A fresh cybersecurity study from the Kaspersky team revealed alarming results—only 23% of passwords are strong enough, while 45% of real-world passwords could be cracked in less than a minute.
Singapore has stated that its banking sector poses the highest money laundering risks to the city-state.
HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.
Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.
The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.
The Swiss National Bank decided to cut interest rates for the second meeting in a row.
About 60% of employees in Singapore use generative AI (GenAI) tools at work, the highest usage rate globally, alongside Hong Kong.
In May, the United Kingdom’s inflation rate fell back against the Bank of England’s 2% target for the first time in almost three years.
The new AI models from Meta can generate both text and images and detect AI-generated speech within larger audio snippets.
The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.
bettr platform by Ant International aims to make financing simpler and more accessible for micro and small businesses (MSMEs) in select markets.
Fintech company Zilch Technology Ltd., which is based in the United Kingdom, raised 100 million pounds ($127 million) as part of the deal on securitized debt financing.
Ukraine is home to over 240 companies that deal with artificial intelligence (AI), while the number of AI professionals has grown fivefold over the last decade.
Nvidia, the main beneficiary of the ongoing scaling process of the so-called artificial intelligence boom on Wall Street, has become the most valuable company in the world.
CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.
Startups operating in the cryptocurrency industry have been able to raise more than $100 billion in venture funding since the founding of this sphere of activity.
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