News - page 44

Blockchain & Crypto

AI Agent Market Cap Sees Tremendous Growth

The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.

Blockchain & Crypto

Intesa Sanpaolo Makes First €1M Bitcoin Investment

The largest Italian bank, Intesa Sanpaolo, joined the ranks of institutional crypto investors, with its first Bitcoin purchase worth about 1 million EUR.

Science & Technology

Nvidia Invests in MetAI Startup Developing AI-Powered Digital Twins

Nvidia has made its first investment in a Taiwanese startup MetAI, focusing on AI-driven digital twin technology, within its $4 million seed funding round.

Fintech & Ecommerce

Alipay Tap Debuts in Macao

Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.

Fintech & Ecommerce

Robinhood to Settle SEC Charges

The United States Securities and Exchange Commission (SEC) last Monday, January 13, reported that two broker-dealers of Robinhood, a financial services company, agreed to pay $45 billion in combined civil penalties to settle charges that they did not comply with a broad array of regulatory requirements.

Science & Technology

US Tightens Its Grip on AI Chip Shipments

Last Monday, January 13, the United States government announced the continuation of its efforts to expand restrictions on the export of artificial intelligence chips and technologies.

Science & Technology

Chainalysis Acquires Alterya

Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and fintech companies to identify fraudsters and protect end users of firms from authorized swindle.

Finance & Economics

JPMorgan Chase Reportedly Eyes Commercial Banking Expansion in Germany

The media on Tuesday, January 14, published information according to which JPMorgan Chase has plans related to the expansion of its presence in Germany.

Finance & Economics

Apollo to Buy Argo Infrastructure

Apollo Global Management Inc. has agreed to buy Argo Infrastructure Partners in a cash and stock deal that will add about $6 billion to the company’s assets.

Finance & Economics

China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt

The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.

Finance & Economics

China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound

The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.

Finance & Economics

China’s Trade Surplus Reaches Record

China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.

Fintech & Ecommerce

Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

Science & Technology

HPE Reportedly Wins $1 Billion AI Server Deal

Hewlett Packard Enterprise Co. won a deal worth more than $1 billion to provide servers optimized for artificial intelligence, to social media platform X, owned by Elon Musk.

Science & Technology

TSMC Posts Revenue

Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.

Finance & Economics

US Plans to Ban on Chinese Connected Vehicles

The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.