Tech world saw major AI developments this weekend- SoftBank's $676M data center, Block's NVIDIA implementation, Altman's warning, and Apple's AI race struggle.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Block To Contact Him Directly To Discuss Their Options
Block said that SFS will commence servicing and originating Cash App Borrow loans in the coming weeks and gradually ramp up volumes over the coming quarters.
Block shares are rising in premarket trading following FDIC approval for Square Financial Services to offer Cash App Borrow loans, marking a significant expansion of its consumer loan offerings.
Today, Block, Inc. (NYSEXYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow. SFS is an independently governed subsidiary of Block, Inc., headquartered in Salt Lake City, Utah.
Today, Block, Inc. (NYSEXYZ) announced it will be the first company in North America to deploy the NVIDIA DGX SuperPOD with DGX GB200 systems. Upon deployment at an Equinix data center, this new infrastructure will be used in the research and training of open source generative AI models with novel capabilities in underexplored areas.
On Tuesday, Cathie Wood‘s Ark Invest executed notable trades, including significant activity involving Tempus AI Inc. (NASDAQTEM), Block Inc. NYSE:XYZNYSEXYZ)
While Nvidia has been the undisputed winner in the AI boom, the market is shifting its focus beyond chipmakers to companies integrating AI into their business models.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Block To Contact Him Directly To Discuss Their Options
The interactive content series culminates with the grand prize winner joining Enthusiast’s esports team, Luminosity Gaming, as a content creator, and will be sponsored by trusted brands including Elgato, Cash App and Corsair
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Block, Inc. (“Block” or “the Company”) (NYSEXYZ) NYSE: SQNYSESQ)
