Explained - page 25

News

Chinese Startup Numemory Claims Memory Chip Breakthrough

The Chinese startup Numemory, which operates in the space of the semiconductor industry, presented the largest-capacity memory chip in its category, which was developed and manufactured in mainland China.

Science & Technology

Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases

As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.

News

China Stocks Demonstrate Sharp Increase

On Monday, September 30, Chinese stock indexes showed the largest one-day gain in the last 16 years.

News

German Inflation Demonstrates Decline

In Germany, in September, the harmonized consumer price index showed a decline, ending up at 1.8%.

Finance & Economics

US Consumer Sentiment Improves

The rise of consumer sentiment continues to be observed in the United States.

Science & Technology

OpenAI Reportedly Sees Roughly $5 Billion Loss This Year

The media reports that OpenAI, one of the largest players in the global technology sector, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, expects losses of about $5 billion in the current year.

News

Tokyo Electron Plans to Operate in India

Tokyo Electron Ltd. aims to form a team of engineers specializing in chips in India.

News

Micron Shares Demonstrate Significant Increase

On Thursday, September 26, the value of shares of Micron Technology, a manufacturer of memory semiconductors, headquartered in Boise, Idaho, showed an increase of more than 13%.

News

Swiss National Bank Cuts Rates in Third Trim This Year

The Swiss National Bank on Thursday, September 26, adopted the third decision since the beginning of the current year to ease monetary policy.

Science & Technology

Bain Predicts AI Market to Surge to Near $1 Trillion by 2027

Bain & Co. predicts that the global market for artificial intelligence-related products, which is currently on an active growth trajectory, will reach as much as $990 billion in financial volume by 2027, as the rapid adoption of this technology, according to the company’s experts, disrupts firms and economies.

News

Startup Wiz Reportedly Explores Shares Sale

The media, citing knowledgeable insiders, report that the startup Wiz Inc., which operates in the cybersecurity area, is currently in discussions regarding the sale of existing shares at a valuation of up to $20 billion.

Science & Technology

Blackstone and Vista Equity Partners to Acquire Smartsheet

Collaboration software maker Smartsheet announced on Tuesday, September 24 that Blackstone and Vista Equity Partners would acquire it.

Fintech & Ecommerce

DailyPay Plans to Expand Earned Wage Access Services to UK

DailyPay will expand its earned wage access (EWA) services to the United Kingdom in the current fall.

Science & Technology

China’s Semiconductor Industry Demonstrates Moderate Movement Forward

In China, the local semiconductor industry is gradually promoting homegrown lithography tools following the specifications published by the central government of the Asian country, but analysts through the prism of skeptical perception assess the quality level of this movement forward, noting in an appropriate context that Beijing has yet to make a kind of breakthrough […]

Fintech & Ecommerce

PNC and Plaid Collaborate on Secure Sharing of Banking Data

PNC Financial Services Group and Plaid have formed partnerships in which the bank’s customers are allowed to securely share their data with third-party financial apps and services.

Finance & Economics

Capmont Reportedly Launches $111 Million Fund

The media reports that the venture capital company Capmont Technology, which is based in Munich, has launched a fund worth $111 million.