Fintech Akulaku Secures HSBC Financing
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
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Apple Reportedly Discusses Using of Baidu AI in Chinese iPhones
The media reports that Apple Inc. is currently negotiating the use of generative artificial intelligence systems of the Chinese company Baidu Inc. in the iPhone and its other devices.
Huawei Tests Brute-Force Method for Manufacturing Advanced Chips
Huawei Technologies Co. and its chip manufacturing partner, about which there is no information, except for being based in China, have filed patent applications for a method of making microcircuits, which is low-tech but has potential in terms of such a parameter as efficiency.
Microsoft Presents First Surface PCs
Microsoft is releasing its first Surface PCs with a dedicated Copilot button on the keyboard, which provides users with quick access to the chatbot.
AI Startup Cohere Reportedly Targets $5 Billion Valuation
The media reports that the Canadian startup Cohere which specializes in carrying out activities in the artificial intelligence industry, is currently actively negotiating the raising of investment funds for $500 million.
Nvidia Unveils Humanoid Robot Project
Nvidia begins the history of its presence in the humanoid robotics area.
US Sues Apple
The United States Department of Justice and 16 attorneys general sued Apple Inc.
Swiss National Bank Unexpectedly Cuts Its Key Interest Rate
The Swiss National Bank (SNB) has made an unexpected decision to cut its key interest rate by 25 basis points.
UBS Reportedly Plans to Shut Thousands of Smaller Credit Suisse Asia Accounts
The media, citing insiders, report that UBS Group AG intends to shut down Credit Suisse accounts with a small value, the number of which currently stands at several thousand.
Ledger to Launch iPod-Inspired Crypto Wallet
Crypto wallet maker Ledger has announced its intention to launch its hardware crypto wallet called Ledger Stax, which was designed by iPod inventor Tony Fadell.
High Tech Firm VDL to Build Plant in Vietnam
Dutch high-tech company VDL on Wednesday, March 20, announced its intention to build a new factory for the production of components for making chips in Vietnam.
Expert of Goldman Sachs Says About State of US Economy
Jan Hatzius, the chief economist at Goldman Sachs, said during a conversation with media representatives that the soft landing, which was perceived as something like a fantastic scenario for the Federal Reserve System, is still on track.
Apple CEO Arrives in Shanghai
The Chief Executive Officer of Apple Inc. Tim Cook on Wednesday, March 20, posted a video indicating that he arrived in Shanghai, where the opening ceremony of the new store of the technology giant will take place on Thursday, March 21.
Intel Plans to Spend $100 Billion on Chip Plants
Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.
Amazon to Release New TV Shows and Films on Its Indian Streaming Platforms
Amazon.com Inc. announced its intention to release more than 70 new TV shows and films on its Indian streaming platforms.
Xiaomi Posts Revenue Rise
The Chinese company Xiaomi published its financial results for the fourth quarter of last year.
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