Report - page 76

News

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.

News

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.

News

DoorDash Scales Ulta Partnership to All 50 States

DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.

News

Microsoft Presents Copilot+ PCs

Last Monday, May 20, Microsoft presented a new category of personal computers with artificial intelligence functions.

Science & Technology

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.

Finance & Economics

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.

News

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.

Finance & Economics

China’s Capital Outflow Demonstrates Growth

In April, China recorded an increase in the tendency of capital outflows.

Finance & Economics

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 […]

Science & Technology

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.

News

Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.

Fintech & Ecommerce

Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank

Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.

Fintech & Ecommerce

Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program

Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.

Science & Technology

Baidu Revenue Grows

Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.

News

Dell Shares Rise

Last Wednesday, May 15, Dell shares rose by more than 11% after Morgan Stanley raised its price target and released a forecast that this technology company, based in Round Rock, Texas, will increase sales in the foreseeable future amid high demand for artificial intelligence servers.

Finance & Economics

Dow Crosses 40,000

On the morning of Thursday, May 16, the Dow Jones index crossed the 40,000-point mark for the first time in its history.