Machine learning & AI

Musk plans largest-ever supercomputer for xAI startup: Report

Billionaire tech mogul Elon Musk has told investors he plans to build a supercomputer dubbed "gigafactory of compute" to support the development of his artificial intelligence startup xAI, an industry news outlet reported ...

Business

Microsoft, Amazon to invest billions in French tech

Microsoft on Sunday announced four billion euros in investment for developing data centers in France, joining fellow US giant Amazon in committing to the country's tech infrastructure.

Business

Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of ...

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Investor

An investor is any party that makes an investment.

The term has taken on a specific meaning in finance to describe the particular types of people and companies that regularly purchase equity or debt securities for financial gain in exchange for funding an expanding company. Less frequently, the term is applied to parties who purchase real estate, currency, commodity derivatives, personal property, or other assets.

The term implies that a party purchases and holds assets in hopes of achieving capital gain or cash flow, not as a profession or for short-term income.

This text uses material from Wikipedia, licensed under CC BY-SA