Explained - page 7

News

US Hiring Tops Estimates

Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.

Finance & Economics

Experts Say US Jobs Report to Show Stable Growth in September

Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.

Science & Technology

OpenAI Secures $4 Billion Credit Line

OpenAI has secured a new revolving credit line worth $4 billion.

News

India to Fabricate Its First Chip in Two Years

India will fabricate its first chip in two years.

Science & Technology

Nvidia and Accenture to Boost Corporate AI Adoption

Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.

Science & Technology

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.

News

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.

Finance & Economics

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%.

Finance & Economics

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.

News

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.

Science & Technology

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.