PayPal Funds Crypto Payment Startup Mesh With PYUSD Stablecoin
PayPal has invested in Mesh, a crypto-friendly embedded finance solution, almost completely funding the investment with PayPal USD (PYUSD) – Ethereum-based stablecoin.
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Italy Claims OpenAI Breaks GDPR Laws
The Italian data protection authority (DPA) has concluded that OpenAI and its popular AI chatbot ChatGPT do not comply with the European Union GDPR provisions.
China Approves 14 Large Language Models
In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.
Amazon Terminates iRobot Deal
Amazon.com Inc. refused to implement the deal for the acquisition of iRobot Corp.
AI Startup Sierra Reportedly Plans to Raise $85 Million
The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.
Evergrande Approaches Liquidation
The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
Spot Bitcoin ETF Application Registered in Hong Kong
Following the approval of several spot Bitcoin ETF applications in the U.S., regulators in Hong Kong see the first financial institutions trying to jump on the crypto ETF bandwagon.
Reliance Stock Hits Record High, Market Cap Crosses INR 19,5T
Reliance Industries (RIL) stock, the top contributor to the Nifty 50 index, has surged over 7% in the last day and keeps growing. Hitting a record high, the most valued company in the Indian stock market has reached a market cap of INR 19,5T.
Texas Bans Barclays From Local Municipal Bond Market Over ESG Commitments
Texas legal representatives blocked Barclays from working on local municipal bond deals after the bank didn’t respond to requests about its carbon emission commitments.
PayPal Unveils New Products
PayPal has presented new features based on artificial intelligence.
FreedomPay Expands to Spain After Redsys Certification
FreedomPay has reached an important milestone of getting integrated certification from Redsys, a Spanish payments processing provider, which enables the company to offer its commerce platform to Spanish merchants.
Razorpay POS Offers Instant Refunds for Failed UPI Transactions
Razorpay POS has unveiled instant UPI transaction refunds that reduce refund processing time from conventional 5-6 business days to about 2 minutes.
Fidelity Forecasts China’s Economy Gradual Improvement in 2024
Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
Baidu’s AI Chatbot to Power Samsung’s New Galaxy S24 Smartphones
Baidu AI Cloud integrates its Ernie chatbot into Samsung Galaxy S24 smartphones, the use of which in new devices of the South Korean manufacturer, in addition to many functions, will provide users with the opportunity to translate conversations during phone calls.
B2B Provider Mondu Raises $33 Million
B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).
OpenAI Introduces Additions to Its Artificial Intelligence Models
OpenAI has presented several additions to its artificial intelligence models and services.
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