Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.
Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.
Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.
Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring it to obtain licenses to sell its China-focused artificial intelligence chip, according to two sources familiar with the matter.
The experience economy thrives on seamless transactions. Skrill, a digital wallet, and PaysafeCard, an e-cash payment solution, are helping merchants boost engagement, increase conversions and drive growth in gaming, sports betting and sweepstakes.
Clients of India’s Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.
Legacy systems, and limited time and resources to upgrade them, are restricting many insurers from fully adopting digital technology – but you don’t have to do everything at once
Lithuania’s central bank has fined Britain’s most valuable start-up, Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday.