News - page 21

Science & Technology

Google and Nvidia Collaborate on Quantum Computer Development

Google Quantum AI is currently using the Nvidia CUDA-Q platform and the Nvidia Eos supercomputer to develop its next-generation quantum computing devices.

Science & Technology

Mistral AI Launches Web Search

French startup Mistral AI is updating its virtual assistant based on generative artificial intelligence le Chat.

Blockchain & Crypto

First Stablecoin Pegged to Brazilian Real Launches on TRON Blockchain

Mercado Bitcoin has introduced MBRL stablecoin linked to the value of Brazilian Real on the TRON blockchain.

Blockchain & Crypto

Gemini Launches Crypto Services in France

US-based crypto exchange Gemini launched its services in France about a year after obtaining a digital asset service provider (DASP) registration.

Finance & Economics

European VC Funding Down to $45B in 2024

Startups across the European region are projected to raise $45 billion from VC sources in 2024, a slight drop from the revised $47 billion in 2023.

Fintech & Ecommerce

JPMorgan UK Digital Bank Reportedly Introduces First Credit Card

The media reports that the digital bank, which is based in the United Kingdom and at the same time is part of the ownership structure of JPMorgan Chase, the largest financial institution in the United States by assets, presented its first credit card.

Science & Technology

New Nvidia AI Chips Reportedly Overheat in Servers

Media reports that Nvidia’s new Blackwell AI chips have encountered problems with accompanying servers that overheat.

Fintech & Ecommerce

Walmart Shares Demonstrate Significant Growth

The value of Walmart shares is currently showing the most intense annual growth in the last two decades.

Finance & Economics

Nomura Expects Fed to Pause Rate-Cut Cycle

Experts at the Japanese financial company Nomura expect that the Federal Reserve will not decide on cutting interest rates at its monetary policy meeting next month.

Science & Technology

QR Codes Take 20% of All Online Scams

QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.

Blockchain & Crypto

Goldman Sachs to Spin Out Digital Asset Platform

Goldman Sachs plans to spin out its digital asset platform in a move aligned with its strategy to scale back direct involvement in retail cryptocurrencies and support blockchain-based ventures.

Finance & Economics

Brazil Development Bank Inks $3B AIIB Deal

Collaboration between Brazil’s development bank, BNDES, and the Asian Infrastructure Investment Bank (AIIB) aims to promote economic growth and environmental sustainability in Brazil.

Finance & Economics

Spirit Airlines Files for Bankruptcy

On Monday, November 18, Spirit Airlines filed for bankruptcy protection.

Fintech & Ecommerce

Revolut to Launch Licensed Stock Trading in UK, EU

Revolut received a trading license from UK financial authorities, allowing it to compete with established trading platforms in the region.

Science & Technology

ByteDance Reaches $300B Valuation

TikTok’s parent company, ByteDance, recovered from a prior valuation of $223 billion, although it’s still below the $400 billion peak of 2021.

Blockchain & Crypto

Hedge Funds Millennium, Capula, Tudor Expand Bitcoin ETF Exposure

Amid the election-driven price volatility, certain hedge funds have leveraged the price gap between spot Bitcoin and its futures contracts to execute profitable trades.