AMD invests in GPU cloud provider Vultr at $3.5 billion valuation

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AMD’s investment in Vultr comes after Nvidia backed GPU startup CoreWeave.
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Bank of Japan holds rates at 0.25%, yen weakens

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
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December 19, 2024

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Chinese self-driving trucking company pivots to generative AI for video games

Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday.
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December 19, 2024

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Fed cuts by a quarter point, indicates fewer reductions ahead

The Federal Reserve on Wednesday announced its decision on interest rates.
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Why the stock market was so disappointed by the Fed Wednesday

Investors were more concerned with what the Fed projected in its forecast for 2025 than they were heartened by the December cut.
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AMD invests in GPU cloud provider Vultr at $3.5 billion valuation

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