TensorWave Raises $100 Million
TensorWave, a Las Vegas-based startup specializing in the development of artificial intelligence infrastructure, announced on Wednesday, May 14, that it managed to raise $100 million in the latest round of financing.
US
Rippling Raises $450 Million
Rippling, a workforce management platform, announced that it has raised new funding worth $450 million and signed an agreement to repurchase shares worth up to $200 million from the current and former employees.
Magnolia Bank Launches Fintech Solution LiaFi
Magnolia Bank, which belongs to the category of community-driven financial institutions and has more than a century of experience in the industry, announced the launch of LiaFi, a fintech platform designed to support small and medium-sized businesses.
Perpay Selects Marqeta to Power Consumer Credit Card
Marqeta, which owns a global functional platform designed for issuing modern bank cards, reported that it was selected by Perpay to power a credit card.
US Economy Adds 177,000 Jobs
The United States labor market, which has demonstrated resilience for a long period, continues to defy expectations in a positive sense even amid increasing uncertainty related to the trade war.
China Says About Prospects of Trade Talks With US
China said it is currently evaluating the possibility of implementing a negotiation process with the United States on trade cooperation between the world’s two largest economies that was actually the first signal from Beijing about the at least theoretical ability of dialogue with Washington after last month, US President Donald Trump announced sweeping tariffs on […]
Qualcomm Reports Earnings
Qualcomm has released information on its financial results for the second fiscal quarter, which exceeded Wall Street’s preliminary expectations, as sales of chips from the San Diego, California-based company showed significant growth.
US Economy Shrinks
At the beginning of the current year, the United States economic system showed a decline for the first time since 2022, amid a significant increase in imports ahead of the announcement of tariffs on goods shipped to the US from other countries, and moderate consumer activity in the context of spending.
Google Wallet to Facilitate Age and ID Verification
Google Wallet expands its functionality with ID passes for the UK market, and mobile IDs spreading to more U.S. states.
Donald Trump Eases Auto Tariffs
President of the United States Donald Trump on Tuesday, April 29, signed an executive order and a proclamation on easing auto tariffs.
UPS Reportedly Considers Partnership With Robotics Startup Figure AI
The media published information according to which United Parcel Service (UPS) and Figure AI are currently considering the possibility of cooperation.
Velera to Provide Card Processing Support to 802 Credit Union
Vermont-based 802 Credit Union (802CU) has selected Velera credit union service organization (CUSO) to provide credit and debit card processing support.
US Wealthy Consumers Raise Their Spending
The situation in the consumer environment of the United States currently does not demonstrate a solidity and is a space in which people’s behavior depends on their financial capabilities, which is generally not something special or extremely rarely observed, but now the corresponding difference has become more obvious, noticeable and indicative.
Beijing Reportedly Exempts Some Goods From US Tariffs
China has exempted some goods imported from the United States from its 125% tariffs.
Intel Reports Disappointing Forecast
Intel Corp., formerly an advanced chip manufacturer currently is trying to rise from the darkness of the problems of recent years and return to the shining heights of leadership in the microcircuits industry, which is more vital than ever at the present stage of global technological progress, has published a weak forecast for the expected […]
TD Bank to Open AI Center
TD Bank Group will open a new office in New York City for its artificial intelligence research and development center, Layer 6, in the current year.
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