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Category: Business

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Business

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

March 20, 2025

Nike is trying to execute a turnaround under new CEO Elliott Hill.

Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
Business

Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers

March 20, 2025

The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology…

Ukraine and Russia to hold parallel talks next week
Business, News

Ukraine and Russia to hold parallel talks next week

March 20, 2025

Volodymyr Zelensky says Vladimir Putin “must stop making unnecessary demands” to achieve a peace deal.

NVIDIA AI Just Open Sourced Canary 1B and 180M Flash – Multilingual Speech Recognition and Translation Models
Business

NVIDIA AI Just Open Sourced Canary 1B and 180M Flash – Multilingual Speech Recognition and Translation Models

March 20, 2025

In the realm of artificial intelligence, multilingual speech recognition and translation have become essential tools for facilitating global communication. However,…

Political free fall: Turkey faces protests, investor flight after opposition leader’s arrest
Business

Political free fall: Turkey faces protests, investor flight after opposition leader’s arrest

March 20, 2025

Concern over stability and economic security in Turkey could damage financial inflows at a time when investor confidence in the…

Streamline AWS resource troubleshooting with Amazon Bedrock Agents and AWS Support Automation Workflows
Business

Streamline AWS resource troubleshooting with Amazon Bedrock Agents and AWS Support Automation Workflows

March 20, 2025

As AWS environments grow in complexity, troubleshooting issues with resources can become a daunting task. Manually investigating and resolving problems…

EU delays implementing first retaliatory tariffs on U.S. goods to middle of April
Business

EU delays implementing first retaliatory tariffs on U.S. goods to middle of April

March 20, 2025

“The change represents a slight adjustment to the timeline and does not diminish the impact of our response,” an EU…

Bank of England holds interest rates, warns global trade uncertainty has intensified
Business

Bank of England holds interest rates, warns global trade uncertainty has intensified

March 20, 2025

The Bank of England on Thursday announced its latest interest rate decision, warning of increased global uncertainty.

World’s largest sovereign wealth fund invests $740 million in London’s Covent Garden
Business

World’s largest sovereign wealth fund invests $740 million in London’s Covent Garden

March 20, 2025

Norway’s $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London’s…

Swiss National Bank makes quarter-point interest rate cut, cites ‘low inflationary pressure’
Business

Swiss National Bank makes quarter-point interest rate cut, cites ‘low inflationary pressure’

March 20, 2025

Switzerland’s central bank on Thursday announced its latest interest rate decision.

China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Business

China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan

March 20, 2025

Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts “at appropriate times.”

Integrate generative AI capabilities into Microsoft Office using Amazon Bedrock
Business

Integrate generative AI capabilities into Microsoft Office using Amazon Bedrock

March 19, 2025

Generative AI is rapidly transforming the modern workplace, offering unprecedented capabilities that augment how we interact with text and data.…

A Coding Implementation to Build a Document Search Agent (DocSearchAgent) with Hugging Face, ChromaDB, and Langchain
Business

A Coding Implementation to Build a Document Search Agent (DocSearchAgent) with Hugging Face, ChromaDB, and Langchain

March 19, 2025

In today’s information-rich world, finding relevant documents quickly is crucial. Traditional keyword-based search systems often fall short when dealing with…

Trump hails ‘very good’ phone call with Zelensky
Business, News

Trump hails ‘very good’ phone call with Zelensky

March 19, 2025

The US president says peace efforts are “very much on track” after an hour-long conversation.

Cloning, Forking, and Merging Repositories on GitHub: A Beginner’s Guide
Business

Cloning, Forking, and Merging Repositories on GitHub: A Beginner’s Guide

March 19, 2025

This comprehensive guide walks you through the essential GitHub operations of cloning, forking, and merging repositories. Whether you’re new to…

Fed holds interest rates steady, still sees two cuts coming this year
Business

Fed holds interest rates steady, still sees two cuts coming this year

March 19, 2025

The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that…

The Fed will update its rate projections Wednesday. Here’s what to expect
Business

The Fed will update its rate projections Wednesday. Here’s what to expect

March 19, 2025

If market pricing is correct, there’s virtually no chance central bank policymakers budge from the current level of their key…

Tool choice with Amazon Nova models
Business

Tool choice with Amazon Nova models

March 19, 2025

In many generative AI applications, a large language model (LLM) like Amazon Nova is used to respond to a user…

From innovation to impact: How AWS and NVIDIA enable real-world generative AI success
Business

From innovation to impact: How AWS and NVIDIA enable real-world generative AI success

March 19, 2025

As we gather for NVIDIA GTC, organizations of all sizes are at a pivotal moment in their AI journey. The…

Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
Business

Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats

March 19, 2025

EU regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump…

Amazon Q Business now available in Europe (Ireland) AWS Region
Business

Amazon Q Business now available in Europe (Ireland) AWS Region

March 19, 2025

Today, we are excited to announce that Amazon Q Business—a fully managed generative-AI powered assistant that you can configure to…

Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested
Business

Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested

March 19, 2025

Imamoglu, the popular 53-year-old mayor was seen as the next opposition party candidate for the Turkish presidency.

Tencent fourth-quarter profit surges 90% on gaming and advertising boost
Business

Tencent fourth-quarter profit surges 90% on gaming and advertising boost

March 19, 2025

Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising…

Russia and Ukraine carry out attacks after Putin-Trump call
Business, News

Russia and Ukraine carry out attacks after Putin-Trump call

March 19, 2025

The attacks came hours after Vladimir Putin said Russia would stop targeting Ukrainian energy sites.

China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause
Business

China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause

March 19, 2025

Chinese markets’ rally has been gaining steam, and market watchers are expecting it to outperform its American counterparts as U.S.…

China is tackling weak consumption with child care subsidies
Business

China is tackling weak consumption with child care subsidies

March 19, 2025

Among the top five priorities China has laid out for boosting consumption is child care subsidies.

NVIDIA Open-Sources cuOpt: An AI-Powered Decision Optimization Engine–Unlocking Real-Time Optimization at an Unprecedented Scale
Business

NVIDIA Open-Sources cuOpt: An AI-Powered Decision Optimization Engine–Unlocking Real-Time Optimization at an Unprecedented Scale

March 19, 2025

Every day, organizations face complex logistical challenges—from optimizing delivery routes and managing supply chains to streamlining production schedules. These tasks…

IBM and Hugging Face Researchers Release SmolDocling: A 256M Open-Source Vision Language Model for Complete Document OCR
Business

IBM and Hugging Face Researchers Release SmolDocling: A 256M Open-Source Vision Language Model for Complete Document OCR

March 19, 2025

Converting complex documents into structured data has long posed significant challenges in the field of computer science. Traditional approaches, involving…

Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
Business

Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

March 19, 2025

The BOJ’s decision comes just ahead of the U.S. Federal Reserve’s policy meeting, where the central bank is expected to…

Putin agrees in Trump call to pause Ukraine energy attacks but no full ceasefire
Business, News

Putin agrees in Trump call to pause Ukraine energy attacks but no full ceasefire

March 18, 2025

The Russian leader declines to sign up to a plan that Ukraine had accepted for a month-long ceasefire.

Running NVIDIA NeMo 2.0 Framework on Amazon SageMaker HyperPod
Business

Running NVIDIA NeMo 2.0 Framework on Amazon SageMaker HyperPod

March 18, 2025

This post is cowritten with Abdullahi Olaoye, Akshit Arora and Eliuth Triana Isaza at NVIDIA. As enterprises continue to push…

Nvidia announces Blackwell Ultra and Rubin AI chips
Business

Nvidia announces Blackwell Ultra and Rubin AI chips

March 18, 2025

Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late…

Germany votes for historic boost to defence spending
Business, News

Germany votes for historic boost to defence spending

March 18, 2025

The move alters the German constitution, allowing the country to increase its military spending.

