BitOasis Secures VASP License in Dubai
BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.
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Jack Ma Envisions AI Shaping Ant Group’s Future Through Innovation and Efficiency
Chinese billionaire and the co-founder of industry-leading Ant Group, Jack Ma, expressed his opinion about the significant opportunities artificial intelligence (AI) can offer to the fintech giant.
UK Business Confidence Demonstrates Decline
In the United Kingdom, businesses lost steam and pulled back on hiring in November.
OpenAI Reportedly to Give Microsoft Access to Its AGI
The media reported that OpenAI may provide Microsoft with access to its as-yet-unrealized artificial general intelligence (AGI).
China Opens Probe Into Nvidia
Chinese state media reported that Beijing has launched an antitrust investigation against Nvidia, the world’s largest and most popular developer of graphics processing units, which are necessary for training and ensuring the process of subsequent operation of artificial intelligence systems.
Australian Fintech Faces Contraction, Blockchain Hit Hardest
Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.
Chinese Regulators Urge Global Banks to Facilitate Offshore IPO Listings
Chinese regulators, including the China Securities Regulatory Commission (CSRC), have reportedly requested top global banks to expedite offshore listings for Chinese companies in Hong Kong in an effort to boost overseas fundraising and revive the economy.
Amazon Presents New AI Capabilities at AWS re:Invent 2024
Amazon revealed the full scope of upcoming generative AI innovations at the annual cloud-focused event in Las Vegas.
HSBC Expects S&P 500 Index to Hit 6,700
Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.
Digital Bank Zopa Raises $85 Million
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
LG Electronics to Test India’s IPO Market
The Indian unit of the South Korean company LG Electronics Inc. filed for an initial public offering (IPO).
Startup Cohere to Prioritize Customized AI Models
Canadian startup Cohere, which operates in the artificial intelligence industry, focuses on the development of tailored AI models for enterprise users.
TikTok Faces US Ban
The Chinese TikTok’s parent company faces a ban in the United States next month as a result of the relevant decision of the federal appeals court, adopted on Friday, December 6.
US Job Growth Accelerates
In the United States, a recovery in job creation was recorded in November after the minimum figures in the previous month.
OpenAI Launches $200 ChatGPT Subscription
OpenAI on Thursday, December 5, launched a version of its popular chatbot ChatGPT worth $200 per month.
Elon Musk’s xAI Raises Around $6 Billion
Founded by Elon Musk last year, startup xAI, which operates in the space of the artificial intelligence industry, on Thursday, December 5, announced that it had managed to raise about $6 billion in equity financing.
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