November

FinanceTrending

AI and Compliance: How Financial Institutions Are Buying (and Being Bought) to Stay Ahead of Regulatory and Tech Risk

Artificial intelligence is changing how the world works, and finance is no exception. From how banks lend money to how they follow regulations; AI is becoming part of every step. Over the past few months, financial institutions have begun to invest in or acquire AI companies that help them move faster, operate more efficiently, and meet new compliance standards.

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FinanceTrending

Kimberly-Clark Buys Tylenol Producer Kenvue for $40 Billion

Kimberly Clark announced its acquisition of Kenvue for $40 billion on November 3rd. Kimberly Clark is a consumer goods company based in Irving, Texas. They are best known for products like Huggies diapers, Kleenex tissues, Scott paper towels and toilet paper, and Pull-Ups diapers. Kenvue is a consumer pharmaceutical company that spun off Johnson & Johnson and is based in Skillman, New Jersey.

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TrendingUS News

Why Nvidia is no Longer Operating in China

Chief Executive Jensen Huang revealed that the company’s market share in China’s AI accelerator sector fell from roughly 95 percent to zero in less than two years. Chinese authorities have also actively discouraged domestic tech companies from purchasing Nvidia products, urging them to source chips from local alternatives. Regulators even blocked corporate buyers from obtaining Nvidia’s modified H20 chips.

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