US Manufacturing Sector Demonstrates Growth
In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.
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DeepMind Co-Founder Says About Negative Aspect of AI Hype
Demis Hassabis, one of the co-founders of DeepMind, said that excessive hype around artificial intelligence is a barrier to making progress in the AI industry.
China’s Manufacturing Activity Demonstrates Growth
In China, manufacturing activity grew at the fastest pace in the last 13 months in March.
World Bank Says About Rapid Growth of East Asian Economy
World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.
Amazon to Spend $148 Billion on Data Centers
Amazon.com Inc. intends to spend almost $150 billion on data centers over the next 15 years.
Experts Forecast Rebound of Global Smartphone Market in 2024
The report of experts from Counterpoint Research, which was published on Thursday, March 28, contains a forecast that in the current year, the volume of global smartphone shipments will show an increase of 3%.
China Aims to Be Driving Force for World Economic Recovery
China is currently striving to become a powerful driving force in the process of recovery of the global economic system.
Google and Pinterest Reportedly Test Ad Partnership in US
The media reports that Google and Pinterest are currently testing collaboration in the sphere of advertising.
Robinhood Launches Credit Card for Its Gold Members
Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.
Expert Says About India’s Mistake in Economy
The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.
UK Retail Sales Demonstrate Positive Dynamic
In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.
German Business Outlook Improves
In Germany, an improvement in business outlook was recorded, which turned out to be higher than preliminary expectations and gave rise to cautious hopes that the country’s economic system would leave the downturn zone, which turned it into a kind of outsider of the eurozone.
Fintech Akulaku Secures HSBC Financing
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
Nvidia Unveils Humanoid Robot Project
Nvidia begins the history of its presence in the humanoid robotics area.
Swiss National Bank Unexpectedly Cuts Its Key Interest Rate
The Swiss National Bank (SNB) has made an unexpected decision to cut its key interest rate by 25 basis points.
Intel Plans to Spend $100 Billion on Chip Plants
Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.
