The AI startup founded by Elon Musk has raised $6 billion in Series C funding. Key investors include NVIDIA, AMD, as well as venture capital funds a16z, Kingdom Holdings and Sequoia, and financial giants Morgan Stanley and BlackRock.As a result of this round, the company's value exceeded $40 billion. Recall that in early 2023, xAI has already raised a similar amount in the Series B round.The funds received will be used to develop the AI infrastructure and improve the company's flagship models. I... Read More
Following today's meeting, the European Central Bank raised all three key interest rates by 50... Read More
The fall in the shares of the Indian industrial conglomerate Adani Group cost India a place in the... Read More
Today, February 2, the first meeting of the European Central Bank in 2023 on the rate will be held.... Read More
By the end of January, the NASDAQ Composite stock index, consisting of shares of high-tech... Read More
In January of this year, shares of the drug manufacturer Pfizer experienced the most impressive... Read More
At the end of January, it became known that the social network Twitter, headed by Elon Musk,... Read More
According to the annual report of the World Gold Council, global demand for gold in 2022 increased... Read More
On Tuesday, the dollar exchange rate is growing slightly in pairs with the euro and the pound and... Read More
Monday, January 30The macroeconomic calendar at the beginning of the week is again almost... Read More
At the end of last week, the dollar managed to finish trading in positive territory, and its DXY... Read More
On Monday, world oil prices show a slight decline, and investors are waiting for the results of the... Read More
The European Commissioner for Economy, former Italian Prime Minister Paolo Gentiloni, believes that... Read More
Reflecting on the prospects of the US dollar on the world stage, some analysts suggest that soon... Read More
Auto shipments from China exceeded 2.5 million units in 2022, making the country the third largest... Read More
According to a report by economists of the International Monetary Fund and the University of... Read More
The European Union is considering the possibility of introducing a price limit on Russian diesel... Read More
According to the US Department of Labor, the number of Americans who applied for unemployment... Read More
On Wednesday, electric car manufacturer Tesla presented a report for the fourth quarter of 2022.... Read More
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Microsoft shares jumped 5.26% to $254.79 in postmarket trading. However, then the dynamics changed,... Read More
Market participants expect that the Bank of England will continue to raise the key interest rate... Read More
On Tuesday, the pound sterling is declining after the release of economic statistics indicating a... Read More
During Monday's trading, the price of oil reached the level of $89 per barrel, which was the... Read More
Monday, January 23This week, the macroeconomic calendar is not rich in any events, and on Monday it... Read More
According to the UK Bureau of National Statistics, retail sales in December 2022 decreased by 5.8%... Read More
According to the Ministry of Internal Affairs and Communications of Japan, consumer prices in the... Read More
Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon believes that US interest rates... Read More
Vietnamese electric car manufacturer VinFast said it is going to protect the competitiveness of its... Read More
According to the SWIFT international system, the share of the pound sterling in international... Read More
Analysts at Goldman Sachs Group Inc. have raised the forecast of China's economic growth for 2023... Read More
