Microsoft to Invest $3 Billion in India
Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.
News - page 46
Fed’s Christopher Waller Supports Further Cuts
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.
Micron to Expand Its Manufacturing Footprint in Singapore
Micron Technology Inc. intends to invest $7 billion to expand its manufacturing footprint in Singapore over the next few years.
Whatnot Raises Funds at $5 Billion Valuation
Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.
Samsung Ramps Up Investments in AI
Samsung Electronics Co. is currently increasing its investment in artificial intelligence for consumer electronics.
Intel Says New Laptop Chips to Extend Computer Battery Life
Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]
Qualcomm’s New Chips to Bring AI to $600 Personal Computers
Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.
AWS to Invest $11 Billion in Georgia
Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.
Anthropic Reportedly to Raise $2 Billion
The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.
Donald Trump Announces $20 Billion Plan to Build New Data Centers
President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.
Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys
The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.
US Trade Deficit Increases
In November, an increase in the trade deficit was recorded in the United States.
AI Startups Drive VC Funding Resurgence
According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.
UK’s Long-Term Borrowing Costs Demonstrate Growth
On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.
Dell Unveils Apple-Like Rebrand
Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.
Nvidia Releases Gaming Chips
Last Monday, January 6, Nvidia revealed new chips for desktop and laptop personal computers using the same Blackwell architecture underpinning the company’s fastest artificial intelligence processors for servers and data centers.
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