Due to what tech companies praise as its flexible municipal permitting procedures and quick decision-making, Aragon, a sparsely populated area of northeast Spain, has emerged
Category: TECH
Broadcom backs Anthropic with a $42 billion chip-leasing deal.
Anthropic’s IPO prospectus highlights deep ties with several major technology corporations, with semiconductor giant Broadcom emerging as a uniquely critical partner. Unlike investors like Amazon,
IPO filing: Anthropic warns investors that advanced AI could cause potential human extinction.
During its initial public offering (IPO), Anthropic intends to warn prospective investors that developing AI could pose “catastrophic or existential risks to humanity,” an unprecedented
Brazilian giant Nubank targets a blockbuster £10B takeover of British digital bank Monzo.
Brazil’s Nubank is in early talks with British digital bank Monzo about a possible merger, with Monzo valued between £8 billion and £10 billion ($10.60
UK banks hit a milestone with the world’s first tokenized deposit transfers.
In a world-first, Britain’s top banks have used tokenized deposits to transfer money among themselves. This milestone advances blockchain-backed commercial bank money as a safer
SoftBank raises $11.1 billion via the largest high-yield corporate bond sale globally.
As the digital investment giant looks to finance its massive bet on OpenAI, SoftBank Group has raised $11.1 billion in notes denominated in dollars and
Banking alert: AI shopping bots drive up scams, fraud, and data-privacy risks.
Banks like NatWest and Bank of America stated on Tuesday that using AI agents for online shopping might raise the risk of fraud, scams, and
IMF Warns EU: AI will drive growth but stoke economic strain.
An International Monetary Fund research paper states that artificial intelligence might increase European productivity by roughly 1% over a five-year period, but unless governments strengthen
Next-gen Claude: The AI is officially helping Anthropic engineer its own upgrade.
The artificial intelligence lab said on Thursday that Claude from Anthropic is assisting the company in creating the next, more sophisticated version of the model.
China’s Huawei predicts AI will drive most digital traffic by 2035.
By 2035, autonomous agents are expected to make up over 90% of all AI token traffic worldwide, according to China’s Huawei, necessitating significant increases in
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