Visa and Mastercard Allegedly Spend Millions to Block Competition
Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.
News - page 23
Microsoft to Invest $2.7 Billion in Brazil
Microsoft on Thursday, September 26, announced its intention to invest 14.7 billion reais ($2.7 billion) in Brazil over three years.
Meta Demonstrates New AR Smart Glasses
Orion smart glasses by Meta are described as a time machine bringing users a glimpse of a fascinating future where reality and virtual environment seamlessly blend.
AWS Makes Meta’s Llama 3.2 Available to Customers
Meta’s large language models Llama 3.2 have become generally available on Amazon Bedrock, Amazon SageMaker, and via Amazon Elastic Compute Cloud (Amazon EC2) using AWS Trainium and AWS Inferentia.
Micron Shares Demonstrate Significant Increase
On Thursday, September 26, the value of shares of Micron Technology, a manufacturer of memory semiconductors, headquartered in Boise, Idaho, showed an increase of more than 13%.
First Abu Dhabi Bank Completes Programmable Payments Pilot
First Abu Dhabi Bank has announced the successful completion of a pilot project for the use of programmable payments with JPM Coins through Onyx by JPMorgan.
Swiss National Bank Cuts Rates in Third Trim This Year
The Swiss National Bank on Thursday, September 26, adopted the third decision since the beginning of the current year to ease monetary policy.
Bain Predicts AI Market to Surge to Near $1 Trillion by 2027
Bain & Co. predicts that the global market for artificial intelligence-related products, which is currently on an active growth trajectory, will reach as much as $990 billion in financial volume by 2027, as the rapid adoption of this technology, according to the company’s experts, disrupts firms and economies.
Meta Unveils Quest 3S VR Headset
Meta has announced Quest 3S, a virtual reality headset that was developed by the unit specialists of this technology giant called Reality Labs and differs from its predecessor product in a similar functional orientation at a more affordable price.
Mira Murati to Leave OpenAI
OpenAI chief technology officer Mira Murati is leaving this startup, which is the latest high-profile departure from the company that developed the world’s most popular chatbot called ChatGPT.
Startup Wiz Reportedly Explores Shares Sale
The media, citing knowledgeable insiders, report that the startup Wiz Inc., which operates in the cybersecurity area, is currently in discussions regarding the sale of existing shares at a valuation of up to $20 billion.
Microsoft to Invest $1.3 Billion in Mexico
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
Gold Hits New Records
In the current year, the rapid rise in gold price continues, which as a process shows signs of stability and significant prospects for strengthening the upward trajectory, without signaling the likelihood of weakening in the short term.
China Rolls Out Stimulus Package to Revive Economy
China’s central bank has unveiled a broad package of monetary stimulus measures designed to revive the world’s second-largest economy, which is currently facing insufficient factors for an upward trajectory that ensures rapid growth.
Blackstone and Vista Equity Partners to Acquire Smartsheet
Collaboration software maker Smartsheet announced on Tuesday, September 24 that Blackstone and Vista Equity Partners would acquire it.
Google Reports 2 Million Developers Use Its GenAI Solutions
Google reported that its generative artificial intelligence model called Gemini is currently used by more than 2 million developers.
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