Report - page 15

News

Broadcom Shares Demonstrate Growth

Broadcom shares showed growth after the company released positive financial results for the first quarter of fiscal 2025 and optimistic guidance last Thursday, March 6, indicating continued demand for artificial intelligence.

News

US Economy Adds 151,000 Jobs

In the United States, job growth stabilized last month, while the country’s unemployment rate increased.

Science & Technology

GenAI Revenue to Surpass $1T by 2028

The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.

Fintech & Ecommerce

Sunrate and Atlas to Address Travel Industry’s Cross-Border Payment Challenges

Sunrate and Atlas have joined forces to address challenges related to cross-border payments in the travel industry.

News

Klarna CEO Says SaaS Companies to Consolidate as Customers Seek Hub of Knowledge

Klarna founder and chief executive officer Sebastian Siemiatkowski said last Tuesday, March 4, that companies operating in the software-as-a-service (SaaS) area are likely to consolidate as customers of firms in the appropriate category involved in the process of adopting artificial intelligence strive for the so-called hub of knowledge.

News

Visa Tap to Phone Adoption Grows 200%

Over the past year, adoption of a rapidly expanding Visa Tap to Phone technology has skyrocketed by 200% worldwide, enabling SMBs to accept transactions seamlessly and at low cost.

Science & Technology

Apple Launches New iPad Air

Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.

News

Stocks Drop Amid Trade-War Jitters

There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.

News

European Inflation Cools

Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.

News

Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan

The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.

Science & Technology

Scammers Use Social Media Selfies and GenAI

The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.

News

ChinaAMC Launches Hong Kong’s Retail Tokenised Money Market Fund

ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund, which is also available to retail investors.

Fintech & Ecommerce

Temu Partners With Nuvei

Global online marketplace Temu is partnering with Canadian fintech company Nuvei to provide worldwide customers with greater access to local payment methods.

Science & Technology

OpenAI Launches GPT-4.5 for Some Paying Users

OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.

News

Stripe Says AI Boom Drives 38% Increase in Payment Volume

Stripe’s investments in artificial intelligence and machine learning contributed to the rapid growth of the financial infrastructure platform last year, as the company’s co-founders Patrick Collison and John Collison wrote in their annual letter to the community of the firm, which was published on Thursday, February 27.

News

Amazon Unveils Quantum Chip

Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.