Report - page 51

Google and Nvidia Collaborate on Quantum Computer Development
Science & Technology

Google and Nvidia Collaborate on Quantum Computer Development

Google Quantum AI is currently using the Nvidia CUDA-Q platform and the Nvidia Eos supercomputer to develop its next-generation quantum computing devices.

JPMorgan UK Digital Bank Reportedly Introduces First Credit Card
Fintech & Ecommerce

JPMorgan UK Digital Bank Reportedly Introduces First Credit Card

The media reports that the digital bank, which is based in the United Kingdom and at the same time is part of the ownership structure of JPMorgan Chase, the largest financial institution in the United States by assets, presented its first credit card.

New Nvidia AI Chips Reportedly Overheat in Servers
Science & Technology

New Nvidia AI Chips Reportedly Overheat in Servers

Media reports that Nvidia’s new Blackwell AI chips have encountered problems with accompanying servers that overheat.

Walmart Shares Demonstrate Significant Growth
Fintech & Ecommerce

Walmart Shares Demonstrate Significant Growth

The value of Walmart shares is currently showing the most intense annual growth in the last two decades.

Nomura Expects Fed to Pause Rate-Cut Cycle
Finance & Economics

Nomura Expects Fed to Pause Rate-Cut Cycle

Experts at the Japanese financial company Nomura expect that the Federal Reserve will not decide on cutting interest rates at its monetary policy meeting next month.

QR Codes Take 20% of All Online Scams
Science & Technology

QR Codes Take 20% of All Online Scams

QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.

Spirit Airlines Files for Bankruptcy
Finance & Economics

Spirit Airlines Files for Bankruptcy

On Monday, November 18, Spirit Airlines filed for bankruptcy protection.

Discover and Telered Partner to Improve Payment Experience in Panama
Fintech & Ecommerce

Discover and Telered Partner to Improve Payment Experience in Panama

Discover Financial Services and Telered, the main operator of electronic transactions and payment methods in Panama, have entered into a partnership aimed at improving the quality of payment operations for residents of the mentioned country, local merchants, and visitors.

US Finalizes $6.6 Billion Chips Award for TSMC
Science & Technology

US Finalizes $6.6 Billion Chips Award for TSMC

The United States Commerce Department on Friday, November 15, announced that it finalized a $6.6 billion government subsidy for the US unit of Taiwan Semiconductor Manufacturing Co (TSMC).

Elon Musk Expands Lawsuit Against OpenAI
Science & Technology

Elon Musk Expands Lawsuit Against OpenAI

It has become known that Elon Musk has expanded his lawsuit against OpenAI, the developer of the world’s most popular artificial intelligence-based chatbot called ChatGPT.

Fed’s Susan Collins Says About Prospects of December Rate Cut
Finance & Economics

Fed’s Susan Collins Says About Prospects of December Rate Cut

Federal Reserve Bank of Boston President Susan Collins on Friday, November 15, during a conversation with media representatives, stated that cutting interest rates in the United States in December remains on the table, noting separately in this context that the relevant decision of the US financial regulator will be based on the coming data on […]

China’s Stimulus Measures Raise Domestic Consumption
Finance & Economics

China’s Stimulus Measures Raise Domestic Consumption

For China, the fourth quarter of the current year began and continues as a period of a more balanced condition of the local economic system, which in recent years has been facing various challenges that have a significant sensitive impact on the situation in the relevant space.

Palantir Shares Demonstrate Growth
Science & Technology

Palantir Shares Demonstrate Growth

The shares of Palantir Technologies Inc., an artificial intelligence software developer, confidently resist the skepticism of Wall Street analysts, who doubt the justification for the high market capitalization of this company and do not show enthusiasm in the context of assessing the prospects for sustainable revenue growth of the firm.

Foxconn Reports Q3 Earnings
Science & Technology

Foxconn Reports Q3 Earnings

Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, on Thursday, November 14, released information about its earnings in the third quarter of the current year.

ASML Predicts Growth Continuing
Science & Technology

ASML Predicts Growth Continuing

ASML, a Netherlands-based manufacturer of equipment for making chips, on Thursday, November 14, stated that it expects sales growth in the range of 8% to 14% over the next five years.

Fintech Zopa Aims to Double Profit
Fintech & Ecommerce

Fintech Zopa Aims to Double Profit

Digital lender Zopa, headquartered in London, is currently on track to double profits and to the growth of annual revenue by more than a third in 2024.