To raise more than $500 billion in third-party funding for AI infrastructure, Nvidia announced on Monday that it has teamed with six major financial institutions
Category: WORLD NEWS
BRICS nations to consider integrating CBDCs with payment systems, RBI chief says.
At an event on Tuesday, Reserve Bank of India Governor Sanjay Malhotra stated that members of the BRICS group of countries are talking about possible
Nvidia is to invest $3 billion in Lancium, a power infrastructure developer for Stargate data centers.
The Information revealed on Friday that Nvidia may invest up to $3 billion in Lancium, a business that develops power infrastructure and is responsible for
Court rules that Instagram and Facebook’s Meta pay $567 million to redress injuries to kids’ mental health.
In the second round of a historic trial, a New Mexico court ordered Instagram and Facebook parent company Meta to pay $567 million to redress
Italy’s UniCredit resumes talks to take over Germany’s Commerzbank, the CEO says.
Following better-than-expected quarterly results on Thursday, Germany’s Commerzbank announced that it has started negotiations with UniCredit on a potential purchase by the Italian lender, saying
JPMorgan to boost US housing with $750 billion investment.
To boost supply and encourage homeownership in the United States, JPMorgan announced on Monday that it intended to invest more than $750 billion in housing
Ares Management, a leading firm in private credit, garners a record $36 billion in Q2.
As institutions continued to allocate to the asset class, Ares Management, one of the biggest names in private credit, reported a record fundraising of $36
Amazon jerks up AI and other technology spending by $20 billion from the windfall of Q2.
Amazon announced that it will increase its capital expenditures on technology, primarily artificial intelligence, by an extra 10% this year. The tech and e-commerce giant
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
The executive of the 27-nation bloc announced on Thursday that the European Union is providing 10 billion euros ($11.4 billion) in funding for companies to
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
Elon Musk’s social media firm X has introduced a tool similar to a bank account that allows users to transmit money to each other. X
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