News - page 119

Finance & Economics

Uber Reports First-Quarter Results

Uber has released data on its financial results for the first quarter of the current year.

Finance & Economics

UK Economy Escapes Recession

The economy of the United Kingdom has left the recession zone, as evidenced by the fact that in the first quarter of the current year, the local gross domestic product (GDP) showed growth of 0.6% compared to the previous three months.

Science & Technology

Alibaba Launches New Version of Its Large Language Model

Last Thursday, May 9, China’s Alibaba Cloud announced the launch of a new version of its large language model.

Science & Technology

Snapchat Focuses on App Safe

Snapchat owner Snap Inc. intends to take responsibility for the user experience in its app, including in the context of ensuring the safety of children.

Science & Technology

OpenAI Reportedly Plans to Announce Google Search Competitor

The media, citing two insiders, reported that OpenAI is currently completing preparations for the debut of its new product, which is an artificial intelligence-based Internet search system.

Fintech & Ecommerce

Egyptian Financial Platform Swypex Launches Upon $4M Investment

Swypex has secured a $4 million seed investment round, led by the renowned venture capital fund Accel.

Blockchain & Crypto

Starknet Blockchain to Employ AI agents for Autonomous On-Chain Activity

Autonomous AI bots on Starknet will be able to perform on-chain activities for users, such as optimizing yield and re-allocating portfolios.

Fintech & Ecommerce

MENAP-Based Fintech ABHI Expands to Saudi Arabia

An emerging fintech operator, ABHI, with established operations in Pakistan and UAE, has expanded its business to the Kingdom of Saudi Arabia through a partnership with Alraedah Digital Solutions.

Fintech & Ecommerce

American Express Rolls Out Business Card for Nigerian Users

American Express is launching a business credit card in Nigeria.

Science & Technology

Apple to Power AI Tools With Its Server Chips This Year

The media, citing insiders, reported that this year Apple Inc. will introduce some of its new artificial intelligence features in data centers equipped with its own in-house processors.

Science & Technology

Generative AI Accelerates Human-Like Robot Development

Artificial intelligence, existing in forms similar to OpenAI’s ChatGPT, brings a new configuration of technological reality closer to full-fledged and large-scale materialization, in which humanoid robots are what correspond to the concept of an ordinary phenomenon.

Science & Technology

Big Tech Companies Consume Lot of Data to Win in AI

Currently, large technology companies are demonstrating what can be described as super-intensive data consumption, as part of their desire to become winners in the so-called race for artificial intelligence, which has become one of the main processes in the space of digital reality, which is increasingly integrated with life realized offline, and largely determines the […]

Society & Lifestyle

Temasek-Backed Agritech Rize Raises $14M Series A Funding

Rize has an ambitious goal to eliminate 100 metric tonnes of carbon emissions while decarbonising rice cultivation with its robust technology stack.

Blockchain & Crypto

Robinhood Declares 224% Crypto Trading Surge

A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.

Science & Technology

Google DeepMind Debuts Next Generation of Drug Discovery AI Model

Google Deepmind has unveiled the third major version of its artificial intelligence model called AlphaFold, which is designed to help scientists develop medicines and increase the effectiveness of disease control efforts.

Fintech & Ecommerce

Google Opens Digital Wallet to Indian Consumers

Google’s digital wallet has become available to users of the services of this technology giant who live in India.