AI

Micorosft and AI: Billion Dollars Vision

Imagine a world where AI makes life easier, increases productivity, and creates opportunities we never imagined. Thanks to Microsoft’s remarkable achievements in artificial intelligence, this exciting future is not just a far-off dream but a near-term reality. (AI). let us take a look at various Microsoft projects.  Project Valle  Microsoft’s Project Valle created an AI […]

Credit Suisse Pays Back Some Emergency Liquidity, Central Bank Data Suggests

Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data suggested on Tuesday, signaling an ebbing of the liquidity crisis which triggered the lender’s fall. Sight deposits – cash held by commercial banks overnight with the SNB – fell by 31 billion Swiss francs ($34.3 billion)last […]

Marketmind: Asia Stocks Bounce as Dovish Central Banks Lift the Mood

Asian stocks put in a strong showing on their return to full trading globally after the Easter break, with Australian investors coming back to a 1.3% rally in their equity benchmark. In Japan, where it had been trading as usual over the holiday period, the Nikkei jumped 1.4% after new Bank of Japan Governor Kazuo […]

Top Iranian, Saudi Envoys Meet in China in Restoration of Diplomatic Ties

The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers. After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia […]

Tech Startups: Boosting US DoD Innovation or Fueling Global Tensions? 

The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]

S&P, Nasdaq Futures Fall on Inflation Worries After OPEC+ Output Cut

 Futures tracking the S&P 500 and the Nasdaq fell on Monday as soaring oil prices renewed worries of persistent inflationary pressures, while energy stocks surged at the start of the week. Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day, threatening an immediate rise in […]

China dissatisfied with Japan's chip export restrictions -spokesperson

China was strongly dissatisfied with Japan’s export restrictions on chip manufacturing equipment, Chinese foreign ministry spokesperson Mao Ning said on Monday. China hoped Japan would act on its statements of cooperation with China and take an objective stance, Mao told reporters at a regular briefing. Japan said on Friday it would restrict exports of 23 […]

Italian Minister Says Country’s Ban on ChatGPT Is Excessive

Italy’s deputy prime minister on Sunday criticised a decision by the government’s Data Protection Authority to temporarily ban chatbot ChatGPT, saying the block over privacy concerns seemed excessive. Microsoft-backed OpenAI took ChatGPT offline in Italy on Friday after the national data agency raised concerns over possible privacy violations and for failing to verify that users […]