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Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel.
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The companies say the new arrangement, announced Monday (Aug. 18), represents a commitment to investing in advanced technology and semiconductor innovation in the U.S.
“Semiconductors are the foundation of every industry,” Masayoshi Son, chairman and CEO of SoftBank, said in a news...
Freight technology company truckstop.com has acquired transportation-focused FinTech company Denim to enhance the factoring offering, cash flow solutions and back-office automation it provides to companies in the freight industry.
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Truckstop.com will integrate Denim’s financial technologies into its freight matching and carrier identity solutions to help fleets and...
MIT researchers used generative artificial intelligence (AI) to create molecules that didn’t exist before to develop promising antibiotics candidates for MRSA, a superbug that has killed millions.
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MRSA, or Methicillin-resistant Staphylococcus aureus, is caused by a staph bacteria that has become resistant to most antibiotics, according to the Centers for Disease Control...
Personal finance company SoFi is set to debut an international money transfer service.
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This service, the company announced Tuesday (Aug. 19), will operate directly from the SoFi app in partnership with crypto infrastructure provider Lightspark.
According to a news release, Lightspark will enable the transfers via Universal Money Address (UMA), “to send and receive money...
Citi has added new artificial intelligence-powered enhancements to its CitiDirect Commercial Banking platform as it continues the global rollout of the platform.
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New AI-driven automation streamlines data extraction, form filing, client query routing and fraud detection, Citi said in a Wednesday (Aug. 13) press release.
Other new enhancements to the platform include...
The United States said the United Kingdom will end its effort to access U.S. Apple users’ encrypted data.
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Tulsi Gabbard, U.S. director of national intelligence, said in a post on social platform X Monday (Aug. 18) that she, President Donald Trump and Vice President J.D. Vance had spent the last few months working with the U.K. to hammer out a deal.
Over the past few...
Chinese artificial intelligence startup DeepSeek has released a new version of the open-source AI model behind its controversial chatbot.
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Citing a post on DeepSeek’s official WeChat group, Bloomberg reported that DeepSeek V3.1 is ready for testing.
The new version has a longer context window, or space for prompting, of 128,000 tokens. That’s roughly 96,000 words or...
Nuvei integrated with Zuora to streamline recurring payments for international enterprises.
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The integration of Zuora’s monetization platform and Nuvei’s global acquiring footprint, local payment method support and real-time transaction optimization enhances Nuvei’s ability to support enterprise recurring revenue at a global scale and Zuora’s ability to provide a robust...
Tether has named one-time White House cryptocurrency figure Bo Hines to an advisory role.
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Hines has been named the stablecoin issuer’s strategic advisor for digital assets and U.S. strategy, Tether announced Tuesday (Aug. 19). This follows his tenure as executive director of the White House Crypto Council under President Donald Trump.
“Hines brings a unique blend of...
Cryptocurrency exchange Gemini’s recent initial public offering (IPO) filing with the Securities and Exchange Commission (SEC) reportedly highlighted the company’s ties to blockchain company Ripple Labs.
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Gemini said in its Form S-1 filing that it has a $75 million credit line with Ripple, the option to extend the facility to $150 million if certain metrics are met and...