UK Seeks to More Transparency Into AI Models
The media reports that local authorities in the United Kingdom are currently working to increase the transparency of the training process by technology companies of their artificial intelligence models.
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China’s Capital Outflow Demonstrates Growth
In April, China recorded an increase in the tendency of capital outflows.
Tala Kenya Digital Lender Plans to Diversify Product Portfolio With a Savings Offering
The new saving product targets Tala Kenya’s existing pool of 3.5 million customers, helping the company’s transition from a digital lender to a full-scale financial provider.
China Consumers Face Growing Utility Costs
In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]
OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe
Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.
Blockchain Gaming Saw Nearly $1B Investments in April
Blockchain gaming investments reached $988 million in April, the highest amount since January 2021.
AI Startup CoreWeave Raises $7.5 Billion in Debt Deal
Startup CoreWeave, which specializes in building artificial intelligence infrastructure, was able to raise $1.1 billion in equity funding round and $7.5 billion in debt for larger investments in its cloud data centers.
Kenya and U.S. to Partner on Developing Green Manufacturing Base
The partners will focus on clean energy, electric vehicle supply chains, and data centers. The new deal will leverage Kenya’s green energy production to help U.S. companies shrink their carbon footprint.
OpenAI Rolls Out First Improvements to Data Analysis in ChatGPT
The fresh improvements will be available to ChatGPT Plus, Team, and Enterprise users over the coming weeks. What changes for the users of the popular OpenAI bot?
Ghana & Singapore Complete Cross-Border Transaction in Semi-Fungible Token Pilot Project
The Digital Economy Semi-Fungible Token (DESFT) Project between Ghana and Singapore is intended to encourage trade between MSMEs in these two countries.
Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations
Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.
Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank
Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.
Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program
Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.
Baidu Revenue Grows
Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.
Dell Shares Rise
Last Wednesday, May 15, Dell shares rose by more than 11% after Morgan Stanley raised its price target and released a forecast that this technology company, based in Round Rock, Texas, will increase sales in the foreseeable future amid high demand for artificial intelligence servers.
Dow Crosses 40,000
On the morning of Thursday, May 16, the Dow Jones index crossed the 40,000-point mark for the first time in its history.
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