Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
Industry
OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures
The OpenAI Startup Fund has quietly concluded a $15 million funding round.
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...
Stream Analyze Want To Make Chainsaw, Other 'Stupid' Machines Smarter! What To Know About This AI Company
Here's how Stream Analyze make machines and devices smarter...
France's Air Traffic Controllers' Strike Sparks Over 300 Flight Cancellations Amid Travel Chaos
Airline passengers experienced a day of travel chaos as numerous flights were canceled due to concerns about potential worker walkouts in France...
Breakfast Giant General Mills Considers $2 Billion Sale of North America Yogurt Business
General Mills is exploring selling its North American yogurt business,...
IBM, Canada, Quebec to Strengthen Canadian Semiconductor Industry; What to Know About Their Agreements
IBM, Canada, and Quebec announced new agreements to strengthen the Can...
Latest News
AI Transparency Bill: Artificial Intelligence Companies Urged to Reveal Use of Copyrighted Material for Generative Tools
With the increasing integration of generative artificial intelligence tools into the entertainment sector, a bill was endorsed to mandate AI companies to be more transparent.
South Korea to Invest Nearly $7 Billion in AI to Maintain Semiconductor Chips Dominance
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconducto
US Treasury Warns Against Growing Use of Virtual Currencies by Terrorist Groups
The US Treasury Department has expressed concerns about the growing use of virtual currencies and other digital assets by terrorist groups unless Congress enacts new regulatory measures.
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.
Ripple CEO Predicts Crypto Market to Double in Size to $5 Trillion by End of the Year
Ripple CEO Brad Garlinghouse said the cryptocurrency market is poised for significant growth this year.
Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike
Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase.
Dutch Government Set to Comply With US Demands on Chip Exports to China
The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
Justin Trudeau Announces $1.8 Billion Investment Package to Boost Canada's AI Sector
Much of the investment is directed towards improving Canada's computing and technology infrastructure, which will benefit AI researchers and startups.
Russian Nuclear Company Rosatom Accuses Ukraine of Attacking Zaporizhzhia Plant
Russian nuclear power corporation Rosatom accused Ukraine of attacking the Zaporizhzhia plant.
