Brian Moynihan, Chief Executive Officer of Bank of America, said that currently in the United States, consumers and businesses are following an approach in the framework of spending planning, the main priority of which is caution.
JPMorgan Chase & Co. chief executive officer Jamie Dimon said he expected problems with the private credit market.
Wells Fargo & Co. Chief Executive Officer Charlie Scharf said that his financial institution in a very target way expanding its corporate segment of investment banking services.
Mistral AI, a French startup launched last year that positions itself as a competitor to OpenAI, specializes in developing artificial intelligence tools adapted for use by European consumers, but already has plans to wide operations in the United States market.
OpenAI on Tuesday, May 28, announced the creation of a safety and security committee in the structure of this company.
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, on Tuesday, May 28, during a conversation with media representatives, said that the financial regulator of the United States should wait for signs and evidence of more significant progress in efforts to combat inflation before proceeding with the implementation of the decision to ease […]
Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.
Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.
The administration of the President of the United States Joe Biden on Wednesday, May 22, announced that student loans for $7.7 billion will be forgiven to more than 160,000 borrowers.
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
Kyndryl has teamed up with Nvidia to provide technology and services to businesses that seek to implement solutions based on generative artificial intelligence.
DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.
Brand Red Lobster, which activities provided middle-class representatives in the United States with access to shrimps and lobsters, has declared bankruptcy.
The partners will focus on clean energy, electric vehicle supply chains, and data centers. The new deal will leverage Kenya’s green energy production to help U.S. companies shrink their carbon footprint.
OpenAI decided to disband its team of specialists, which dealt with issues related to long-term risks arising from the use of artificial intelligence.
Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.
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