Tag Archives: Business News

CoinspeakerSoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI. SoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO

CoinspeakerJapanese Company Rakuten Group Signs MoU with OpenAI Both companies recognize the potential of AI technologies and are actively seeking to harness them to boost their businesses. Japanese Company Rakuten Group Signs MoU with OpenAI

CoinspeakerIRS Announces Full Digital Document Submissions for 2024 Tax Season The initiative will be funded through the Inflation Reduction Act, which approved $80 billion over ten years for the IRS. IRS Announces Full Digital Document Submissions for 2024 Tax Season

CoinspeakerAMD Stock Gains after Q2 2023 Earnings and Plans to Boost AI Chip Production AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year. AMD Stock Gains after Q2 2023 Earnings and Plans to Boost AI Chip Production

CoinspeakerMicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency. MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges

CoinspeakerUber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders. Uber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report

CoinspeakerGoogle Plans Major Upgrade to Its Assistant with Generative AI Features Meanwhile, Google is not alone in its pursuit of enhancing AI-powered virtual assistants. Google Plans Major Upgrade to Its Assistant with Generative AI Features

CoinspeakerBritish Petroleum (BP) Reports 70% Drop in Profit in Q2 2023, Raises Dividends by 10% With falling commodity prices, BP and other oil giants faced significant headwinds taking a major hit on its profits during Q2 2023. British Petroleum (BP) Reports 70% Drop in Profit in Q2 2023, Raises Dividends by 10%

CoinspeakerMeta Platforms to Launch AI-Powered Chatbots with Unique Personalities in September Meta is considering automated checks on the chatbots' outputs to ensure accuracy and compliance with platform rules. Meta Platforms to Launch AI-Powered Chatbots with Unique Personalities in September

CoinspeakerLamborghini Aims for Record-breaking Sales of 10,000 Cars in 2023 Lamborghini’s success in recent years can be largely attributed to the strong performance of its Urus SUV, which has played a pivotal role in the Italian automaker's expansion. Lamborghini Aims for Record-breaking Sales of 10,000 Cars in 2023