Wiz Reportedly Rejects Google Deal
Media reports that the startup Wiz, which specializes in developing solutions in the area of cloud security, rejected Google’s offer to buy this firm for $23 billion.
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Fed’s John Williams Says About Prospects of Changes in Monetary Policy
Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.
China to Intensify Support for Equipment Upgrades
Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.
UK Wage Growth Demonstrates Slowdown
A slowdown in the rate of wage growth was recorded in the United Kingdom.
Xi Jinping to Unveil Vision for Chinese Economy
The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.
Anthropic and Menlo Ventures Partner on AI Fund
Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of artificial intelligence.
ASML Shares Fall Amid Risk of More US Export Curbs
The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.
AI and Discounts Help Smartphone Market to Grow
In the second quarter of this year, the global smartphone market recorded an increase in sales figures.
US Producer Prices Demonstrate Growth
In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.
OpenAI Reportedly Prepares Plan for Movement to AGI
The media reports that OpenAI has developed an action strategy, the ultimate goal of which is artificial general intelligence (AGI).
AMD to Acquire Startup Silo AI
Last Wednesday, July 10, Advanced Micro Devices (AMD), based in California, announced the acquisition of Finnish startup Silo AI, which operates in the artificial intelligence industry.
Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap
Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]
OpenAI Partners With Los Alamos National Laboratory
OpenAI began to cooperate with Los Alamos National Laboratory, which is known for developing the world’s first atomic bomb.
China’s Premier Positively Estimates Country’s Economy
Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.
Oracle and xAI Reportedly End Talks on $10 Billion Server Deal
Media reports that billionaire Elon Musk’s startup xAI, which operates in the artificial intelligence industry, and technology giant Oracle have completed negotiations on a potential server deal worth $10 billion.
TSMC Reaches One Trillion Dollar Market Capitalization
Taiwan Semiconductor Manufacturing Co (TSMC) has entered a kind of elite club of the most valuable companies in the world demonstrating by its example that the rapid development of the artificial intelligence industry and the technological evolution of AI are factors in significant impact on the state of affairs on Wall Street.
