News - page 22

Finance & Economics

Hinge Health Reportedly to Go Public as Soon as April

The media reported that perhaps as early as next week, the digital physiotherapy startup Hinge Health will file for an initial public offering (IPO) of shares.

Science & Technology

Microsoft Reportedly Develops AI Reasoning Models

The media published information according to which Microsoft is currently developing in-house artificial intelligence reasoning models to compete with OpenAI.

Finance & Economics

Fed’s Chair Says Still No Need to Hurry to Consider Rate Moves

Federal Reserve chairman Jerome Powell acknowledged the growing uncertainty in the context of the prospects for the subsequent dynamic of the United States economic system but at the same time, he noted that currently there is no need for officials to rush to adjust monetary policy.

Science & Technology

Broadcom Shares Demonstrate Growth

Broadcom shares showed growth after the company released positive financial results for the first quarter of fiscal 2025 and optimistic guidance last Thursday, March 6, indicating continued demand for artificial intelligence.

Finance & Economics

US Economy Adds 151,000 Jobs

In the United States, job growth stabilized last month, while the country’s unemployment rate increased.

Science & Technology

GenAI Revenue to Surpass $1T by 2028

The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.

Science & Technology

Microsoft Plans $297 Million AI Investment in South Africa

Microsoft will invest an additional 5.4 billion rand ($297 million) in South Africa by the end of 2027 to expand its cloud and artificial intelligence capacities in the country.

Fintech & Ecommerce

Sunrate and Atlas to Address Travel Industry’s Cross-Border Payment Challenges

Sunrate and Atlas have joined forces to address challenges related to cross-border payments in the travel industry.

Fintech & Ecommerce

Klarna CEO Says SaaS Companies to Consolidate as Customers Seek Hub of Knowledge

Klarna founder and chief executive officer Sebastian Siemiatkowski said last Tuesday, March 4, that companies operating in the software-as-a-service (SaaS) area are likely to consolidate as customers of firms in the appropriate category involved in the process of adopting artificial intelligence strive for the so-called hub of knowledge.

Fintech & Ecommerce

Visa Tap to Phone Adoption Grows 200%

Over the past year, adoption of a rapidly expanding Visa Tap to Phone technology has skyrocketed by 200% worldwide, enabling SMBs to accept transactions seamlessly and at low cost.

Science & Technology

Apple Launches New iPad Air

Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.

Finance & Economics

Stocks Drop Amid Trade-War Jitters

There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.

Science & Technology

Honor Pledges $10 Billion AI Investment

Last Sunday, March 2, Chinese smartphone manufacturer Honor pledged to invest $10 billion in artificial intelligence and announced the deepening of the Google partnership, which is related to the company’s desire to bolster its market share overseas.

Finance & Economics

European Inflation Cools

Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.

Science & Technology

ServiceNow Launches AI agents for Telecom Industry Based on NVIDIA AI

ServiceNow AI agents will revolutionize the entire telecom service lifecycle with enhanced productivity and speed for the most labor‑intensive workflows.

Fintech & Ecommerce

Yuno and Snoonu to Boost Qatar Payments

Snoonu, Qatar’s leading super app, will be leveraging the capabilities of Yuno payment orchestration platform to improve digital transaction efficiency.