Microsoft to Invest in German AI Infrastructure
Microsoft President Brad Smith announced his intention to direct investment funds for €3.2 billion ($3.4 billion) to the development of artificial intelligence infrastructure in Germany.
Germany - page 3
German Prices Ease More Than Expected
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
Germany to Back EU AI Act
Germany intends to support the proposals of the European Union on the regulation of artificial intelligence after the Ministry of Transport and Digital Affairs abandoned its position of disagreement with the Law of this bloc of countries on AI.
N26 Rolls Out Stock & ETF Trading
German online bank N26 has launched the long-anticipated Stock and ETF trading product that will allow its customers to buy and sell stocks and ETFs in-app for 0.90 EUR per trade.
Volkswagen Adds ChatGPT to Vehicle Voice Assistant
Volkswagen plans to add a popular AI-powered chatbot ChatGPT function into all its car and SUV models equipped with IDA voice assistant.
German Budget Crisis Worsens
The German leadership decided on an emergency spending freeze against the background of the decision of the country’s top court, which aggravated the already existing budget crisis, which became a kind of shock factor for Europe’s largest economy.
Germany to Help Its Tech Industry to Compete With Silicon Valley
Germany has approved a package of reforms in the sphere of capital that will help this country’s technology sector compete with Silicon Valley.
German Companies Invest Over $500 Million In AI Startup Aleph Alpha
Aleph Alpha GmbH, a startup operating in the sphere of artificial intelligence, and striving to create a European competitor to large language models developed by OpenAI and Google, managed to raise investment funds for more than $500 million from a consortium of industrial giants and financial investors.
Europe’s Biggest Economy Shrinks
According to the results of the third quarter of this year, a decrease in the volume of production activity was recorded in Germany.
Mercedes Pay+ Introduces In-Car Biometric Payments
The partnership between Mercedes and Mastercard enables embedded in-car payments via fingerprint sensor
Nigeria Has The Most Crypto-Keen Population Globally
The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies
FinMont to Partner With Chargebacks911
The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.
Сhipmaker TSMC Сommittes $3.8 Billion to Factory in Germany
Taiwanese chip manufacturer TSMC on Tuesday, August 8, announced the provision of financing in the amount of $3.8 billion for the construction of a plant in Germany.
Commerzbank Performs Live Blockchain-Based Transactions on Trade Finance Network Contour
Commerzbank has become the first German Bank to successfully carry out blockchain-based Letter of Credit (LC) transactions for its clients at its Singapore and Shanghai branches on the digital trade finance platform Contour
Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing
The government of German Chancellor Olaf Scholz, according to media reports, intends to provide financing for 20 billion euros for the development of semiconductor production in this country.
Flatpay Raises $16 Million for Flat-Rate POS Technology
The Danish fintech company Flatpay has raised investments for about $16 million as part of a Series A financing round.
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