Amazon has announced a new $4 billion investment in Anthropic, an artificial intelligence startup that is considered OpenAI's main competitor. Anthropic is a San Francisco–based chatbot and AI model developer company Claude.Thanks to these funds, the total amount of investments made by the company in Anthropic reached $8 billion. At the same time, representatives of Anthropic clarified that Amazon will remain a minority shareholder.According to the company's statement, Amazon Web Services (AWS) ... Read More
Australia’s business conditions for the month of July increased reaching its maximum levels earlier ... Read More
British consumers lessened their expenditures for the third month in July, leading them into the... Read More
Asian investors are anxious to the stock market since currencies have accelerated to high and too... Read More
The Reserve Bank of Australia has a positive outlook in the two years that the economy will grow... Read More
Oil prices increased on Thursday because of the narrowing of the U.S. market as well as the large... Read More
The status of businesses in India has suffered the worst scenario during the 2008 financial crisis,... Read More
The Markit/CIPS UK manufacturing purchasing managers' index climbed to 55.1 this month from 54.2 in... Read More
Based on a major study, economists became so pessimistic regarding the Britain’s economic outlook a... Read More
It is predicted that the U.S. Treasury will borrow at a smaller value than $2 billion compared to... Read More
According to a senior Chinese trade official, the concerns regarding the deal between the United... Read More
The Eurozone core inflation reached a four-year high this July. This has been the highest level... Read More
The manufacturing Purchasing Managers' Index for the month of July was at 51.4 less than the... Read More
Both money markets and economists deemed that the time where the interest rates stimulate or... Read More
The U.S. gasoline futures rallied that resulted to an increase in gains this week following the... Read More
Japan’s household expenditure in the previous month accelerated most in 2015 since the available j... Read More
The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3... Read More
The British economy was able to accelerate slightly during the second quarter after a lackluster... Read More
China opens the access to capital markets for various types of investors as announced by China's... Read More
German firms are preparing for a bountiful period on the back of a slackening summer... Read More
The growth forecast of South Korea for 2017 was changed on Tuesday pledged to maintain an... Read More
The International Monetary Fund downgraded its growth outlook for the United States due to concerns... Read More
Development in the Information Technology sector and rising adaptability of the labor market in the... Read More
One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Read More
According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Read More
There is a big expectation for major central banks not to implement easing of monetary policy... Read More
The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Read More
The European Central Bank is in the process of curbing inflation to attain the two percent... Read More
The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Read More
The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Read More
The British economy is expected to slow down this year, following its slowest pace since 2012... Read More
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