News - page 139

Science & Technology

Nvidia CEO Says About Prospects of Artificial General Intelligence

Nvidia CEO Jensen Huang believes that artificial intelligence, which logic of thinking is similar to the paradigm of the corresponding process implemented in the space of human consciousness, can be developed within the next five years.

Blockchain & Crypto

JPMorgan Predicts Bitcoin Correction

JPMorgan analysts say that one of the most anticipated catalysts for further growth in the price of Bitcoin may eventually cause a decrease in the corresponding indicator.

Finance & Economics

BOJ Сhief Stops Short of Declaring 2% Price Goal Met

Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.

Fintech & Ecommerce

Walmart and Amazon Focus on AI

This week, Amazon decided to increase its investment in artificial intelligence, as the e-commerce giant and its competitor Walmart seek to introduce advanced technologies into their services on a large scale so that their market positions remain stable.

Science & Technology

Dell Reports Earnings

Dell Technologies Inc. has reported the highest sales and earnings figures for its products over the past six months.

Science & Technology

AMD’s Market Value Tops $300 Billion

Shares of Advanced Micro Devices (AMD) Inc. last Thursday, February 29, showed a rapid increase in cost.

Finance & Economics

Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao

The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.

Science & Technology

Sales of Apple’s Smartphones Fall in China

In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.

Science & Technology

Elon Musk Sues OpenAI

Elon Musk has sued OpenAI and the chief executive officer of this startup, Sam Altman.

Fintech & Ecommerce

Equifax Launches Fraud Prevention KYB Tool

Equifax is launching the Know Your Business (KYB) solution, with which American lenders and businesses will be able to make more informed decisions about gaining new accounts or vendors.

Science & Technology

Microsoft to Launch Copilot AI Chatbot for Finance Workers

Microsoft on Thursday, February 29, announced its intention to release a version of Copilot, a chatbot based on artificial intelligence, which will be able to perform key tasks for people who work in the sphere of finance.

Science & Technology

India Approves $15 Billion of Chip Plant Investments

In India, the local government has decided to allocate $15.2 billion in government funding for the construction of chip manufacturing plants.

Fintech & Ecommerce

Mastercard Introduces Open Banking for Account Opening Program

The new core benefit program from Mastercard is aimed at select U.S. debit and prepaid products, designed to streamline and secure account opening with open banking capabilities.

Finance & Economics

Chinese Authorities to Discuss Economic Growth Goals

The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.

Fintech & Ecommerce

Klarna Sees Tremendous Improvements Brought By AI Bot

Klarna has had its new AI bot conducting 2.3 million conversations, two-thirds of Klarna’s total customer service chats, within the last month.

Finance & Economics

France’s Inflation Rate Falls

In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.