News - page 119

Google Reportedly Uses Anthropic’s Claude to Improve Its Gemini AI
Science & Technology

Google Reportedly Uses Anthropic’s Claude to Improve Its Gemini AI

The media has released information that contractors who are working to improve Google’s artificial intelligence system called Gemini are comparing responses generated by this virtual product with outputs received from a competing AI model, Anthropic’s Claude.

Big Banks Sue Fed Over Annual Stress Tests
Finance & Economics

Big Banks Sue Fed Over Annual Stress Tests

In the United States, a group of banks and business groups are suing the Federal Reserve as part of an annual banking stress test.

Anatomy Financial Raises $19 Million
Fintech & Ecommerce

Anatomy Financial Raises $19 Million

Anatomy Financial raised $19 million as part of the Series A funding round.

S&P 500 Rises 1% on Christmas Eve
Finance & Economics

S&P 500 Rises 1% on Christmas Eve

In the United States, the stock market experienced an upward dynamic on Christmas Eve.

Meta Platforms Bets on AI
Science & Technology

Meta Platforms Bets on AI

The era of artificial intelligence as a kind of historical moment, if it has not yet fully become a state of affairs reflecting the content of the current condition of the global technology sector, then it will definitely be one soon since there are no more advanced functional systems and there is also no higher […]

CIMB and Gentari to Drive Green Mobility and Facilitate Decarbonisation
Science & Technology

CIMB and Gentari to Drive Green Mobility and Facilitate Decarbonisation

Malaysia’s clean energy solutions provider Gentari has teamed up with the local bank CIMB Group Holdings Berhad to promote green mobility and decarbonise the value chain across the ASEAN region.

Visa Analysis Reveals Online Holiday Shopping Growth
Fintech & Ecommerce

Visa Analysis Reveals Online Holiday Shopping Growth

Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.

Crypto.com Launches U.S. Custody Trust Company
Blockchain & Crypto

Crypto.com Launches U.S. Custody Trust Company

Crypto.com exchange expands its institutional services in the U.S. with the dedicated entity – Crypto.com Custody Trust Company.

Amazon and Universal Music to Combat Unlawful AI-Generated Content
Science & Technology

Amazon and Universal Music to Combat Unlawful AI-Generated Content

Amazon and Universal Music Group (UMG) have expanded the scope of their partnership.

Retailer Party City Files for Bankruptcy
Finance & Economics

Retailer Party City Files for Bankruptcy

Retailer Party City, which has been facing difficulties since the coronavirus pandemic, filed for Chapter 11 bankruptcy protection in the United States last weekend for the second time in two years.

Klarna Becomes Default Option for WooCommerce
Fintech & Ecommerce

Klarna Becomes Default Option for WooCommerce

Klarna payments will be automatically enabled for all the new merchants using the WooCommerce platform.

Nordstrom to Go Private
Finance & Economics

Nordstrom to Go Private

Nordstrom, the luxury department store chain, announced on Monday, December 23, that it would become a private company after it agreed to a buyout deal valued at approximately $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.

Apple Approaches $4 Trillion Valuation
Science & Technology

Apple Approaches $4 Trillion Valuation

Apple is currently approaching its historical market capitalization indicator of $4 trillion.

Fed’s Beth Hammack Says Economic Strength Argues Against Rate Cut
Finance & Economics

Fed’s Beth Hammack Says Economic Strength Argues Against Rate Cut

Federal Reserve Bank of Cleveland President Beth Hammack said this week she voted against cutting interest rates by the United States financial regulator, as the strengthening of the US economy and inflation outlook do not indicate expediency of further easing of monetary policy.

China Keeps Benchmark Lending Rates Steady
Finance & Economics

China Keeps Benchmark Lending Rates Steady

Last Friday, December 20, the People’s Bank of China decided to keep its main benchmark lending rates at the same level, as the Asian country is currently facing the challenge of bolstering economic growth while backstopping the weakening yuan.

Southeast Asia Seeks to AI Boom
Science & Technology

Southeast Asia Seeks to AI Boom

Southeast Asia is gradually becoming a promising investment hot spot for leaders in the global artificial intelligence industry such as Nvidia and Microsoft, which are making financial injections in cloud services and data centers.