News - page 33

Blockchain & Crypto

Robinhood Plans to Launch Crypto Products in Singapore

Robinhood Markets Inc. plans to launch Singapore crypto offerings in the current year through the entity of the European digital asset exchange Bitstamp Ltd., which it acquired.

Science & Technology

Elon Musk’s xAI Releases Grok 3

Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.

Science & Technology

South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre

On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.

Finance & Economics

Japan’s GDP Beats Forecasts

The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.

Blockchain & Crypto

Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth

The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.

Science & Technology

Bain Backs AI Cybersecurity Startup Dream

Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.

Finance & Economics

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

Finance & Economics

Bank of England Governor Warns Economy Static

Bank of England Governor Andrew Bailey warned that the United Kingdom’s economic system is still static.

Finance & Economics

Bundesbank President Says US Tariffs to Hit Germany Particularly Hard

Bundesbank President Joachim Nagel said Germany would be particularly hard hit by protectionism and trade tariffs from the United States, worsening the already bleak prospects for Europe’s largest economic system.

Science & Technology

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

Blockchain & Crypto

Deutsche Börse CEO Says EU Needs Permanent CBDC

Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.

Blockchain & Crypto

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

Science & Technology

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

Fintech & Ecommerce

Revolut Launches in Ukraine

Residents of Ukraine can now open European multi-currency accounts through Revolut Bank.

Science & Technology

Meta Plans Investments Into AI-Driven Humanoid Robots

Meta Platforms is establishing a new division within its Reality Labs unit to develop artificial intelligence-powered humanoid robots that are expected to be capable of helping humans perform physical tasks.

Science & Technology

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.