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Trump Calls for Lowest U.S. Interest Rates Ahead of Key Fed Decision

U.S. President Donald Trump has renewed his call for lower interest rates, saying the United States should have the lowest borrowing costs in the...

China’s Foreign Exchange Reserves Rise More Than Expected in August

China’s foreign exchange reserves increased more than expected in August, helped in part by weakness in the U.S. dollar, according to data released by...

US DOJ Probes Nvidia’s Deal With AI Chip Startup Groq

The U.S. Justice Department is examining whether Nvidia structured its agreement with artificial intelligence chip startup Groq in a way that could have avoided...

OpenAI Deepens Samsung Partnership as It Develops Next-Generation AI Chips

OpenAI is expanding its collaboration with Samsung Electronics as the ChatGPT developer works on its own artificial intelligence chips, strengthening ties with the South...

China Plans $54 Billion Capital Injection for State Banks and Insurers

China is preparing a coordinated capital-boosting programme worth about $54 billion for major state-owned banks and insurers, as Beijing moves to reinforce the country’s...

Boosting Rupee Stability,India Attracts $136.38 Billion in Forex Inflows

India has attracted a much larger-than-anticipated $136.38 billion in foreign currency inflows through special financing programmes, providing the Reserve Bank of India (RBI) with...

Uber’s Autonomous Ride Service Is Introduced in

Uber, Pony.ai and Croatian startup Verne have launched an autonomous ride service in Zagreb, marking the first time users in a European city can...

A CS-4 System Is Introduced by Cerebras to Speed Up AI Chatbot Processing

Cerebras Systems has introduced a new artificial intelligence server designed to handle chatbot requests more quickly, expanding the company’s push into the growing market...

Jane Street Hit by $15 Billion Loss in July Amid AI Market Selloff

Jane Street was hit by a $15 billion loss in July following losses tied to its investment in AI-focused hedge fund Situational Awareness and...

Fed Weighs Interest Rate Hikes as Inflation Remains a Concern

Federal Reserve Chair Kevin Warsh has several possible ways to help bring inflation back toward the central bank’s target. However, raising interest rates remains...

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