Worldcoin to Stop Iris-Scanning Operations in Hong Kong
Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.
Report - page 75
Nvidia Continues to Benefit From AI
Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.
Lenovo Reports Quarterly Earnings
For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.
Xiaomi’s Sales Demonstrate Growth
The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.
UK Inflation Slows
In the United Kingdom, the inflation rate in April was the lowest in almost three years.
Wall Street Provides Financing Deals Backed by AI Chips
Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.
Fed’s Christopher Waller Says About Conditions for Lowering of Interest Rates
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
Nvidia and Kyndryl to Help Businesses Implement GenAI
Kyndryl has teamed up with Nvidia to provide technology and services to businesses that seek to implement solutions based on generative artificial intelligence.
DoorDash Scales Ulta Partnership to All 50 States
DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.
Microsoft Presents Copilot+ PCs
Last Monday, May 20, Microsoft presented a new category of personal computers with artificial intelligence functions.
IBM Makes More Open-Source AI Models
International Business Machines (IBM) on Tuesday, May 21, announced its intention to release a new family of artificial intelligence models in the form of open-source software.
Red Lobster Files for Bankruptcy
Brand Red Lobster, which activities provided middle-class representatives in the United States with access to shrimps and lobsters, has declared bankruptcy.
Microsoft to Unveil Its Vision for AI PCs at Build Developer Conference
On Tuesday, May 21, the Microsoft Build developer conference will begin, during which the technology giant based in Redmond, Washington, will demonstrate its latest projects in the area of artificial intelligence after high-profile events of a similar purpose already held this month by Google and OpenAI.
China’s Capital Outflow Demonstrates Growth
In April, China recorded an increase in the tendency of capital outflows.
China Consumers Face Growing Utility Costs
In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]
AI Startup CoreWeave Raises $7.5 Billion in Debt Deal
Startup CoreWeave, which specializes in building artificial intelligence infrastructure, was able to raise $1.1 billion in equity funding round and $7.5 billion in debt for larger investments in its cloud data centers.
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