Bitpanda Launches Institutional Crypto Platform
Austrian fintech unicorn Bitpanda has launched Bitpanda Wealth – a cryptocurrency trading platform catering to the growing demand for institutional crypto services in the EU.
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China to Revise AML Regulations With Crypto Transaction Cases
The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.
OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons
OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.
Walmart Expands Virtual Try-On Tech
Walmart has decided to expand the use of augmented and virtual reality technologies, spreading this offer on eyewear.
Microsoft Revenues Rise 18%, but Investors Unimpressed With AI Operations Boost
Tech giant Microsoft has announced positive quarterly financial results, but coupled with Alphabet’s earnings data, the numbers left investors unimpressed and wiped off $190B in market value for AI-related companies.
German Prices Ease More Than Expected
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
Visa and Transak to Enable Crypto-to-Fiat Withdrawals
Cooperation between the Visa payment network and Web3 infrastructure provider Transak will facilitate crypto-to-fiat withdrawals without centralised exchanges involved.
India Cuts Tariffs to Entice iPhone Manufacturing
The Indian leadership has decided to reduce taxes on the import of several components for mobile devices.
Samsung Electronics Posts Drop in Operating Profit
Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.
Germany to Back EU AI Act
Germany intends to support the proposals of the European Union on the regulation of artificial intelligence after the Ministry of Transport and Digital Affairs abandoned its position of disagreement with the Law of this bloc of countries on AI.
Nvidia Joins Funding for AI Chatbot Maker Kore.ai
Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.
IMF Lifts World Economic Outlook
The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.
BlueLayer Works on Operating System for Carbon Project Developers
BlueLayer is currently working on creating a software platform designed to be used by developers of carbon projects.
AI Chip Startup Rebellions Secures $124 Million
The South Korean startup Rebellions Inc. announced that it managed to raise $124 million in financing from investors, including KT Corp., to accelerate work on the development of a new generation artificial intelligence chip, which is a kind of example of the growing interest in hardware that drives AI.
Amazon to Offer BNPL in Mexico
Amazon.com Inc. has started working with Mexican fintech company Kueski, which specializes in the providing of Buy Now, Pay Later (BNPL) service and personal loans, to offer consumers the opportunity to make payment transactions in installments every two weeks in the space of Latin America’s second-largest economy.
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