Aveni Raises $14 Million
The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.
News - page 90
China to Focus on Consumption
In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.
Euro-Area Economy Demonstrates Growth
In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.
Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028
Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.
Apple Releases First Version of Suite of AI Features
On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.
SK Hynix to Build Chip Plant in South Korea
SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.
ECB Rate Setters Want More Data Before Lowering Cost of Borrowing
This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]
Bank of England Reportedly to Kick Off Slow Cycle of Interest Rate Cuts
The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.
RBI Fines Payment Operators Including Visa
The Reserve Bank of India (RBI) imposed penalties on Visa, Manappuram Finance, and Ola Financial Services for non-compliance.
UK Startup Fractile Raises $15 Million
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
Amazon Partners With Girl Scouts to Promote Diversity in STEM Careers
The current generation of Girl Scouts will soon enter the labour market, so Amazon hosts exclusive tours to showcase to youth the importance and diversity of careers in STEM.
One-Fourth of UK Payments are Contactless
During 2023, 18.3 billion contactless payments were made in the UK, with one-third of adults using mobile contactless payments at least once a month
JPMorgan Reportedly Launches In-House Chatbot
The media reports that JPMorgan Chase has begun the process of implementing its own digital product based on generative artificial intelligence.
Apple Signs On to Voluntary US Scheme to Manage AI Risks
Apple has signed the voluntary commitments of the President of the United States Joe Biden, which are aimed at regulating activities in the artificial intelligence industry.
BofA Says Cooling Economy to Crack Big Tech Rally Even More
Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.
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