Explained - page 25

News

OpenAI and Google DeepMind Employees Want to Speak Out on Concerns About AI

The group of current and former employees of OpenAI and Google DeepMind stated the need to protect themselves from possible retaliation for sharing a position of concern about the potential risks associated with the use and development of artificial intelligence.

Finance & Economics

US Job Openings Fall

The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.

News

China’s Factory Activity Growth Reaches 2-Year High

In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.

News

Indian Stocks Demonstrate Record Highs

Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.

Science & Technology

Nvidia Plans to Launch AI Platform Rubin in 2026

In 2026, Nvidia intends to introduce an artificial intelligence platform called Rubin, which will become part of the new technological products of this company, which is one of the main beneficiaries of the so-called AI boom.

News

Fitch Upgrades Ireland’s Credit Rating

Fitch upgraded Ireland’s rating, which was another evidence of the country’s advancement after the European Union provided its financial assistance 14 years ago.

News

Dell Reports First-Quarter Earnings

Dell has released information on its financial results for the first quarter of fiscal year 2025.

News

Nvidia Approaches to Overtake Apple as World’s Second-Most Valuable Company

In the foreseeable future, Nvidia may surpass Apple and become the second most valuable company in the world.

News

India’s Economy Demonstrates Growth

India’s economy grew by more than 8% in the fiscal year that ended in March.

Finance & Economics

Euro-Area Inflation Accelerates

In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.

Science & Technology

Rows Raises $8.7 Million

Rows reported that it managed to raise 8 million euros (about $8.7 million).

Finance & Economics

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds

The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.

News

China’s Middle Class Concerns About Spending

According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.

Science & Technology

China Creates $47.5 Billion Chip Fund

China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.

News

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

News

TD Bank Reportedly Improves Anti-Money Laundering Processes

The media reports that Toronto-Dominion Bank (TD Bank) has decided to dismiss more than a dozen employees and has begun activities to modernize its functional processes to improve the system of countering transactions aimed at money laundering.