Mexican Fintech Stori Enters Colombian Market
Mexican fintech company Stori is set to launch in Colombia with a $100 million investment.
Report - page 58
German Inflation Slows
In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).
Nvidia Exceeds Earnings Expectations
Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.
AI’s Race for US Energy Intensifies
In the United States, local technology companies are currently actively using energy assets that are owned by bitcoin miners.
Realme Plans 100 Million AI Handset Shipments in Coming Years
In China, the local smartphone manufacturer Realme intends to ship 100 million artificial intelligence devices over the next three years.
German Companies Face Financial Consequences of Cybercrime and Sabotage
On Wednesday, August 28, the results of a special survey were published, according to which last year in Germany, local companies faced financial losses of 267 billion euros ($298 billion) as a result of crimes committed in virtual space and other acts of sabotage.
HP to Get $50 Million for Semiconductor Tech Project
The US Commerce Department on Tuesday, August 27, announced its intention to allocate $50 million to HP technology company to finance efforts related to the expansion and modernization of the production site of this brand in Oregon.
Reserve Bank of India to Roll Out Lending Platform
The Reserve Bank of India (RBI) intends to launch a technology platform that aims to enable frictionless lending.
G Squared Reportedly Raises $1.1 Billion
Media reported that venture capital group G Squared raised $1.1 billion in investment funds.
Coupa Adds AI Tools to Spend Management Platform
Coupa, specializing in spending management activities, announced that more than 100 innovative solutions based on artificial intelligence have been added to its platform.
Thailand Approves Western Digital’s Investment Project
Thailand has approved Western Digital’s project to expand the production of hard disks in this country.
Apple Announces iPhone Event
Apple on Monday, August 26, announced that on September 9, a press conference will be held at its headquarters located in Cupertino, California, during which new iPhone and Watch models are expected to be presented.
Germany’s Business Outlook Remains Low
Germany’s business outlook continues to be at a low level, currently being minimal since February.
Stablecoin Market Cap Reaches All-Time High
After a consecutive 11-month growth, stablecoins reached a new all-time high of $168 billion in market cap.
Revenew Raises $4.55 Million
Revenew announced that it has raised $4.55 million in venture capital.
Revolut Expands Business Payment Gateway
The Revolut Business Payment Gateway can now be integrated with BigCommerce.
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