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AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space...

EU Charges Google for Anti-competitive Practices in ADTech Business

The European Union charged Google for Anti-competitive practices in advertising technology (ADTech) and may seek the breakup of parts of its business to resolve the bloc’s concerns. The executive arm of the EU, the European Commission reached a primary conclusion...

CSRC announces new rules for overseas IPOs

CSRC announces new rules for overseas IPOs The China Securities Regulatory Commission (CSRC) recently announced new rules that require domestic firms to comply with national security regulations and the personal data protection law measures before going public overseas. China-based firms now...

Crypto market gains $84 billion

Crypto market gains $84 billion despite tougher regulatory stance from US Authorities Crypto markets gained $84 billion in value yesterday despite tougher regulatory stand from the USA government. Bitcoin rose to $24,500.00 while ether was up at $1,679.31, as per the Coin Metrics. Vijay Ayyar,...

The Shares Of Alphabet Decline 7% After Google’s AI Event

The shares of Google’s parent company Alphabet declined more than 7% following an event of company to promote its new AI-powered chatbot called Bard. Google publicly announced AI-powered Bard recently and expressed that it will begin to roll out the AI-powered Bard technology...
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