Explained - page 2

News

ChatGPT Weekly Users Reach 200 Million

OpenAI reported that the number of weekly active users of its AI-powered chatbot called ChatGPT is more than 200 million.

News

Eurostat Reports Inflation Decline

Inflation in the Eurozone fell to 2.2% in August.

Science & Technology

Dell Shares Rise Amid Positive Earnings Report

Last Thursday, August 29, Dell published information on the financial results of its operations in the second quarter of fiscal year 2025, which turned out to be more optimistic compared to the content of the preliminary forecasts of Wall Street analysts and became evidence of the company’s upward dynamic business related to servers.

News

Intel Rises Due to Investor Enthusiasm

Intel shares are currently on a growth trajectory.

News

German Inflation Slows

In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).

News

Nvidia Exceeds Earnings Expectations

Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.

Finance & Economics

G Squared Reportedly Raises $1.1 Billion

Media reported that venture capital group G Squared raised $1.1 billion in investment funds.

Fintech & Ecommerce

Coupa Adds AI Tools to Spend Management Platform

Coupa, specializing in spending management activities, announced that more than 100 innovative solutions based on artificial intelligence have been added to its platform.

Science & Technology

IBM to Close Its China R&D Department

International Business Machines (IBM) Corp. is shutting down a key research division in China.

Science & Technology

Nvidia Q2 Sales Reportedly to Double

The media, citing interviewed experts, report that with a high degree of probability on Wednesday, August 28, Nvidia will publish information on earnings for the second fiscal quarter, which will show that the company’s revenue has more than doubled.

Finance & Economics

Germany’s Business Outlook Remains Low

Germany’s business outlook continues to be at a low level, currently being minimal since February.

Fintech & Ecommerce

Walmart Sells JD.com Shares

Walmart has sold its entire stake in Chinese e-commerce giant JD.com.

Science & Technology

Microsoft to Release Windows Recall AI Search Feature in October

Microsoft on Wednesday, August 21, announced that in October it will release a controversial Recall search function using artificial intelligence.

News

OpenAI Rolls Out Fine-Tuning Feature for GPT-4o

OpenAI launched fine-tuning for GPT-4o and stated that as a result of using this new feature, developers will be able to increase the level of performance and improve such an aspect of their apps as accuracy.

News

Analysts Say About China’s Lagging in Cut-Edge Chips Manufacturing

Data from a new study suggests that, as of today, China is about five years behind the world leaders in the area of high-end logic chip production and continues to be at a significant distance from the leadership in the semiconductor equipment manufacturing sector.

News

Technology Giants Boost Hong Kong Stocks

Hong Kong stock indexes on Monday, August 19, showed growth against the background of the rising value of shares of technology companies.