UPI Transactions Surge 52%
Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.
Report - page 48
US Consumer Sentiment Declines
In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.
AMD Launches New AI Chip
AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.
CoreWeave Gets $650 Million Credit Line
CoreWeave, an artificial intelligence startup that rents out chips to other companies, on Friday, October 11, announced that it has a new credit line for $650 million.
BlackRock Hits $11.5 Trillion of Assets
Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.
Wells Fargo Reports Third-Quarter Earnings
Wells Fargo on Friday, October 11, released information about its earnings for the third quarter of the current year.
JPMorgan Chase Earnings Exceed Estimates
JPMorgan Chase has released information about earnings in the third quarter of the current year, which exceeded preliminary forecasts for the dynamic of the corresponding indicator.
SoFi Adds New Credit Cards to Its Product Line
SoFi Technologies has added two new credit cards to its digital financial services line.
Smartsheet and AWS to Help Companies Access Their Work Management Data
Amazon Web Services (AWS) and Smartsheet, as part of a partnership, will join forces to help companies access their work management data through a digital assistant based on generative artificial intelligence.
Startup Writer Launches New AI Model
The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.
Amazon Tests Adding Robot Warehouses to Whole Foods
Amazon last Wednesday, October 9, announced that it was testing adding mini-warehouses to Whole Foods supermarkets.
US Inflation Rate Tops Expectations
In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.
Sustainable Funds Outperform Traditional Ones in H1 2024
Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.
Mercury Secures $100 Million Credit Warehouse
Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.
Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages
Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.
JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public
JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.
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