AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance
AMD is partnering with OpenAI to provide six gigawatts worth of processors for AI data centers, a move that challenges Nvidia’s AI chip market dominance. The five-year agreement aims to help ...
Big Banks: Fifth Third Acquires Comerica
Fifth Third (Nasdaq: FITB) will acquire Comerica (NYSE: CMA), according to a public statement. The deal will create the ninth-largest US bank, with approximately $288 billion in assets. Shares of bot...
Fintech Abound Tops £1 Billion in Online Lending
Abound, a UK Fintech in the online lending sector, has surpassed £1 billion in lending. First reported by Financial IT, Abound CEO Gerald Chappell, is quoted on the milestone: “Reaching £1 billi...
Swiss Exchange Operator SIX Brings Digital Asset Entity In House
SIX, the operator of the Swiss Stock Exchange, will bring its digital asset group SDX in-house as it moves closer to becoming a marketplace based on blockchain technology. In May, it was announced tha...