Apple Reportedly Gets Observer Seat on OpenAI Board
The media reported that Apple will take an observer position on the board of directors of OpenAI.
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China Leads Generative AI Patents Race
China has significantly outperformed other countries in the area of inventions using artificial intelligence, including such as chatbots.
Calastone Says UK Investors Buy $14.5 Billion of Stocks This Year
Data from the Calastone fund network shows that in the United Kingdom, investors added a record 11.4 billion pounds ($14.5 billion) to private equity funds in the first six months of the current year.
Jerome Powell Says About Bit of Progress on Inflation
On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.
Euro-Area Inflation Eases to 2.5%
On Tuesday, July 2, the statistical agency of the European Union released information according to which headline inflation in the eurozone fell to 2.5% last month.
China Faces Risks Amid Bond Market Bubble
Currently, there is a tendency in China, in which money flows rush into government bonds, the consequences of which are circumstances such as a sharp increase in the price index of these emission securities and a simultaneous drop in their yields to a level corresponding to a record low.
French Antitrust Regulator Reportedly Targets Nvidia
The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.
Revolut CEO Demonstrates Optimism About UK Bank License Approval
The head of Revolut, a financial technology industry giant based in the United Kingdom, Nikolay Storonsky, said he was optimistic about the prospects that this company would receive a banking license from the UK authorities.
Basware Announces Integration With Amazon Business
Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.
Physical Cards Drive Passwordless Future
Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.
State Bank of India Rolls Out Web-Based Invoice Financing Solution
The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.
Robinhood Acquires AI-Driven Platform Pluto
Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., the artificial intelligence research platform.
South Korea’s Export Grows Amid Record Chip Sales
In June, an increase in South Korea’s export activity was recorded.
China’s Factory Activity Rises
In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.
SK Hynix to Invest $75 Billion in Chips
SK Hynix Inc., the semiconductor unit of South Korea’s SK Group, intends to invest 103 trillion won ($74.8 billion) in the chip area by 2028.
China’s Central Bank to Borrow Treasury Bonds From Primary Market
On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.
