Business - Page 241

The latest American Stock News Business News: breaking personal finance, company, financial and economic news, analysis into global markets

ExxonMobil discovers hydrocarbons offshore Suriname

/

ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well was drilled by operator PETRONAS, and the discovery is being evaluated to determine its resource potential.

More

J.P. Morgan Executes Intraday Repo Transaction Using Blockchain

/

J.P. Morgan (NYSE: JPM) announced it completed a live, blockchain-based intraday repo transaction. The transaction was successfully conducted between J.P. Morgan’s broker dealer and banking entity, using an in-house developed blockchain application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days.

More

Google’s Cloud TPUs Increase Samsung Electronics’ Bixby’s AI Model Training Speed by 18x

/

Google Cloud TPUs significantly improve the training speed of Samsung's voice-powered digital assistant to deliver an improved user experience across multiple languages. Google Cloud's custom-designed machine learning accelerators, Cloud Tensor Processing Units (Cloud TPUs), have enabled Samsung to enhance Bixby's artificial intelligence (AI) model voice-recognition training speed by 18x.

More
1 239 240 241 242 243 285