Elon Musk Predicts AI to Surpass Human Intelligence
Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.
Report - page 6
Wells Fargo Profit Shrinks
Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.
Citigroup Posts First-Quarter Revenue
Citigroup reported earnings for the first quarter of 2024.
Official Says About Impact of China’s Policy to Boost Demand
China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.
UK Economy Demonstrates Growth
In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.
Apple Reportedly Plans to Overhaul Entire Mac Line With M4 Chips
The media reports that Apple Inc., which is making efforts to recover sales of its computers, is currently preparing to overhaul the entire Mac line.
OpenAI CEO Reportedly Seeks Global Support for AI Infrastructure
The media, citing insiders, report that OpenAI CEO Sam Altman is currently holding meetings with government and industry officials in several countries to provide the support necessary for the full implementation of the process of building an infrastructure for artificial intelligence.
ECB Holds Interest Rates to First Cut in June
During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.
Amazon CEO Says About Role of His Company in Generative AI Boom
Chief Executive Officer Amazon.com Inc. Andy Jassy said that the cloud infrastructure of the company he heads will become an essential part of the boom in the generative artificial intelligence industry.
China Reports Inflation Data
In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.
Key US Price Gauge Exceeds Forecasts
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Amazon Decides to Stop Paying Developers to Create Apps for Alexa
Amazon.com Inc. has decided to no longer pay developers to create apps for Alexa.
Meta Unveils New AI Chip
Meta Platforms Inc. is deploying a new chip designed to ensure the functioning of the artificial intelligence services of this technology giant.
Fitch Downgrades China’s Outlook
Last Tuesday, April 9, Fitch downgraded the outlook on China’s credit rating, explaining the corresponding decision by the fact that currently, this Asian country is facing such negative circumstances as growing financial risks that have arisen against the background of significant problems in the local economic system.
March Inflation Data to Prolong Expectations Fed Rate-Cut
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Intel Unveils Latest AI Chip
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
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