JPMorgan Chase Reports Second-Quarter Revenue
JPMorgan Chase on Friday, July 12, released information about its earnings for the second quarter of the current year.
Report - page 67
Skild AI Raises $300 Million
Skild AI has announced that it has managed to increase investment funds by $300 million as part of the Series A financing round.
OpenAI Reportedly Prepares Plan for Movement to AGI
The media reports that OpenAI has developed an action strategy, the ultimate goal of which is artificial general intelligence (AGI).
AMD to Acquire Startup Silo AI
Last Wednesday, July 10, Advanced Micro Devices (AMD), based in California, announced the acquisition of Finnish startup Silo AI, which operates in the artificial intelligence industry.
Samsung Plans to Launch Upgraded Voice Assistant Bixby
This year, the South Korean technology giant Samsung intends to present a new version of its voice assistant Bixby.
Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap
Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]
OpenAI Partners With Los Alamos National Laboratory
OpenAI began to cooperate with Los Alamos National Laboratory, which is known for developing the world’s first atomic bomb.
Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth
The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.
US Economy Faces Threat of Unemployment
Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.
China’s Premier Positively Estimates Country’s Economy
Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.
Oracle and xAI Reportedly End Talks on $10 Billion Server Deal
Media reports that billionaire Elon Musk’s startup xAI, which operates in the artificial intelligence industry, and technology giant Oracle have completed negotiations on a potential server deal worth $10 billion.
Commercial Bank of Dubai Partners With Visa
Commercial Bank of Dubai cooperates with Visa in the area of credit and debit cards, core data assets and insights, and marketing initiatives.
Paytm Reportedly Gets India’s Nod to Invest in Payments Arm
Indian-beleaguered Paytm has received approval to invest 500 million rupees ($6 million) in a key subsidiary.
TSMC Reaches One Trillion Dollar Market Capitalization
Taiwan Semiconductor Manufacturing Co (TSMC) has entered a kind of elite club of the most valuable companies in the world demonstrating by its example that the rapid development of the artificial intelligence industry and the technological evolution of AI are factors in significant impact on the state of affairs on Wall Street.
Citi Says About Need to Book Profits in High-Flying AI Equities
Strategists at Citigroup Inc. say the tendency of soaring share prices of companies operating in the artificial intelligence industry space may not be showing much signs of flagging at present, but the time has come for profit-taking in major markets.
AI Boom Accelerates Growth in Taiwanese Exports
Last month, the volume of Taiwan’s export activity demonstrated the dynamic of growth, the pace of which turned out to be the fastest since February 2022.
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