Osigu Raises $25 Million for Healthcare Platform
Osigu has announced the first closing of a Series B funding round in the amount of $25 million.
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Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week
Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.
Apple Reportedly Tests Blood-Sugar App
The media reports that Apple this year tested an app with which people with prediabetes will be able to control the process of food intake and change their lifestyle.
US Consumer Sentiment Demonstrates Improvement
In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.
Morgan Stanley Lowers Climate Target
Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.
South Korea to Monitor Cross-Border Crypto Transactions
New crypto regulations in South Korea will require businesses engaged in cross-border virtual asset trade to register with authorities in advance and submit monthly transaction reports to the Bank of Korea.
Visa and USAID Join Efforts to Drive Inclusive Digital Government Ecosystems and Digitize Payments
Together with USAID, Visa aims to enhance access to secure, inclusive, and transparent digital government systems globally, promoting economic development and growth in select markets.
Mastercard Expands Product Express Platform for Card Issuance
Mastercard is expanding its Product Express platform across Africa, the Middle East, Europe, North America, and additional markets in Latin America, enabling fintechs to launch card programs with speed, simplicity, and full transparency.
Identity Startup Socure to Acquire Effectiv
Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.
Klarna Launches UK Gift Card Store
Klarna has announced the opening of the Gift Card Store, which was developed in partnership with a global branded payments provider Blackhawk Network.
Nvidia Expands Its Activity in India
Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.
Bank of Canada Cuts Interest Rates
The Bank of Canada has accelerated the pace of the interest rates cutting.
MoneyLion Launches Financial Products Marketplace
MoneyLion has launched a new marketplace that allows consumers to search, apply for, and make transactions on third-party financial products, including loans, credit cards, and savings accounts.
Startup Hugging Face Seeks to Cut AI Costs
The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.
Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division
Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.
Deutsche Bank Shares Decline Amid Its Earnings
On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.
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