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Latest: Fintech News

OpenAI’s ‘Strawberry’ Model Would Be Capable of ‘Deep Research’
OpenAI’s ‘Strawberry’ Model Would Be Capable of ‘Deep Research’

The closely guarded artificial intelligence model which is under development would be able to navigate the internet autonomously

Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering
Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering

A crypto-tracing firm has identified a “multi-billion dollar marketplace used by online scammers” allegedly involved in laundering proceeds of scams around the world

Samsung, Apple Lead Global Smartphone Sales Boost Amid AI Push
Samsung, Apple Lead Global Smartphone Sales Boost Amid AI Push

Handset makers are banking on the rollout of artificial intelligence features to fuel the continued recovery in the global phone market

Thai Economy Rocked by Factory Closures, Cheap Chinese Imports
Microsoft in Mega Carbon Deal as AI Power Demands Surge – FT
China’s Growth Slows in 2nd Quarter, Downturn Hits Retail Sales
Suu Kyi Adviser Calls For Sanctions on Myanmar’s Central Bank
Germany to Cut Huawei, ZTE Parts in 5G Network From 2026
Conflicting Goals Could Limit Outcomes From China’s Plenum
China’s Exports Surge 8.6% in June, But Imports Drop 2.3%

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors