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Yesterday it was revealed that leading chipmaker Nvidia and leading artificial intelligence research laboratory OpenAI have announced a strategic partnership, under which Nvidia will invest $100 billion in OpenAI. A network of data centres will also be created to train and operate the most advanced artificial intelligence models:→ the network will be based on Nvidia’s…
Spot the difference: Save Money on Foreign Exchange with ALT21 | Transparent, Low-Cost FX Solutions for SMEs
If you’re running a business which trades internationally and imports or exports on a regular basis, exchanging one currency for another should be quick, simple and cheap. However, in practice, foreign exchange has been a minefield of hidden costs and charges, with British SMEs losing £2.8bn and Irish SMEs losing over €430m annually to hidden…
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A Few More Central Bank Decisions, A Lot More Price Data, and A Possible U.S. Government Shutdown Is Looking More Likely – Currency Thoughts
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StoneX Makes $480M Unsolicited Bid for U.K.’s CAB Payments: Report
StoneX, a US-based financial services company, made an unsolicited $480 million takeover bid for UK-listed CAB Payments just months after its public listing. The proposal represents a significant premium to CAB Payments’ current share price. StoneX’s Pursues CAB Payments CAB Payments, which focuses in payment and trading services, received the latest offer from StoneX on…
