Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases
As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.
Report - page 52
SoftBank Reportedly to Invest $500 Million in OpenAI
The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.
Euro-Area Inflation Drops Below 2%
In September, inflation in the eurozone fell below the European Central Bank’s 2% target.
Microsoft Reportedly Plans to Relaunch AI-Powered Recall Offering
The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.
Jerome Powell Says Fed to Lower Rates Over Time
Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.
China Stocks Demonstrate Sharp Increase
On Monday, September 30, Chinese stock indexes showed the largest one-day gain in the last 16 years.
German Inflation Demonstrates Decline
In Germany, in September, the harmonized consumer price index showed a decline, ending up at 1.8%.
US Consumer Sentiment Improves
The rise of consumer sentiment continues to be observed in the United States.
OpenAI Reportedly Sees Roughly $5 Billion Loss This Year
The media reports that OpenAI, one of the largest players in the global technology sector, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, expects losses of about $5 billion in the current year.
Tokyo Electron Plans to Operate in India
Tokyo Electron Ltd. aims to form a team of engineers specializing in chips in India.
Experts Say About AI Chatbots Potential as Cybercrime Tool
HP Wolf Security has recorded the first case when criminals used generative artificial intelligence technologies to write malicious code to distribute a remote access Trojan.
Fintech Firm Chime Reportedly Taps Morgan Stanley to Handle IPO
Media reports that Chime Financial Inc., which specializes in financial technology and focuses on providing free services, has tapped Morgan Stanley to lead its initial public offering (IPO) of shares.
Alphabet to Invest in South Carolina
Business giant Alphabet, which ownership structure includes Google, plans to invest $3.3 billion in South Carolina.
ECB Rate-Cut Bets Jump Amid New Inflation Data
The latest data on the dynamic of the inflationary process in Spain and France have become the driving force behind the intensification of the spread of expectations among investors and economists that the European Central Bank will accelerate the implementation of measures to ease its monetary policy strategy.
Micron Shares Demonstrate Significant Increase
On Thursday, September 26, the value of shares of Micron Technology, a manufacturer of memory semiconductors, headquartered in Boise, Idaho, showed an increase of more than 13%.
First Abu Dhabi Bank Completes Programmable Payments Pilot
First Abu Dhabi Bank has announced the successful completion of a pilot project for the use of programmable payments with JPM Coins through Onyx by JPMorgan.
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