📰 AI Helped Uncover A "50-80x Improvement" For Linux's IO_uring
Linux block maintainer and IO_uring lead developer Jens Axboe recently was debugging some slowdowns in the AHCI/SCSI code with IO_uring usage. When turning to Claude AI to help in sorting through the issue, patches were devised that can deliver up to a "literally yield a 50-80x improvement on the io_uring side for idle systems." The code is on its way to the Linux kernel...
🔗 Source: https://www.phoronix.com/news/AI-50-80x-IO-uring
#linux#kernel
Russian government to subsidize rural mortgages
📌The funds are provided for the purchase of housing in rural areas.
📌This was said by the Prime Minister Mikhail Mishustin, at a meeting with Deputy Prime Ministers.
📌Additional 5 billion rubles will be allocated to subsidize over 160 thousand loans (under the Rural Mortgage program) that have been concluded in recent years.
📌In July 2023, the government increased the size of the concessional loan under the "Rural mortgage" to 6 million rubles. The initial payment for the program launched in the spring of 2020 is 20%.
📌 A loan in the amount of 100 thousand to 6 million rubles is issued for a period of up to 25 years. The preferential rate of 3% is preserved.
#news#russia#nido_russia#rural#housing#loans
https://t.me/nido_russia
Svakarma Finance Raises $10.4M
Svakarma Finance successfully raised $10.40 million in funding on December 13, 2024. For more details, visit their website.
#Funding#Finance#Svakarma#Investment#Capital#Startup #2024 #Market#Growth#Innovations#Loans#FinanceTech#DigitalFinance#Fintech#VentureCapital#Equity#FundingRound#FinancialServices#Economy
VakıfBank Secures $870M Funding Round
VakıfBank has announced a funding round of $870 million, set for November 26, 2024. For more details, visit their official page here.
#Funding#VakıfBank#Finance#Investment#FundingRound#Banking#Loans#Capital#Turkey#Business#Economy#November2024#Growth#Market#Assets#InvestmentOpportunities#FinancialServices#InstitutionalInvestors#Debt#Equity
NBU Accuses BitCapital of Illegal Lending
The National Bank of Ukraine (NBU) has accused the Ukrainian service BitCapital, which issues loans in USDT stablecoins, of providing illegal lending services. Over 700 complaints from citizens cite issues like high interest rates, wrongful charges, aggressive debt collection tactics, and lack of transparency. The service's operations in Ukraine are now banned. Read more here
#Ukraine#BitCapital#USDT#Banking#Regulation#Lending#Finance#Crypto#NBU#Loans#ConsumerProtection#Debt#InterestRates#Bans#Complaints#Market#IllegalServices#Transparency#FinanceNews#VC#Crypto