News - page 184

OpenAI Rolls Out Fine-Tuning Feature for GPT-4o
Science & Technology

OpenAI Rolls Out Fine-Tuning Feature for GPT-4o

OpenAI launched fine-tuning for GPT-4o and stated that as a result of using this new feature, developers will be able to increase the level of performance and improve such an aspect of their apps as accuracy.

TSMC Breaks Ground on €10 Billion German Plant
Science & Technology

TSMC Breaks Ground on €10 Billion German Plant

Taiwan Semiconductor Manufacturing Co. (TSMC) has broken ground its first production site in Europe.

Celebrating Innovation and Financial Inclusion at the 15th Edition Connected Banking Summit – Ethiopia 2024
Fintech & Ecommerce

Celebrating Innovation and Financial Inclusion at the 15th Edition Connected Banking Summit – Ethiopia 2024

Addis Ababa, Ethiopia – August 14, 2024 – Ethiopian Skylight Hotel – The Ethiopian  Skylight Hotel in Addis Ababa became the center of innovation and excellence on August  14th, 2024, as it hosted the 15th Edition Connected Banking Summit – Ethiopia Innovation  & Excellence Awards 2024. This significant event celebrated outstanding achievements in the  banking […]

Technology Giants Boost Hong Kong Stocks
Finance & Economics

Technology Giants Boost Hong Kong Stocks

Hong Kong stock indexes on Monday, August 19, showed growth against the background of the rising value of shares of technology companies.

AI Chip Makers Rebellions and Sapeon Agree to Merge
Science & Technology

AI Chip Makers Rebellions and Sapeon Agree to Merge

The South Korean companies Rebellions Inc. and Sapeon Korea Inc., which specialize in carrying out activities in the chip manufacturing sector necessary for training and ensuring the subsequent operation of artificial intelligence systems, have signed a final merger agreement.

AMD to Acquire Server Maker ZT Systems
Science & Technology

AMD to Acquire Server Maker ZT Systems

It became known that Advanced Micro Devices (AMD) Inc. has reached an agreement on the implementation of the deal for the acquisition of ZT Systems, which specializes in the implementation of server manufacturing activities.

Traders Need Fed’s Signal to Keep Stocks Rallying
Finance & Economics

Traders Need Fed’s Signal to Keep Stocks Rallying

Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.

Kiteworks Raises $456 Million
Science & Technology

Kiteworks Raises $456 Million

Kiteworks has announced that it has raised a $456 million growth equity investment.

Jerome Powell Reportedly Huddles With Bank CEOs to Avoid Legal Fight Over Capital Plan
Finance & Economics

Jerome Powell Reportedly Huddles With Bank CEOs to Avoid Legal Fight Over Capital Plan

The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.

Texas Instruments to Receive Up to $1.6 Billion From US Commerce Department
Science & Technology

Texas Instruments to Receive Up to $1.6 Billion From US Commerce Department

Texas Instruments, maker of microcircuits, on Friday, August 16, announced that it would receive from the US Commerce Department financing in the amount of up to $1.6 billion for the construction of three new facilities.

Ex-Google CEO Sees Nvidia as Big AI Winner
Science & Technology

Ex-Google CEO Sees Nvidia as Big AI Winner

Eric Schmidt, who headed Google for ten years, during a conversation with Stanford students, said that not being an investment consultant, he sees an obvious play on the stock market, which did not involve buying shares of his former employer.

Revolut Signs Agreements With Investors for Secondary Share Sale
Fintech & Ecommerce

Revolut Signs Agreements With Investors for Secondary Share Sale

Revolut has signed secondary share sale agreements with investors.

Hong Kong’s Video Gaming Sector to Boost Due to GenAI
Science & Technology

Hong Kong’s Video Gaming Sector to Boost Due to GenAI

The process of implementing generative artificial intelligence, which is currently underway at the global level and demonstrates the tendency of gradual sustainable scaling, is likely to strengthen and probably will increase and diversify the possibilities of the video game industry in Hong Kong.

EliseAI Raises $75 Million
Science & Technology

EliseAI Raises $75 Million

EliseAI, an artificial intelligence platform focused on housing and healthcare, raised $75 million in a Series D funding round.

Banking Technology Firm Amount Raises $30 Million
Fintech & Ecommerce

Banking Technology Firm Amount Raises $30 Million

The Amount company, which operates in the area of banking technologies, announced that it managed to raise investment funds for $30 million.

Japan’s Economy Bounces Back
Finance & Economics

Japan’s Economy Bounces Back

The Japanese economy showed growth in the second quarter of the current year.