AI's Power Bottleneck Is Here, Profiting Is The Hard Part
AI's Power Bottleneck Is Here, Profiting Is The Hard Part
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AIA Group H1 Profit Climbs On Insurance Revenue Strength
(RTTNews) – AIA Group Ltd (AAGIY, AAIGF, 1299.HK), a Hong Kong-based insurance and finance company, reported Thursday higher profit and Insurance revenue in its first half of fiscal 2026. In Hong Kong, the shares were trading at HK$72.050, down 1.30%. In the first half, net profit attributable to shareholders climbed to $4.294 billion from last…
Experian Deploys a ChatGPT Plugin to Help Consumers Find Credit Cards – Digital Transactions
With nearly 59% of U.S. consumers knowingly using an artificial-intelligence chatbot, according to the Pew Research Center, credit-reporting agency Experian plc is putting its credit card marketplace into AI tool ChatGPT. Announced Thursday, the plugin, available on ChatGPT’s plugin site, lets consumers explore credit card options for various types, such as travel, rewards, and cashback….
Who would you give your money to, hyperscalers or the U.S. government?
More AI trillionsYou know things have reached a point when more than $2 trillion in investing can be announced in one week and nobody’s even really talking about it. Processing Content This week, three major banks announced three major investment consortiums, all to fund the AI infrastructure buildout. Bank of America announced a $250 billion…
Nvidia is the beating heart of the AI boom and the stock market — which sets up a big test
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.
Project Agorá Cuts Cross-Border Payment Times to 80 Seconds
Real-value testing (RVT) of tokenization of wholesale cross-border payments demonstrated an average time from payment initiation to settlement of about 80 seconds, according to a report by the Bank for International Settlements (BIS). Project Agorá, a public-private collaboration exploring tokenization of wholesale cross-border payments, conducted the RVT in a controlled environment in July, the BIS…
Dollar Slides on Stock Strength and Weakness in US Economic Reports
The dollar index (DXY00) is down by -0.20% today. The dollar is falling today as stock strength has reduced demand for liquidity in the dollar. Also, today’s weaker-than-expected reports on July ADP employment and July ISM services were bearish for the dollar. Losses in the dollar are limited on hawkish comments from Kansas City Fed…
