Amazon to Open Retail Business in South Africa
Amazon plans to launch its online retail business in South Africa next year.
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Alibaba and Tencent Invest in AI Startup
Alibaba Group Holding and Tencent Holdings have joined to $300 million financing for Baichuan, a Chinese startup operating in the sphere of artificial intelligence and seeking, like many other local firms, to benefit from the rapid growth of interest in developing AI-based services like ChatGPT.
Research Finds Flaws in GPT-4
A scientific article related to Microsoft and published on GitHub contains information about the shortcomings of GPT-4 from OpenAI.
Reality Defender Raises $15 Million to Detect Deepfakes
Reality Defender, a startup developing tools for detecting deepfakes and other content created by artificial intelligence, announced that it managed to raise investments for $15 million.
US Mortgage Originations to Reach $1.95 trillion in 2024
The US Mortgage Bankers Association (MBA) expects that total mortgage origination volume will increase to $1.95 trillion in 2024, up from the $1.64 trillion forecast in 2023.
Instant Payments Play Key Role in Cash Decline: McKinsey
Cash usage declined by nearly 4% globally in 2022, with new developments in instant payments and digital wallets driving cash displacement in certain geographies.
iPhone Sales Decline in China
The level of demand for Apple’s new iPhone 15 smartphone line in the Chinese market is lower than the sales volumes of last year’s mobile phone model of the American technology giant.
Baidu Launches Ernie 4.0
The founder of Baidu, Robin Li, said that the artificial intelligence model developed by his company, in terms of the quality of work and the level of efficiency, equaled the characteristics and capabilities of GPT-4 from OpenAI.
Why franchises make great investments for first-time entrepreneurs
Are you a first-time entrepreneur looking to start your own business? The idea of being your own boss and building a flourishing company may be compelling, but it can also be daunting.
Akurateco Receives the Red Hoodie Award from Startup Wise Guys
A renowned white-label payment gateway provider, Akurateco, has recently received the Red Hoodies award from Startup Wise Guys (SWG).
US Online Holiday Sales to Hit $222B, Driven by Mobile Shopping
According to Adobe Analytics, online holiday sales in the USA are expected to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY).
NYC Releases Plan to Regulate AI
New York Mayor Eric Adams on Monday, October 16, presented a plan for the introduction and regulation of artificial intelligence.
OpenAI Reportedly Readies Share Sale Valuing Company at $90 Billion
The media reports that OpenAI is currently preparing to sell shares with an estimated value of the company at $90 billion.
Australia Watchdog Fines X
The Australian watchdog for Internet security has fined the social network X, which has been owned by billionaire Elon Musk since October last year.
Huawei Drives China Stock Boom
Huawei Technologies is currently sparking the hottest stock trading in China.
5 Fraud Prevention Techniques to Start Using Immediately
Fraud remains an insidious challenge within the domains of insurance, gambling, banking, betting, and eCommerce. As diligent risk managers in these sectors, it is imperative for us to remain at the forefront of innovation by employing robust fraud prevention techniques.
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