Explained - page 43

News

Nvidia Nears to Top $2 Trillion Valuation

Nvidia Corporation is currently approaching becoming the first semiconductor company with a market value of $2 trillion.

News

US Manufacturing Activity Demonstrates Growth

It was fixed the increase in manufacturing activity in the United States.

Finance & Economics

World Bank Declares Importance of Much Faster Growth of Emerging Economies

The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.

News

Capital One to Acquire Discover Financial Services

Capital One has announced the acquisition of Discover Financial Services.

News

Airlines to Scan People’s Faces Instead of IDs

Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.

Finance & Economics

U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans

U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.

Science & Technology

OpenAI Launches Text-to-Video Model

OpenAI, which became world-famous after launching its artificial intelligence-based chatbot called ChatGPT, presented a new Sora product.

News

UK Falls Into Recession

The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.

News

Lyft Reports Q4 2023 Earnings

Last Tuesday, February 13, Lyft’s share price showed growth in extended trading but then began to move along a downward trajectory after the company’s CFO reported an error in the brand’s earnings release.

Finance & Economics

UK Inflation Holds at 4%

In the United Kingdom, inflation remained at 4% in January, demonstrating what corresponds to such a concept as stability.

Fintech & Ecommerce

Ripple Acquires Digital Asset Platform

The blockchain and crypto company Ripple will become the owner of the regulated platform for digital assets Standard Custody & Trust Co.

News

OpenAI CEO Reportedly Pitches $7 Trillion AI Funding Project

The media reports that Sam Altman, CEO of OpenAI, is currently pitching an artificial intelligence project to investors, the cost of which is several trillion dollars.

News

Taiwan Expects AI Investments of $7.3 Billion in 2024

Taiwan, which has become a global technology giant in recent years, expects that the volume of investments in the local artificial intelligence industry in the current year will amount to $7.3 billion, as the manufacturing industry of this country develops in the context of a global trend, demonstrating an increase in exports as part of […]

Science & Technology

Japan Earmarks $300 Million to Fire Up Chip Research

Japan intends to allocate up to 45 billion yen ($300 million) in funding to support a research group that develops advanced chip manufacturing technologies.

News

DoorDash to Collaborate With Ahold Delhaize

DoorDash has signed a cooperation agreement with the Ahold Delhaize grocery group.

Finance & Economics

Harm from Ransomware Hackers Demonstrates Growth

Last year, ransomware stole more than $1 billion in virtual space.