Report - page 7

News

AI Startups Raise $73B in Q1

Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.

Science & Technology

Nvidia CEO Visits Beijing

Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.

Science & Technology

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.

Fintech & Ecommerce

Western Union Develops Media Network Business

Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.

Fintech & Ecommerce

ValidiFI Offers Authoritative Bank Account Verification Tool

Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.

News

Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude

The media published information according to which Anthropic plans to add voice capabilities to its artificial intelligence assistant Claude.

News

Neobank Bunq Plans to Get US Banking License

The European neobank Bunq is currently on its way to obtaining a banking license in the United States.

News

Global Tech Stocks Decrease

On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]

News

South Korea Announces Over $23 Billion for Chip Sector

South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.

Finance & Economics

US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

Finance & Economics

Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

Science & Technology

Nvidia Plans to Manufacture Some AI Chips in US

Nvidia on Monday, April 14, announced that it has commissioned more than a million square feet of production space to build and test artificial intelligence chips in Arizona and Texas.

News

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

News

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

Blockchain & Crypto

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

Blockchain & Crypto

Michael Saylor’s Strategy Buys $285 Million Bitcoin

Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.