The FinTech Hub
Source: Coin Tegraph United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the…
Source: Live Mint Indians’ love of gold is legendary, and deeply ingrained in Hindu mythology. As the legend goes, a fortune teller cursed the 16-year-old son of King Hima, saying he would die of a snakebite on the fourth day of his marriage. When the day came, his wife illuminated their house with lamps and…
Source: Venture Beat Nvidia has long dominated the market in compute hardware for AI with its graphics processing units (GPUs). However, the Spring 2024 launch of Cerebras Systems’ mature third-generation chip, based on their flagship wafer-scale engine technology, is shaking up the landscape by offering enterprises an innovative and competitive alternative. This artic… Read Full…
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Source: The Verge Warner Bros. Discovery (WBD) is partnering with Google Cloud to generate closed captioning for content on the studio’s Max streaming service in the US. WBD will use a new “caption AI” solution that runs on Google Cloud’s Vertex AI platform to generate speech-to-text for some shows, starting with “unscripted programming.” Captions generated…
Source: Business Standard The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. Puneet Wadhwa caught up with CHRISTOPHER WOOD, global head of equity strategy at Jefferies in New Delhi on his interpretation of the Fed’s move, its implications for global…
Source: Live Mint Shares of JTL Industries experienced a decline of over 7 per cent in intra-day trading on Friday, October 4, after the company board approved a stock split in the 1:1 ratio while it denied the proposal for bonus issue of shares. The stock split would involve splitting each equity share with a…
Source: Coin Tegraph Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America. Read Full Article
Source: Venture Beat Enterprises adopting AI aren’t just signing a “utility contract” for revenue growth; they’re entering an “emotional contract.” Read Full Article
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Source: The Verge As California Governor Gavin Newsom weighs signing or vetoing the fiercely contested AI safety bill SB 1047, SAG-AFTRA and two women’s groups are pushing him to approve it — adding even more voices to an already frenzied debate. The performers union, the National Organization for Women (NOW), and Fund Her have each sent…
Source: Live Mint Tax audit extension: The Central Board of Direct Taxes (CBDT) has extended the due date for submitting income tax audit reports for the Assessment Year 2024-25 by seven days to October 7, 2024, citing technical issues on the e-filing portal. CBDT announced the deadline extension on September 29, a day before the…
