Founded by Elon Musk last year, startup xAI, which operates in the space of the artificial intelligence industry, on Thursday, December 5, announced that it had managed to raise about $6 billion in equity financing.
Federal Reserve Chairman Jerome Powell said last Wednesday, December 4, that the strengthening of the United States economy means that the central bank of this country can demonstrate some restraint in the context of actions to cut interest rates.
The Saxo Bank Outrageous Predictions, which have already become somewhat traditional, have been published.
On Wednesday, December 4, Meta announced plans to invest $10 billion to set up an artificial intelligence data center in Louisiana.
Citigroup on Wednesday, December 4, began the process of rolling out new artificial intelligence tools for its employees.
Walmart reported that at the beginning of the holiday shopping season, third-party sellers enjoyed record sales volumes.
The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]
BlackRock is to strengthen its position in the growing private credit market with the acquisition of HPS Investment Partners, a global credit investment manager with $148 billion in client assets.
The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
Mesolitica, a Malaysian startup focused on developing large language models (LLMs), has created a generative AI LLM designed for the Malaysian language, leveraging one of the world’s leading cloud platforms – AWS.
Marathon Digital Holdings (MARA), a major Bitcoin mining company, acquired a 114-megawatt wind farm in Hansford County, Texas.
The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.
On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.
Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.
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