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Supply Chain Finance Global Market Booming in 2023

The global supply chain finance market is expected to grow from $5.65 billion in 2022 to $6.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. Major players in the supply chain finance market are HSBC Holdings Plc., Asian Development Bank, BNP Paribas, Bank of America Corporation, Citigroup Inc., Allianz Trade, JPMorgan Chase & Co., Mitsubishi UFJ Financial Group Inc., Royal Bank of Scotland Plc., Standard Chartered Plc., Alibaba, Oracle Corporation, SAP SE, PrimeRevenue, and Demica. The market value includes the value of related goods sold by the service provider or included within the service offering. 

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Cyberattacks Could Put Our Food Supply at Risk

Modern Farmer Farm. Food. Life. is reporting that cyberattacks could put our food supply at risk. With the rise of digital technology, the food industry is increasingly vulnerable to malicious cyberattacks. This could have a devastating effect on our food supply, as cyberattacks can disrupt the production and distribution of food. It is essential that the food industry takes steps to increase its cybersecurity and prepare for potential attacks.

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Supply Chain Shortages Delay Tech Sector's AI Bonanza

According to the Financial Times, the tech sector's AI bonanza is being delayed due to supply chain shortages. Companies are struggling to find the necessary components to build their AI products, and this has caused a bottleneck in the industry. This has been a major issue for tech companies, as they have been unable to keep up with the demand for AI products. Many companies have had to delay their projects, and some have even had to cancel them altogether. The supply chain shortages have also caused a ripple effect, as other industries have been affected by the delays.

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