Saudi Arabia
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Humain: The AI company reflecting Saudi’s future ambition
The project aims to bring all AI functions and infrastructure, from data centres to cloud support and LLMs, under a single umbrella.
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GRIP Extra: CFPB drops Zelle suit, Barclays suffers 3-day IT outage
Other news includes assistance from the SEC for filers using EDGAR, a probe into Nvidia shipments to Malaysia and another bank reviewing its approach to DEI.
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GRIP Extra – CrowdStrike apology, Mira Murati departure and more whistleblowing
Also in the news this week some economic news from China and Saudi Arabia that may have a global impact.
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The future for central bank digital currencies
Crypto has evolved over the course of a decade into a popular and widespread retail investment and payment method. Central banks have taken note and have started issuing their own regulated digital currencies.