by Jim | Apr 17, 2025 | AI News, FinTech blog
In its April 2025 World Economic Outlook, the International Monetary Fund (IMF) projects global growth at 3.3% for both 2025 and 2026, maintaining a steady yet modest pace below the historical average of 3.7% from 2000 to 2019 . While inflation is expected to decline,...
by Jim | Apr 17, 2025 | AI News, FinTech blog
The fintech industry continues to evolve at a rapid pace, with artificial intelligence (AI) driving transformative advancements across the sector. Despite geopolitical challenges and shifting regulatory landscapes, innovation remains at the forefront. Here’s a...
by Jim | Apr 15, 2025 | AI News, FinTech blog, Technology blog
Nvidia has announced a significant expansion of its manufacturing operations in the United States, committing to produce its advanced Blackwell AI chips and supercomputers domestically. This strategic move involves an investment of up to $500 billion over the next...
by Jim | Apr 14, 2025 | AI News
At its core, agentic AI refers to artificial intelligence systems that possess a degree of autonomy and can act on their own to achieve specific goals. Unlike traditional AI models that simply respond to prompts or execute predefined tasks, agentic AI can make...
by Jim | Apr 11, 2025 | AI News, Energy Blog
The report estimates that global electricity usage by AI-optimized data centers will increase to 945 terawatt-hours annually by 2030, up from current levels. This growth is almost three times the total electricity consumption of the United Kingdom in 2023. Despite the...