Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.
Nvidia intends to participate in the process of creating an artificial intelligence ecosystem in Japan.
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Goldman Sachs thinks that there is currently an overly optimistic mood in the financial markets regarding the possible range of interest rate cuts by the Federal Reserve next year.
British Chancellor of the Exchequer Jeremy Hunt blamed Brexit for a period of political instability that lasts for more than five years and is a factor that caused a decrease in investor confidence in the United Kingdom.
Mario Centeno, a member of the Governing Council of the European Central Bank (ECB), told colleagues that it was highly likely that the consequences of excessive tightening for the European labor market could be rapid during the recovery of the economic system of the region.
Media reports that in China, millions of local consumers are faced with the problem of blocking access to mobile payment apps.
Yann LeCun, chief researcher at Meta and a pioneer of deep learning, believes that current artificial intelligence systems will have to go through a development path lasting several decades before these AI configurations will get some semblance of sentience, having a core in the form of the common sense, expanding their capabilities beyond the creative […]
The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.
Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.
Analysts at Goldman Sachs and Morgan Stanley predict that sales volumes will recover in the smartphone market next year, despite numerous warnings that the current downturn in this commercial space will be long-term and so far has no signs of ending soon.
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.
Amazon Web Services (AWS) has presented its new development based on artificial intelligence, which is capable of generating images.
In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.
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