China’s Exports Show Growth
China’s exports, according to the results of November, showed growth for the first time since April this year.
News - page 170
Meta and Microsoft to Buy AMD’s New AI Chip
Meta, OpenAI, and Microsoft on Wednesday, December 6, at an AMD event, for investors announced their intention to use the company’s new artificial intelligence chip called Instinct MI300X.
JPMorgan CEO Criticizes Cryptocurrency
JPMorgan Chase CEO Jamie Dimon last Wednesday, December 6, during a speech on Capitol Hill, proposed a ban on cryptocurrency in the United States.
Google Opens Access to AI Model Gemini
Google on Wednesday, December 6, presented an artificial intelligence model called Gemini, which the company described as the most flexible configuration of advanced technology since it will be released in different parameters.
Nvidia CEO Characterizes Huawei as Formidable AI Chipmaking Rival
The Chief Executive Officer of Nvidia Corp. Jensen Huang said that Huawei Technologies Co. is on the list of the most serious competitors of his company in the race for the production of the best chips designed for the creation and subsequent functioning of artificial intelligence systems.
Chip Company ASM to Build US Base in Arizona
The Dutch company ASM International NV, which specializes in the manufacture of equipment for making chips, intends to invest $324 million in a new headquarters in the US state of Arizona.
Microsoft to Add OpenAI’s Models to Copilot
Microsoft has announced that new features will be added to its artificial intelligence service Copilot next year.
Bank of America CEO Says About Normalization of US Economy
Brian Moynihan, CEO of Bank of America, said that the American economic system, in his opinion, is moving towards the realization of optimistic prospects in the foreseeable future, noting that it is likely to be expected to have a so-called soft landing rather than a recession.
Robinhood Reports 75% Rise in Trading Volume
Digital asset trading volume on a crypto-friendly trading platform Robinhood grew 75% month-on-month in November.
Wells Fargo CEO Says About Potential Consequences of Fed Asset Cap
Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.
Nvidia to Help Build Out AI Ecosystem in Japan
Nvidia intends to participate in the process of creating an artificial intelligence ecosystem in Japan.
Mistral AI Plans to Raise $487 Million
The French startup Mistral AI, which operates in the artificial intelligence industry, intends to raise funds for about €450 million ($487 million) as part of its latest financing round.
Bumble Launches AI-Powered Conversation Starters and Plans for Friends
Bumble For Friends, which in the digital age helps people communicate with each other and find new friends in the virtual space, announced the launch of two functional solutions called Conversation Starters and Plans.
Foxconn Reports Rise in November Revenue
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
Moody’s Changes China Credit Outlook to Negative
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Amazon and USAID Distribute 3 Grants to Women-Led Climate Projects in Africa
Amazon-backed Climate Gender Equity Fund (CGEF) has selected the first cohort of women-led organizations focused on advancing gender-equitable climate action in Africa to receive grants for their activities.
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