Intuition, the native chain for Information Finance (InfoFi), has officially launched its mainnet, an essential step in building a decentralized trust layer for the internet and artificial intelligence (AI). The milestone comes following the completion of an $8.5 million total funding round backed by leading investors, including Superscrypt, Shima, F-Prime…
When US President Donald Trump sits down with China’s Xi Jinping on Thursday in South Korea, one of the most scrutinized topics on the agenda will not be tariffs, rare earths, or fentanyl precursors alone; it will be Nvidia’s Blackwell AI chip.What was unveiled months ago as a corporate product…
Dow futures are trading in green on Wednesday, buoyed by optimism surrounding ongoing AI advancements and strong corporate earnings, especially in the tech sector.Investors await the Federal Reserve’s highly anticipated policy decision, with a widely expected 25-basis-point rate cut.The market will also be watching closely at Fed Chair Jerome Powell’s…
Microsoft is set to announce its fiscal first-quarter earnings later today, with Wall Street expecting another solid performance fuelled by artificial intelligence investments and robust demand for its Azure cloud platform.Analysts forecast revenue of $75.4 billion and adjusted earnings per share of $3.67, according to FactSet.That would mark a 15%…
Wednesday saw significant activity across the global stage, from major technology investments in Asia to key diplomatic signals from the White House. The biggest announcement came from Amazon, as the company’s cloud computing division revealed a multi-billion dollar plan to expand in South Korea. Meanwhile, US President Donald Trump adjusted…
Since 2022, US retail power prices have escalated by 13%, surpassing the Consumer Price Index (CPI) and consequently increasing consumer expenses.Rystad Energy’s analysis indicated that while many attribute the recent surge in power prices to increased demand from data centers, these centers have not yet significantly impacted current power prices.Rystad…
President Donald Trump arrived in South Korea on Wednesday for the final stop of his three-country Asia tour, setting the stage for a highly anticipated meeting with Chinese President Xi Jinping while simultaneously lowering expectations for a near-term summit with North Korean leader Kim Jong Un.Upon landing in Busan and…
Amazon Web Services (AWS) is set to channel another $5 billion into South Korea to expand its data center infrastructure, a major investment aimed at bolstering the nation’s ambition to become a dominant force in the global artificial intelligence race.The commitment, announced by South Korea’s presidential office, deepens the ties…
US President Donald Trump has acknowledged that the Constitution bars him from running for a third term, despite repeatedly hinting at the idea in recent months. Speaking to reporters aboard Air Force One on Wednesday, Trump said it was “pretty clear” he was not permitted to seek another term, describing…
European stock markets opened flat on Wednesday as investors balanced strong earnings from the continent’s banking heavyweights against the major uncertainty of a looming interest rate decision from the US Federal Reserve.The pan-European Stoxx 600 index was flat shortly after the opening bell, reflecting a mixed picture across the region.…