News - page 30

Blockchain & Crypto

University of Austin Launches $5 Million Bitcoin Investment Fund

The University of Austin is launching a $5 million Bitcoin fund, which is another evidence of the realization of the tendency of growing institutional interest in cryptocurrencies.

Blockchain & Crypto

Changpeng Zhao Admits Binance Token Listing Needs Reform

Changpeng Zhao, co-founder and former chief executive officer of Binance, stated that the listing process on cryptocurrency exchanges contains disadvantages.

Blockchain & Crypto

Tether CEO Says Quantum Сomputing to Bring Lost Bitcoin Back in Circulation

Tether chief executive officer Paolo Ardoino predicts that quantum computing will eventually crack Bitcoin wallets classified as inactive and return digital assets to circulation.

Science & Technology

French Alternative to Stargate AI Secures $112B

As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.

Science & Technology

Saudi Arabia Announces $14.9B AI Investment

In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.

Fintech & Ecommerce

ACI and Banfico Team to Tackle APP Fraud

The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.

Fintech & Ecommerce

Oracle Adds New AI Features to Financial Software

Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.

Science & Technology

Qualcomm Tops Estimates for Earnings

Qualcomm last Wednesday, February 5, released information about its financial results for the first quarter of fiscal 2025, which exceeded preliminary expectations.

Science & Technology

Mistral AI Rolls Out App

French startup Mistral AI, backed by Nvidia, on Thursday, February 6, rolled out a new app for its generative artificial intelligence software.

Science & Technology

Amazon Reportedly to Introduce GenAI-Powered Alexa in February

The media published information according to which this month Amazon will introduce a new version of its voice assistant Alexa.

Finance & Economics

Amazon Reports Earnings

Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.

Finance & Economics

Bank of England Cuts Interest Rates

Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.

Finance & Economics

Bank of England Reportedly to Resume Rate Cuts

Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.

Science & Technology

Google Says About Prospects of Commercial Quantum Computing Apps

Google plans to release commercial quantum computing apps within the next five years.

Science & Technology

Google Opens Its Most Powerful AI Models to Everyone

Google on Wednesday, February 5, released Gemini 2.0, its most capable suite of artificial intelligence models.

Science & Technology

Alphabet Shares Demonstrate Decline on Revenue Miss

On Wednesday, February 5, the value of shares of one of the world’s largest technology giants, Alphabet, showed a drop of more than 7% after this company, which owns Google, published information about its earnings for the fourth quarter of 2024, which fell short of Wall Street’s preliminary expectations and announced large-scale spending plans for […]