numemory, which operates in the space of the semiconductor industry, presented the largest-capacity memory chip in its category, which was developed and manufactured in mainland China.
Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases
As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.
Mastercard Launches New Cardholder Offerings for Canadian SMEs
Through strategic partnerships with Slack, Asana, FlexiRoam, H&R Block and others, Mastercard is bringing a range of new business opportunities tailored to meet the unique needs of Canadian SMEs
SoftBank Reportedly to Invest $500 Million in OpenAI
The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.
Euro-Area Inflation Drops Below 2%
In September, inflation in the eurozone fell below the European Central Bank’s 2% target.
Robinhood Crypto Brings Crypto Transfers to Europe
Crypto transfers were one of the most requested features by Robinhood customers in Europe.
Microsoft Reportedly Plans to Relaunch AI-Powered Recall Offering
The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.
Google to Invest $1 Billion in Thailand
Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.
Jerome Powell Says Fed to Lower Rates Over Time
Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.
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