ECB warns that banks brace for more aggressive AI cyberattacks and flags lack of Mythos access.
Frank Elderson, a board member of the European Central Bank, advised banks in the euro region on Wednesday to promptly get ready for any cyberattacks
Global News, Breaking News, Economic, Business, Energy, Global Markets,
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Google is to introduce a new server chip to run Gemini models more effectively.
Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
Frank Elderson, a board member of the European Central Bank, advised banks in the euro region on Wednesday to promptly get ready for any cyberattacks
Vanguard’s CEO of Europe said the company will broaden its product line for regular investors in Europe with the goal of becoming the largest retail
On Monday, more than thirty African leaders began a summit with French President Emmanuel Macron in Kenya as Paris looked for fresh agreements and collaborations
The Wall Street Journal reported on Friday that Intel has signed a preliminary agreement to produce some chips for Apple devices, potentially boosting Intel’s contract
The European Bank for Reconstruction and Development has carried out its first significant risk transfer deal, the EBRD said on Thursday, looking to scale up
Apollo Global Management reported on Wednesday that its earnings from fees for the first quarter reached all-time highs as its assets under management exceeded $1
Greg Brockman, the president and co-founder of OpenAI, revealed on Monday that he had a nearly $30 billion interest in the ChatGPT company in addition
Before Monday’s opening bell, eBay’s stock is skyrocketing as Ryan Cohen’s GameStop seeks to acquire the company for about $56 billion to compete with Amazon,
The Pentagon announced on Friday that it had agreements with seven tech firms to integrate their AI into its classified computer networks, giving the military
China grants the largest economies in Africa tariff-free access to its market for the next two years, thanks to a policy that went into effect