India consumer inflation slows for ninth straight month — hits lowest since 2017

India consumer inflation slows for ninth straight month — hits lowest since 2017

Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in July, dropping for a ninth straight month to 1.55%, below analysts’ estimates, government data showed Tuesday. The headline inflation rate…

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SoftBank subsidiary to work with Intel on next-gen memory for AI

SoftBank subsidiary to work with Intel on next-gen memory for AI

Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as…

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