Amazon Develops Version of Cashierless Tech for Clothing Stores
Amazon.com Inc. has developed a new version of its cashierless shopping technology for clothing retailers — in an effort to expand the system beyond convenience and grocery stores.
Bloomberg Tech
Chinese Battery-Parts Maker, African Fund Plan $2 Billion Venture in Morocco
CNGR Advanced Material Co., a Chinese maker of battery components, is joining forces with African private investment fund Al Mada to build an industrial base in Morocco.
TSMC Weighs Advanced Chip Packaging in US to Ease Bottleneck
Taiwan Semiconductor Manufacturing Co. and Arizona authorities are talking about adding advanced chip packaging capacity to the company’s plants in the state, Governor Katie Hobbs said in Taipei on Tuesday.
Stocks Struggle as $95 Oil Adds to Rate Concerns: Markets Wrap
Global stocks struggled to hold on to gains as traders braced for this week’s burst of central bank decisions. Benchmark Brent crude oil topped $95 a barrel for the first time since November, adding to concerns about inflation.
London Fintech Founder Linked to Drug Kingpins Faces Belgian Money Laundering Trial
A London-based fintech owner accused of helping drug traffickers launder hundreds of millions of euros through a crypto exchange platform must be extradited to Belgium to face criminal charges, a London judge ruled.
Google Adds ChatGPT Rival Bard to Gmail, YouTube, Docs and More
Google has unveiled its next move in the race to dominate generative artificial intelligence: putting the technology directly into many of its most popular products.
AI Firm Pryon Raises $100 Million Led by Billionaire Thomas Tull
Pryon Inc., an artificial intelligence startup that caters to large enterprises, said it has raised $100 million in new financing mostly backed by billionaire Thomas Tull.
Israeli Cyber Firm Cato Raises Funds at $3 Billion Valuation
Cybersecurity company Cato Networks said it raised $238 million from investors at a valuation of more than $3 billion, in one of the largest funding rounds in Israel this year.
OPNX’s $30 Million Hodlnaut Bid Spurned Due to ‘Illiquid’ Token
The interim judicial managers of embattled crypto lender Hodlnaut have opposed the takeover terms from OPNX, a digital asset exchange associated with the founders of failed hedge fund Three Arrows Capital.
Biden Policies Drive Smart Bets on Green Technology, Brainard Says
A suite of federal incentives are helping catalyze spending on cutting-edge green tech and de-risking investments, Biden’s top economic adviser is set to say Tuesday.