AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

AMD, the chipmaker hot on the heels of Nvidia in the AI computing race, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big artificial intelligence computing businesses: it announced that it will acquire ZT Systems, which provides compute design and infrastructure for so-called “hyperscalers” (the biggest technology […]
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From Beginner to Bookkeeper: Build a Strong Financial Foundation With This Accounting Bundle

Master essential accounting skills anytime, anywhere, and streamline your financial management with courses in Excel, Xero, bookkeeping, and HR.

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Amazon considers moving Amazon Pay into a standalone app in India

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals […]
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Waza comes out of stealth with $8M to power global trade for African businesses

In May, the African fintech processed up to $70 million in monthly payment volume.
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Digitally resurrecting actors is still a terrible idea

This post contains spoilers for the movie “Alien: Romulus” In the long-running Alien movie franchise, the Weyland-Yutani Corporation can’t seem to let go of a terrible idea: It keeps trying to make a profit from the deadly xenomorph. No matter how many times they fail, and how many people die in the process, whenever the […]
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How scammers convince Americans to drain their life savings into crypto fraud schemes

Cryptocurrencies have become a major tool in “pig butchering” scams, where fraudsters flatter their victims over weeks or months.

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With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining”

Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts […]
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South Korea’s AI textbook program faces skepticism from parents

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in The Financial Times. The tablets are scheduled to be introduced next year, and by 2028, teachers are supposed to be using these AI textbooks for all subjects except music, art, physical education, […]
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Selling a startup in an ‘acqui-hire’ is more lucrative than it seems, founders and VCs say

Selling under such circumstances is often not as poor of an outcome for founders and key staff as it initially seems. 
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These fintech companies are hiring, despite a rough market in 2024

While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams.
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