Fintech

Nvidia’s Acquisition of Run:ai Requires EU Regulatory Approval Due to Potential Competition Concerns

Brussels, Oct. 31, 2024 – Nvidia, the prominent U.S.-based chipmaker, is set to pursue European Union antitrust clearance for its proposed acquisition of the AI infrastructure startup Run:ai. The European Commission’s move highlights heightened regulatory scrutiny on transactions that could impact market competition, particularly within high-growth sectors like artificial intelligence. Nvidia’s acquisition of Israel-based Run:ai, […]

Fintech

N26 Reopens Account Registrations in Italy After Addressing Regulatory Challenges

N26 Resumes Operations in Italy, Appoints Andrea Isola as New General Manager German digital bank N26 has successfully resolved the regulatory compliance issues that led to its temporary suspension in Italy in 2022. With new leadership in place and a renewed focus on expansion, the bank is ready to compete in the Italian market. Milan, […]

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