News - page 199

OpenAI CEO Reportedly Seeks Global Support for AI Infrastructure
Science & Technology

OpenAI CEO Reportedly Seeks Global Support for AI Infrastructure

The media, citing insiders, report that OpenAI CEO Sam Altman is currently holding meetings with government and industry officials in several countries to provide the support necessary for the full implementation of the process of building an infrastructure for artificial intelligence.

ECB Holds Interest Rates to First Cut in June
Finance & Economics

ECB Holds Interest Rates to First Cut in June

During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.

Amazon CEO Says About Role of His Company in Generative AI Boom
Science & Technology

Amazon CEO Says About Role of His Company in Generative AI Boom

Chief Executive Officer Amazon.com Inc. Andy Jassy said that the cloud infrastructure of the company he heads will become an essential part of the boom in the generative artificial intelligence industry.

China Reports Inflation Data
Finance & Economics

China Reports Inflation Data

In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.

Paraguay Postpones Bitcoin Mining Ban
Blockchain & Crypto

Paraguay Postpones Bitcoin Mining Ban

Senators of Paraguay are now considering selling excess energy from its Itaipu hydropower plant to miners instead of the blanket Bitcoin mining ban proposed earlier.

Key US Price Gauge Exceeds Forecasts
Finance & Economics

Key US Price Gauge Exceeds Forecasts

A key US price gauge has exceeded forecasts for rent and transportation costs growth.

Amazon Decides to Stop Paying Developers to Create Apps for Alexa
Science & Technology

Amazon Decides to Stop Paying Developers to Create Apps for Alexa

Amazon.com Inc. has decided to no longer pay developers to create apps for Alexa.

Meta Unveils New AI Chip
Science & Technology

Meta Unveils New AI Chip

Meta Platforms Inc. is deploying a new chip designed to ensure the functioning of the artificial intelligence services of this technology giant.

March Inflation Data to Prolong Expectations Fed Rate-Cut
Finance & Economics

March Inflation Data to Prolong Expectations Fed Rate-Cut

On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.

Intel Unveils Latest AI Chip
Science & Technology

Intel Unveils Latest AI Chip

Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.

China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges
Finance & Economics

China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges

Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.

South Korea to Invest in AI
Science & Technology

South Korea to Invest in AI

South Korean President Yoon Suk Yeol said on Tuesday, April 9 that this country is investing 9.4 trillion won ($6.94 billion) in artificial intelligence.

Global Companies With China Units Choose Cheaper Renminbi Funding
Finance & Economics

Global Companies With China Units Choose Cheaper Renminbi Funding

Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.

Moody’s Expert Warns About Threat to US Economy
Finance & Economics

Moody’s Expert Warns About Threat to US Economy

Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.

JPMorgan CEO Hails US Power in Letter to Investors
Finance & Economics

JPMorgan CEO Hails US Power in Letter to Investors

JPMorgan Chase CEO Jamie Dimon hailed the leadership and economic strength of the United States in an annual letter to shareholders.

Janet Yellen Says About Chinese Imports in New Industries
Finance & Economics

Janet Yellen Says About Chinese Imports in New Industries

US Treasury Secretary Janet Yellen said on Monday, April 8, that Washington takes a position of protest and rejection of the formation of a situation in which Chinese imports are transformed into a factor of negative impact on the situation in new segments of the industrial system.