Google Reportedly to Start Manufacturing Pixel Smartphones in India by Next Quarter
The media reported that Google plans to launch production of its Pixel smartphones in India by the next quarter.
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Google Pauses Gemini AI Image Generator
Google on Thursday, February 22, announced the decision to suspend the operation of the image generation function, which is included in the list of capabilities of the artificial intelligence model called Gemini.
Nvidia Reports Earnings
Nvidia, the world’s largest chip manufacturer, has become one of the beneficiaries of the so-called artificial intelligence boom, which is confirmed by the financial results of this company.
PhonePe Launches India Mobile App Store
The fintech company PhonePe Pvt., which is part of the Walmart ownership structure, announced the launch of a digital mobile apps store for consumers from India.
World Bank Declares Importance of Much Faster Growth of Emerging Economies
The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.
China’s Economic Troubles Hurt HSBC
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Amazon to Launch Fast Fashion Store in India
Amazon Bazaar platform will offer a selection of affordable unbranded clothing and accessories to value shoppers in India.
Adobe Launches AI Assistant
Last Tuesday, February 20, Adobe launched a digital assistant based on artificial intelligence.
Uber Eats Pilots Robo-Delivery in Japan
As Japan is easing traffic laws to allow free movement of self-driving delivery robots, Uber Eats jumps on the bandwagon with food delivery by Cartken’s autonomous sidewalk robot.
Startup Recogni Nabs $102 Million to Design AI Chip
Recogni Inc., an artificial intelligence startup that specializes in creating technologies to support autonomous vehicles, reported that it managed to raise investment funds for $102 million.
Mumbai Launches Metaverse Initiative to Showcase Infrastructure Projects
The Mumbai Metropolis Metaverse platform allows all the local citizens and other interested people to explore both newly launched and upcoming infrastructure projects in 3D or virtual reality (VR).
Barclays to Return £10 Billion to Investors in Overhaul
Barclays Plc announced its activity plans for the near future, which include taking measures to reduce costs, structural reorganization, and returning at least £10 billion to shareholders.
Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
Apple Set to Face EU Fine
Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.
Brazil Stark Bank Doubles Profit
Stark Bank, one of the few startups from Latin America that received funding from Jeff Bezos’ family office, is currently recording profits as part of its activities to assist companies in handling payment transactions.
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