De-dollarized payment systems are cropping up
The emergence of new regional payment systems likely won’t spur de-dollarization, OMFIF said. So far, their infrastructure is weak and…
Nvidia and Salesforce double down on AI startup Cohere in $450 million round
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia and Salesforce Ventures, as…
Meta is testing out a feature that could make Instagram more like YouTube
Instagram is testing a feature that makes some ads unskippable. YouTube has a similar strategy, which requires non-paying users to…
Cryptocurrency Prices And News: Bitcoin Nears $69,700, Crypto Prices Climb
Cryptocurrency prices rose Monday as bitcoin climbed above $69,600 while ethereum trended toward $3,850. The Securities and Exchange Commission on…
Intel battles AMD with new data center chips
Intel launched its next generation Xeon server processors on Tuesday in a bid to regain data center market share, and…
Microsoft to invest $3.2 billion in Swedish cloud, AI
Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over…
Google says tech infrastructure investment in Singapore reaches $5 billion
Alphabet’s Google said on Monday the completion of its data centre and cloud facilities expansion in Singapore meant it had…
Sinking Profits Bring Reality Check to AI-Driven Rally in Emerging Market Stocks
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors…
GameStop Shares Surge After Gill Post Shows $116 Million Bet
GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared…
Ericsson says U.S. anti-corruption compliance monitoring has ended
Sweden’s Ericsson said on Monday that a four-year programme to monitor the company’s compliance with a U.S. anti-corruption agreement had…