Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
News - page 26
US Retail Sales Demonstrate Growth
In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.
Intel Shares Rise Amid Chip Deal With Amazon
Intel’s chip manufacturing business, which has recently faced significant difficulties, received an incentive for growth and development after the announcement of the beginning of interaction with a major customer, which is Amazon.
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
Apple Presents iOS 18
Apple on Monday, September 16, presented a new version of the operating system for the iPhone called iOS 18.
Circle Partners With Sony to Enable USDC on Soneium
Soneium, a public Ethereum layer 2 blockchain ecosystem, will integrate the Bridged USDC Standard and establish bridged USDC as one of its primary tokens for value exchange due to the fresh collaboration.
OpenAI Announces New Independent Board Oversight Committee
OpenAI on Monday, September 16, announced that its Safety and Security Committee, which this company introduced in May during the proceedings in the framework of disputes related to security processes, is being transformed in a structural sense and corporate context into an independent board oversight committee.
Larry Ellison Becomes World’s Second-Richest Man
On Monday, September 16, the value of Oracle shares continued their growth trajectory, increasing by more than 6%, against which the chairman of this company, which is a software developer and server hardware supplier, Larry Ellison became the second richest person in the world, displacing Amazon founder Jeff Bezos in the appropriate position.
Experts Cut China’s 2024 Growth Forecast
Experts from world-renowned financial institutions began to reconsider their vision of the prospects of the dynamic of the economic system of China in the current year, and for Beijing, these new expectations are clearly not favorable and do not belong to the category of a positive assessment of the possibilities of the foreseeable future.
NAHREP Conference Showcases AI Tools for Real Estate Agents
The National Association for Hispanic Real Estate Professionals (NAHREP) L’Atitude conference illustrated mind-blowing AI use cases for tech-savvy real estate agents.
India Accuses Amazon and Flipkart in Violation of Competition Laws
The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.
World Labs Gets Investments to Develop Spatially Intelligent AI
World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.
Mastercard Acquires Threat Intelligence Company
Mastercard’s latest acquisition aims to boost the company’s insights and intelligence capabilities with real-time visibility into potential threats, AI and other best-in-class technologies.
Meta Resumes AI Training in UK
After a lengthy pause caused by regulatory hurdles, Meta will begin training its AI models using public content shared by adult UK citizens on Facebook and Instagram.
Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia
The media reports that Revolut, a fintech company based in the United Kingdom, currently has plans to expand the scope of its activities in the Gulf Cooperation Council (GCC) member countries.
China Fines PwC for Its Role in Evergrande Collapse
In China, local regulators imposed a six-month business suspension and a record fine of 441 million yuan ($62 million) on PwC’s auditing unit in the mainland of this Asian country.
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.