In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.
The media reports that PDD Holdings, which ownership structure includes Temu, a company operating in the e-commerce area, is currently sitting at $38 billion in cash.
OpenAI reported that the number of weekly active users of its AI-powered chatbot called ChatGPT is more than 200 million.
Inflation in the Eurozone fell to 2.2% in August.
Last Thursday, August 29, Dell published information on the financial results of its operations in the second quarter of fiscal year 2025, which turned out to be more optimistic compared to the content of the preliminary forecasts of Wall Street analysts and became evidence of the company’s upward dynamic business related to servers.
Intel shares are currently on a growth trajectory.
In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).
Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.
Media reported that venture capital group G Squared raised $1.1 billion in investment funds.
Coupa, specializing in spending management activities, announced that more than 100 innovative solutions based on artificial intelligence have been added to its platform.
International Business Machines (IBM) Corp. is shutting down a key research division in China.
The media, citing interviewed experts, report that with a high degree of probability on Wednesday, August 28, Nvidia will publish information on earnings for the second fiscal quarter, which will show that the company’s revenue has more than doubled.
Germany’s business outlook continues to be at a low level, currently being minimal since February.
Walmart has sold its entire stake in Chinese e-commerce giant JD.com.
Microsoft on Wednesday, August 21, announced that in October it will release a controversial Recall search function using artificial intelligence.
OpenAI launched fine-tuning for GPT-4o and stated that as a result of using this new feature, developers will be able to increase the level of performance and improve such an aspect of their apps as accuracy.
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