The Bank for International Settlements shared its opinion and vision of how financial institutions, primarily those of these organizations that have the status of state regulators, should respond to the active spread of artificial intelligence and interact with this advanced technology.
On Tuesday, June 25, European Union officials said that Microsoft had violated the antitrust laws of this block of countries as part of its practice of bundling Teams with other popular apps of the technology giant for business.
Huawei is currently going through one of the most iconic and remarkable periods not only in its history but also in the history of the high-tech industry.
Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.
The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
Verituity raised $18.8 million to support the growth of its B2B and B2C verified payments platform.
Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.
The media reported that Apple held talks with Meta on the issue of cooperation in the area of artificial intelligence.
India’s first dedicated, direct-to-investor mutual fund, Quant Mutual Fund, is being investigated by the Securities and Exchange Board of India (SEBI) over alleged front-running practices.
OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.
Apple’s large-scale artificial intelligence push project is facing serious challenges in China, as the authorities of this Asian country adhere to very strict rules regarding the development and distribution of AI.
Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.
SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.
The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.
Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.
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