AWS to Invest $10B in AI Infrastructure in Ohio
AWS plans to strengthen its commitment to Ohio with a $10 billion investment supporting the surging demand for cloud computing and AI.
All materials - page 16
AI Startup Basis Raises $34 Million
The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.
Databricks Hits $62 Billion Valuation
Databricks, one of the most valuable privately held companies, on Tuesday, December 17, announced the raising of financing for $10 billion after one of the largest venture capital funding rounds in history.
China’s Integrated Circuit Output Slows
In China, integrated circuit (IC) output in November showed an increase of 8.7% year-on-year.
China Seeks to Dominate in AI
China is currently striving to become the dominant player in the global artificial intelligence industry, and according to media reports, citing insiders and experts, Beijing’s corresponding efforts may eventually prove successful, since AI models developed in the Asian country already demonstrate a high level of efficiency and have significant competitiveness.
US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs
Jamie Dimon, chief executive officer of JPMorgan Chase, the largest financial institution in the structure of the United States banking sector, has repeatedly made some kind of warning statements over the past year that the US economy faces a high level of risk that a negative stagflation scenario will be implemented in its space, repeating […]
UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
Ripple Launches New Stablecoin
Ripple has officially launched its U.S. dollar-pegged stablecoin, fully backed by fiat deposits, government bonds, and cash equivalents.
Generative AI in Payments: Unlocking New Possibilities in Fintech
Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]
Wiki Finance Expo Hong Kong 2025 is Coming on March 27!
Regulation, Crypto, Web3.0, Forex, FinTech will Be in Focus. Taking place on Mar. 27th, 2025, Wiki Finance Expo Hong Kong 2025 is the largest and most influential Fintech and Web3.0 event in Asia in 2025. Wiki Finance Expo Hong Kong 2025 has promised to bring a wonderful and rewarding summit for the industry. Register to […]
Affordable Tech Solutions for Hassle-Free Device Access
Managing device access is no longer limited to traditional mouse and keyboard setups. Modern solutions empower businesses to deliver remote assistance, maintenance, training, and support. These tools integrate advanced features and work across platforms, enabling organisations to operate more efficiently while cutting costs.
Tyme Becomes Unicorn After $250M Funding Round Led by Nubank
Singapore-based digital banking group Tyme has successfully raised $250 million, bringing the business a ‘unicorn’ status.
Fintech Market Breakthroughs 2024: A Year in Review
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
OpenAI Launches ChatGPT Search Features to All Users
On Monday, December 16th, OpenAI rolled out the search product for all users of its chatbot ChatGPT.
Goldman Sachs Says About Practice of Using AI by American Companies
New research from Goldman Sachs indicates that among American companies, the practice of using artificial intelligence technologies is being implemented on a limited scale and is not yet what can be described as a massive process.
China’s Weak Consumption Puts Pressure on Economy
Last month, industrial output growth accelerated in China, but at the same time, retail sales in this Asian country turned out to be disappointing, amid which calls for Beijing to strengthen measures to stimulate consumer activity increased.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.