Amazon Bedrock Guardrails announces IAM Policy-based enforcement to deliver safe AI interactions
Business

Amazon Bedrock Guardrails announces IAM Policy-based enforcement to deliver safe AI interactions

March 18, 2025

As generative AI adoption accelerates across enterprises, maintaining safe, responsible, and compliant AI interactions has never been more critical. Amazon…

Building a Retrieval-Augmented Generation (RAG) System with FAISS and Open-Source LLMs
Business

Building a Retrieval-Augmented Generation (RAG) System with FAISS and Open-Source LLMs

March 18, 2025

Retrieval-augmented generation (RAG) has emerged as a powerful paradigm for enhancing the capabilities of large language models (LLMs). By combining…

Build your gen AI–based text-to-SQL application using RAG, powered by Amazon Bedrock (Claude 3 Sonnet and Amazon Titan for embedding)
Business

Build your gen AI–based text-to-SQL application using RAG, powered by Amazon Bedrock (Claude 3 Sonnet and Amazon Titan for embedding)

March 18, 2025

SQL is one of the key languages widely used across businesses, and it requires an understanding of databases and table…

Unleash AI innovation with Amazon SageMaker HyperPod
Business

Unleash AI innovation with Amazon SageMaker HyperPod

March 18, 2025

The rise of generative AI has significantly increased the complexity of building, training, and deploying machine learning (ML) models. It…

Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free
Business

Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free

March 18, 2025

Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up.

German parliament to vote on historic debt reform
Business

German parliament to vote on historic debt reform

March 18, 2025

The reforms include changes to the debt brake rule and the creation of an infrastructure fund.

ByteDance Research Releases DAPO: A Fully Open-Sourced LLM Reinforcement Learning System at Scale
Business

ByteDance Research Releases DAPO: A Fully Open-Sourced LLM Reinforcement Learning System at Scale

March 18, 2025

Reinforcement learning (RL) has become central to advancing Large Language Models (LLMs), empowering them with improved reasoning capabilities necessary for…

Baidu, once China’s generative AI leader, is battling to regain its position
Business

Baidu, once China’s generative AI leader, is battling to regain its position

March 18, 2025

Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position…

Speech-to-Speech Foundation Models Pave the Way for Seamless Multilingual Interactions
Business

Speech-to-Speech Foundation Models Pave the Way for Seamless Multilingual Interactions

March 18, 2025

At NVIDIA GTC25, Gnani.ai experts unveiled groundbreaking advancements in voice AI, focusing on the development and deployment of Speech-to-Speech Foundation…

Emerging Trends in Modern Machine Translation Using Large Reasoning Models
Business

Emerging Trends in Modern Machine Translation Using Large Reasoning Models

March 18, 2025

Machine Translation (MT) has emerged as a critical component of Natural Language Processing, facilitating automatic text conversion between languages to…

Baidu shares jump 10% following release of new open-source AI models
Business

Baidu shares jump 10% following release of new open-source AI models

March 18, 2025

Shares of Chinese tech giant Baidu were trading up 10% in trading in Asia, as investors reacted positively to a…

Israel conducting ‘extensive strikes’ on the Gaza Strip
Business, News

Israel conducting ‘extensive strikes’ on the Gaza Strip

March 18, 2025

The Hamas-run Civil Defence agency says that at least 34 Palestinians have been killed.

BYD shares rally after it rolls out new technology that charges EVs in five minutes
Business

BYD shares rally after it rolls out new technology that charges EVs in five minutes

March 18, 2025

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at…

Putin urged to prove Russia wants peace ahead of Trump talks
Business, News

Putin urged to prove Russia wants peace ahead of Trump talks

March 17, 2025

The UK and France challenge Russia’s president to agree a ceasefire, ahead of Trump-Putin talks on Tuesday.

This AI Paper from Columbia University Introduces Manify: A Python Library for Non-Euclidean Representation Learning
Business

This AI Paper from Columbia University Introduces Manify: A Python Library for Non-Euclidean Representation Learning

March 17, 2025

Machine learning has expanded beyond traditional Euclidean spaces in recent years, exploring representations in more complex geometric structures. Non-Euclidean representation…

King meets Carney in symbolic support for Canada
Business, News

King meets Carney in symbolic support for Canada

March 17, 2025

The King, who is also head of state of Canada, meets the country’s new prime minister Mark Carney amid a…

A Coding Guide to Build an Optical Character Recognition (OCR) App in Google Colab Using OpenCV and Tesseract-OCR
Business

A Coding Guide to Build an Optical Character Recognition (OCR) App in Google Colab Using OpenCV and Tesseract-OCR

March 17, 2025

Optical Character Recognition (OCR) is a powerful technology that converts images of text into machine-readable content. With the growing need…

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