News - page 188

AI Startup iGenius Seeks Funding at €1.7 Billion Valuation
Science & Technology

AI Startup iGenius Seeks Funding at €1.7 Billion Valuation

Startup iGenius, which operates in the artificial intelligence industry and seeks to compete with OpenAI and other companies developing the mentioned advanced technology, seeks to raise investments worth 650 million euros ($698 million) at a post-money valuation of about 1.7 billion euros.

Fintech Startup Surfin-Meta Actively Uses AI
Fintech & Ecommerce

Fintech Startup Surfin-Meta Actively Uses AI

Surfin-Meta startup, which is based in Singapore, aims to use the capabilities of artificial intelligence to provide services to people in developing countries who are facing a shortage of banking maintenance.

Taiwan’s Technology Sector Overcomes Challenges With AI
Science & Technology

Taiwan’s Technology Sector Overcomes Challenges With AI

In Taiwan, local technology companies, which are currently the world’s largest suppliers of hardware for personal computers and smartphones, demonstrate an optimistic attitude, even though the current configuration of reality in the geopolitical plane is not a kind of platform for positive prospects and not a certain set of facts and circumstances testifying in favor […]

Japan’s GDP Falls
Finance & Economics

Japan’s GDP Falls

The Japanese economic system was on a downward trajectory in January-March of the current year, but in this case, the pace of decline turned out to be less than the initial expectations for the dynamic of the corresponding indicator due to an upward revision of data on capital spending and inventories.

U.S. Bank Launches Partnership With Greenlight
Finance & Economics

U.S. Bank Launches Partnership With Greenlight

U.S. Bank has launched a collaboration with Greenlight, which is aimed at improving the level of financial education.

Kraken Reportedly Considers $100 Million Funding Round
Blockchain & Crypto

Kraken Reportedly Considers $100 Million Funding Round

The media reports that the Kraken cryptocurrency exchange is currently considering the possibility of conducting a final round of financing before a possible initial public offering (IPO).

Apple Prepares to Its AI-Focused WWDC Event
Science & Technology

Apple Prepares to Its AI-Focused WWDC Event

Apple, despite its undeniably fair and indisputable status as one of the leaders of the global technology sector, has a kind of tradition, that consists in the fact that the company never embraces new product categories first, which will be confirmed very soon by the Worldwide Developers Conference (WWDC).

WhatsApp Launches AI Tools for Businesses
Fintech & Ecommerce

WhatsApp Launches AI Tools for Businesses

WhatsApp has launched artificial intelligence tools, which are designed to provide companies with the opportunity to use this digital platform to carry out commercial activities for the sale of goods and services.

Credit Suisse Bondholders Sue Switzerland
Finance & Economics

Credit Suisse Bondholders Sue Switzerland

A group of Credit Suisse bondholders has filed a lawsuit against the Swiss government in an effort to obtain compensation for the controversial decision to write down the debt of an Additional Tier 1 (AT1) financial institution.

China’s Exports Demonstrate Growth
Finance & Economics

China’s Exports Demonstrate Growth

In May, China recorded an increase in exports, which exceeded preliminary expectations.

US Regulators Reportedly to Open Antitrust Probes Into Nvidia, Microsoft and OpenAI
Science & Technology

US Regulators Reportedly to Open Antitrust Probes Into Nvidia, Microsoft and OpenAI

In the United States, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) intend to launch an antitrust investigation against Microsoft, OpenAI and Nvidia.

Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp
Blockchain & Crypto

Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp

Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.

Janet Yellen Warns AI Risks in Finance
Fintech & Ecommerce

Janet Yellen Warns AI Risks in Finance

The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.

ECB Cuts Rates
Finance & Economics

ECB Cuts Rates

On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.

Nvidia Hits $3 Trillion in Market Value
Science & Technology

Nvidia Hits $3 Trillion in Market Value

Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.

ASML to Ship Its $380 Million Machine to TSMC and Samsung
Science & Technology

ASML to Ship Its $380 Million Machine to TSMC and Samsung

In the current year, ASML Holding NV will ship its latest chipmaking machine to companies such as Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics.