All materials - page 31

News

Stripe Says AI Boom Drives 38% Increase in Payment Volume

Stripe’s investments in artificial intelligence and machine learning contributed to the rapid growth of the financial infrastructure platform last year, as the company’s co-founders Patrick Collison and John Collison wrote in their annual letter to the community of the firm, which was published on Thursday, February 27.

Science & Technology

Amazon Unveils Quantum Chip

Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.

Science & Technology

Conversational AI to Hit $57B in Revenue by 2028

Conversational AI may seem in full bloom today, but analysts say it’s just the beginning.

News

Open Banking API Calls to Grow Fourfold Till Decade End

As artificial intelligence (AI) gets increasingly integrated with open banking tools, the number of open banking API calls skyrocket.

News

Nvidia Sales Demonstrate Growth

Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.

Science & Technology

Amazon Unveils Revamped Alexa

Amazon on Wednesday, February 26, unveiled the long-awaited overhaul of its Alexa digital assistant, for access to which the company will charge a monthly subscription fee.

Blockchain & Crypto

Bitwise Raises $70 Million

Bitwise, a cryptocurrency-focused asset manager, has completed a $70 million raising equity.

Fintech & Ecommerce

Zip Says About High Demand on BNPL

Buy Now, Pay Later (BNPL) provider Zip, which is based in Australia, last Tuesday, February 25, reported that demand from consumers and merchants dropped its growth in the last half of the past year.

Fintech & Ecommerce

DebtBook Launches Sizing Feature for Its Debt Management Solution

DebtBook, a software provider for governments and nonprofit treasury teams, is launching a new debt management tool.

News

Ascenda and Galileo Start Partnership

Ascenda and Galileo Financial Technologies announced the beginning of cooperation, which aims to help banks, fintech companies, and other brands launch card loyalty programs.

News

Quantum Machines Raises $170 Million

Quantum Machines, an Israeli startup that provides quantum control solutions to other professionals in the relevant area, raised $170 million.

Finance & Economics

Thoma Bravo Launches $1.8 Billion Fund

Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.

News

Perplexity AI Announces Web Browser Comet

Artificial intelligence-powered search engine Perplexity AI is currently planning to launch its own web browser.

Science & Technology

Anthropic Launches New AI Model

The startup Anthropic, which is based in San Francisco and operates in the space of the artificial intelligence industry, presented a new frontier AI model called Claude 3.7 Sonnet.

News

Bitcoin Drops to 3-Month Low

Bitcoin dropped below the $90,000 level overnight, being weakened by sell pressure in equities, as the cryptocurrency market is currently awaiting the next catalyst.

Science & Technology

Figure AI Transforms Humanoid Robotics With Vision-Language-Action Model Helix

Helix robots can understand and execute commands expressed in everyday language, possessing high-frequency, continuous control over the entire humanoid upper body.