Explained - page 32

News

Anthropic and Menlo Ventures Partner on AI Fund

Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of ​​artificial intelligence.

News

ASML Shares Fall Amid Risk of More US Export Curbs

The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.

News

AI and Discounts Help Smartphone Market to Grow

In the second quarter of this year, the global smartphone market recorded an increase in sales figures.

News

Google Reportedly Considers Purchase of Cybersecurity Startup Wiz

Media reports indicate that Google is currently in talks about a potential acquisition of Wiz, a startup operating in the cybersecurity area.

News

China’s Economy Continues to Grow

The Chinese economy in the second quarter of the current year showed growth, the pace of which was lower than the dynamic expected by experts.

News

US Producer Prices Demonstrate Growth

In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.

Science & Technology

Apple Launches Vision Pro Sales on New Markets

The Vision Pro mixed reality headset, developed by Apple, on Friday, July 12, became available for purchase in new markets.

Science & Technology

OpenAI Reportedly Prepares Plan for Movement to AGI

The media reports that OpenAI has developed an action strategy, the ultimate goal of which is artificial general intelligence (AGI).

Science & Technology

AMD to Acquire Startup Silo AI

Last Wednesday, July 10, Advanced Micro Devices (AMD), based in California, announced the acquisition of Finnish startup Silo AI, which operates in the artificial intelligence industry.

Fintech & Ecommerce

Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap

Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]

Science & Technology

OpenAI Partners With Los Alamos National Laboratory

OpenAI began to cooperate with Los Alamos National Laboratory, which is known for developing the world’s first atomic bomb.

News

China’s Premier Positively Estimates Country’s Economy

Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.

Science & Technology

Oracle and xAI Reportedly End Talks on $10 Billion Server Deal

Media reports that billionaire Elon Musk’s startup xAI, which operates in the artificial intelligence industry, and technology giant Oracle have completed negotiations on a potential server deal worth $10 billion.

News

TSMC Reaches One Trillion Dollar Market Capitalization

Taiwan Semiconductor Manufacturing Co (TSMC) has entered a kind of elite club of the most valuable companies in the world demonstrating by its example that the rapid development of the artificial intelligence industry and the technological evolution of AI are factors in significant impact on the state of affairs on Wall Street.

Finance & Economics

AI Boom Accelerates Growth in Taiwanese Exports

Last month, the volume of Taiwan’s export activity demonstrated the dynamic of growth, the pace of which turned out to be the fastest since February 2022.

News

Foxconn Q2 Revenue Exceeds Market Forecast

Foxconn, the Taiwan-based world’s largest contract electronics manufacturer and the main assembler of Apple’s iPhone reported quarterly revenue that beat previous expectations for the dynamic of the corresponding figure.